Stay informed with our latest news and important announcements including: press releases, media appearances, testimonies, policy and congressional updates.
PBGC issues guidance for SFA plan mergers
Press Release
WASHINGTON – The Pension Benefit Guaranty Corporation (PBGC) today released new frequently asked questions (FAQs) for multiemployer pension plans considering a merger in which at least one plan has received special financial assistance (SFA) under the American Rescue Plan Act of 2021. This guidance is part of PBGC’s ongoing compliance...
PBGC launches Amicus Curiae Program
Press Release
WASHINGTON – The Pension Benefit Guaranty Corporation (PBGC) today announced the launch of its Amicus Curiae Program. As part of the Corporation’s compliance assistance efforts, this program establishes a process for private parties to request that the agency file an amicus brief in cases with potential implications for PBGC or...
PBGC to pay pension benefits for three First Brands plans
Press Release
WASHINGTON — The Pension Benefit Guaranty Corporation (PBGC) announced that it is taking action to assume responsibility for three pension plans sponsored by affiliates of First Brands Group, LLC (First Brands). First Brands is a supplier of aftermarket automotive parts headquartered in Cleveland, Ohio. As of September 28, 2025, First...
