Press Room

WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Road Carriers Local 707 Pension Plan (Road Carriers Local 707 Plan)

WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Local 805 Pension and Retirement Plan (Local 805 Plan).

WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Local 138 Pension Plan (Local 138 Plan).

WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Trucking Employees of North Jersey Welfare Fund Inc.

WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension Plan (

WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Iron Workers Local 17 Pension Fund (Iron Workers Local 17 Fund).

WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Bricklayers and Allied Craftworkers Local 5 New York Retirement Fun

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 Central States, Southeast & Southwest Areas Pension Plan (Central States Pla

The Special Financial Assistance (SFA) Program, established under the American Rescue Plan Act of 2021, provides funds to severely underfunded multiemployer pension plans and ensures that millions of workers, retirees, and their families receive the pension benefits they earned through many years of hard work.

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 Local 966 Pension Plan (Teamsters Local 966 Plan).

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 Local Union No. 52 Pension Plan (Teamsters Local 52 Plan).

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 New York State Teamsters Conference Pension and Retirement Plan (NYS Teamsters C

WASHINGTON, D.C. – President Joseph R. Biden, Jr. has appointed the following members to serve on the Advisory Committee of the Pension Benefit Guaranty Corporation (PBGC):

WASHINGTON, D.C. – The Pension Benefit Guaranty Corporation (PBGC) today released its Fiscal Year (FY) 2022 Annual Report.

WASHINGTON, D.C. – The Pension Benefit Guaranty Corporation (PBGC) is hosting an Industry Day virtual conference for asset management firms interested in the Smaller Asset Manager Program (SAMP) on November 10, 2022, at 10:00 a.m. ET. The Industry Day conference will describe PBGC’s upcoming fixed income management services solicitation and the federal procurement process. PBGC’s goal is to expand the number of contracts awarded under the program.  

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 Bricklayers and Allied Craftsmen Local 7 Pension Plan (Bricklayers Local 7 Plan)

WASHINGTON, D.C. - The Pension Benefit Guaranty Corporation (PBGC) is proposing a new regulation to provide interest rate assumptions in determining a withdrawing employer’s liability to a multiemployer pension plan. 

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 Sheet Metal Workers Local Pension Plan (Sheet Metal Workers Plan). The application was submitted and approved under provisions of PBGC’s SFA interim final rule. The plan, based in Massillon, Ohio, covers 1,649 participants in the construction industry.

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 Freight Drivers and Helpers Local Union No.

WASHINGTON, D.C. – The Pension Benefit Guaranty Corporation (PBGC) today released the agency’s Fiscal Year (FY) 2021 Projections Report.