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PBGC Pays Homage to Former Executive Director and Retirement Security Advocate

Tuesday August 19, 2014

Robert E. Nagle, who served as PBGC's executive director from 1979-1982, died on Saturday, Aug. 16, 2014, at his home in McLean, Va., at the age of 84. Nagle was appointed executive director by President Carter in 1979 and continued in the position under President Reagan until 1982.

During Nagle's tenure as executive director, he was best known for restructuring the agency's multiemployer insurance program, following the passage of the Multiemployer Pension Plan Amendments Act of 1980. He also worked to prevent the termination insurance program from being used to finance ongoing pension plans.

From 1971-1974, Nagle served as general counsel of the Senate Committee on Labor and Public Welfare, and was instrumental in drafting legislation that was enacted as the Employee Retirement Income Security Act of 1974.

For his commitment to retirement security, Nagle was presented the Jacob Javits Award for Outstanding Contribution to Retirement Security. The award recognized individual efforts that significantly contributed to advancing the private defined benefit pension system.

After his tenure as PBGC's executive director, Nagle was an arbitrator and mediator in employee benefits and labor disputes. As a lawyer in private practice, he also focused on employee benefits issues.

Nagle studied law at Georgetown University Law Center and the University of Chicago Law School. He also studied at Wesleyan University, where he received a bachelor's degree.