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Press Room

2022

  • Aug 5

    PBGC's Karen Morris Named General Counsel

    WASHINGTON, D.C. – The Pension Benefit Guaranty Corporation (PBGC) announced the appointment of Karen Morris to General Counsel.

    "We are delighted that Karen will serve as General Counsel," said PBGC Director Gordon Hartogensis. "Karen has expert knowledge of ERISA and bankruptcy matters and she is a trusted source of practical solutions that will help support the agency's mission and protect the retirement security of millions of workers and retirees."

  • Jul 25

    PBGC Approves Special Financial Assistance Application

    Western Pennsylvania Teamsters and Employers Pension Plan to Receive SFA

    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 Western Pennsylvania Teamsters and Employers Pension Plan (Western Pennsylvania Teamsters Plan). The plan, based in Pittsburgh, Pennsylvania, covers 21,110 participants in the transportation industry.

  • Jun 23

    Painters Local 466 Pension Plan to Receive $5.4 Million

    PBGC Approves Special Financial Assistance for Menands, New York-based 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 Local Union No. 466 Painters, Decorators and Paperhangers Pension Plan (Painters Local 466 Plan). The plan, based in Menands, New York, covers 45 participants in the construction industry.

  • May 31

    PBGC Approves Special Financial Assistance Application

    Mid-Jersey Trucking Industry and Teamsters Local 701 Plan to Receive SFA

    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 Mid-Jersey Trucking Industry and Teamsters Local 701 Pension Plan (Teamsters 701 Plan). The plan, which is based in North Brunswick, New Jersey, covers 1,623 participants in the transportation industry.

  • Apr 29

    PBGC Approves Special Financial Assistance Application

    Food Employers Labor Relations Association and United Food and Commercial Workers (FELRA) Pension Plan to Receive SFA

    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 Food Employers Labor Relations Association and United Food and Commercial Workers Pension Plan (FELRA Pension Plan). The FELRA Pension Plan, based in Landover, Maryland, covers 51,500 participants in the service industry.

  • Apr 28

    PBGC Approves Special Financial Assistance Application

    Local 1482 Plan to Receive SFA

    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 Retirement Plan of Local 1482 – Paint and Allied Products Manufacturers Retirement Fund (Local 1482 Plan). The plan, based in the New York Metropolitan area, covers 152 participants in the manufacturing industry.

  • Apr 27

    PBGC Approves Special Financial Assistance Application

    Graphic Communications Conference of the Intl. Brotherhood of Teamsters National Pension Plan to Receive SFA

    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 Graphic Communications Conference of the International Brotherhood of Teamsters National Pension Plan (GCC-IBT Plan). The GCC-IBT Plan, based in Carol Stream, Illinois, covers 31,715 participants in the printing industry.

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