As part of posting our updated Risk Mitigation & Early Warning Program information, we asked stakeholders for feedback. Below are some Questions and Answers for the most common questions and comments we received.
Overview:
The Pension Benefit Guaranty Corporation (PBGC) was created in 1974 to protect the pensions of working Americans and provide benefits to participants when pension plans fail. PBGC now insures nearly 37 million American workers, retirees and their families in private-sector defined benefit pension plans.