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Press Room

2024

  • Dec 3

    PBGC to pay pension benefits for St. Joseph Health Services workers & retirees

    WASHINGTON — The Pension Benefit Guaranty Corporation (PBGC) is taking steps to assume responsibility for the St. Joseph Health Services of Rhode Island Retirement Plan (St. Joseph Pension Plan), which covers about 2,500 current and future retirees. St. Joseph Health Services was a not-for-profit corporation that operated a hospital in Providence, Rhode Island.

  • Aug 30

    PBGC celebrates 50 years of pension protection

    WASHINGTON, D.C. – Established on September 2, 1974, the Pension Benefit Guaranty Corporation (PBGC) is celebrating 50 years of safeguarding the retirement incomes of millions of America’s workers, retirees, and their families.

    PBGC was created by the Employee Retirement Income Security Act of 1974 (ERISA) and has continued to be a cornerstone in the protection of private-sector defined-benefit pension plans.

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