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Press Room

Press Room

All News Releases

2016

March 31

PBGC Report: Multiemployer Program will require significant Additional Premiums

March 18

PBGC, Sears Reach Agreement on Financial Protection for Pension Plan

March 17

PBGC to Pay Pension Benefits for A&P Grocery Chain Employees

March 04

PBGC to Restore RG Steel Pension Plans to Renco Group

2015

November 17

PBGC Paid Nearly $6 Billion in Pension Benefits to Retirees in FY 2015

October 28

PBGC Maximum Insurance Benefit Level for 2016

October 14

W. Thomas Reeder Jr. Sworn in as PBGC Director

September 28

New PBGC Projections: Solvency of Multiemployer Program Fund Extended Three Years; Condition of Single-Employer Program Continues to Improve

September 10

PBGC Shifts Reporting Focus to Large Plans and Sponsors with Highest Default Risk

September 04

PBGC, Sears Holdings Corp. Enter Into Plan Protection Arrangement

June 18

Robert Westbrooks Appointed PBGC Inspector General

June 17

PBGC Implements Multiemployer Reform Act Partition Authority to Help Troubled Plans

May 20

PBGC Launches Pilot Program for Smaller Asset Managers

March 11

PBGC Study: Multiemployer Guarantee Will Cover a Smaller Share of Benefits in Future Plan Failures

February 24

President Names Joyce Mader to Chair PBGC Advisory Committee

February 06

PBGC and Cerberus Secure $212 Million for Safeway Workers’ Pension Plan

2014

November 24

PBGC Publishes Final Rule on 401(k) Rollovers to Traditional Pensions

November 17

PBGC Annual Report Shows Improvement in Single-Employer Program and Deterioration in Multiemployer Program

November 04

After Lengthy Court Battle, PBGC Secures $39.5M Settlement from Former Metaldyne Parent Company

October 28

PBGC Sends Financial Assistance to Struggling Multiemployer Plans

October 27

PBGC Maximum Insurance Benefit Level for 2015

October 23

President Names Donald Butt to PBGC Advisory Committee

September 24

PBGC to Pay Pension Benefits at James River Coal Company

July 08

PBGC Issues Moratorium on 4062(e) Enforcement

June 30

PBGC Report Shows Improvement in Single-Employer Plans, but Underscores Increased Risks to Some Multiemployer Plans

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