There are two options for transferring funds to PBGC for the Missing Participants Program. The preferred option is for funds to be sent electronically via Pay.gov, a website through which you can make secure electronic payments directly to many federal agencies, including PBGC.
A summary of the payment options follows.
Electronic payment via Pay.gov
To pay using this option, go to www.pay.gov, select Pension Benefit Guaranty Corporation from the “Find an Agency” List, and then select PBGC’s Missing Participants Program. You will be prompted to enter relevant information (e.g., plan identifying information, payment amount, the account from which payment will be made) to authorize payment.
Warning regarding Debit Blocks — Before using this option, you will need to find out whether your account has an "ACH Debit Block". If it does, you will need to provide PBGC’s Company ID [1601000607] to your financial institution before you submit your payment so that they may authorize PBGC to debit your account. Without this authorization, your financial institution may reject the processing of your payment.
Electronic funds transfer (ACH or FedWire)
You can direct your bank to send an electronic payment to:
U.S. Bank
Routing: 081000210
Account: 152310875843
Beneficiary: PBGC
Reference: Case #: xxxxxxxx
EIN/PN #: XX-XXXXXXX/XXX
Be sure to include the employer identification number (EIN), 3-digit plan number (PN), and case number in the “description” section of the electronic funds transfer.