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PBGC Approves SFA Application for UFCW Local 152 Plan
Press Release
UFCW Local 152 Plan Averts Insolvency and Reduction of Benefits Through Receipt of Special Financial Assistance
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the United Food and Commercial Workers Union Local 152 Retail Meat Pension Plan (UFCW Local 152 Plan). The plan, based in Mount Laurel, New...
PBGC Approves SFA Application for Local 73 Plan
Press Release
Local 73 Plan Averts Insolvency and Reduction of Benefits Through Receipt of Special Financial Assistance
WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the Teamsters Union Local No. 73 Pension Plan (Local 73 Plan). The plan, based in Valley View, Ohio, covers 529 participants in the transportation...
PBGC Statement on Central States’ Repayment of $126.5 Million in Special Financial Assistance
Statement
PBGC is committed to effective stewardship of taxpayer funds. On April 8, 2024, the Central States Pension Plan (Central States) returned to the U.S. Government more than $126.5 million—the portion of the SFA amount paid to the plan based on inaccurate participant census data. PBGC has been coordinating for several...
Congressional Testimony
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Legislative Affairs
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PBGC Reports
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