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Press Room

2022

  • Apr 19

    PBGC Approves Special Financial Assistance Application

    Detroit Newspaper Union Plan Participants’ Benefits to be Restored

    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 Benefit Plan of GCIU Detroit Newspaper Union 13N with Detroit Area Newspaper Publishers (Detroit Newspaper Union Plan). The plan, based in Warren, Michigan, covers 563 participants in the printing industry. 

  • Feb 23

    PBGC Announces Leadership Appointments

    Reorganizes Office of Negotiations and Restructuring

    WASHINGTON, D.C. – The Pension Benefit Guaranty Corporation announced four appointments to its leadership team in the Office of Negotiations & Restructuring (ONR) and the Office of General Counsel. 

  • Jan 19

    PBGC Approves Special Financial Assistance Application

    Road Carriers Local 707 Pension Plan Participants’ Benefits to be Restored

    WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the Special Financial Assistance (SFA) application submitted by the Road Carriers Local 707 Pension Plan (Local 707 Plan). The Local 707 Plan, based in Hempstead, New York, covers 3,804 participants in the transportation industry.

  • Jan 18

    PBGC Approves Special Financial Assistance Application

    WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the plan application for the Bricklayers and Allied Craftworkers Local 5 New York Retirement Fund Pension Plan (Bricklayers Local 5 Plan).

2021

  • Dec 23

    PBGC Approves Special Financial Assistance Application

    WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the plan application for the Idaho Signatory Employers-Laborers Pension Plan (Idaho Signatory) in Portland, Ore. The plan covers 682 participants in the construction industry and will receive $13.9 million in special financial assistance, including interest to the expected date of payment to the plan.

    • statement: 06
  • Jun 17

    PBGC Announces New Chief Policy Officer

    WASHINGTON, D.C. – The Pension Benefit Guaranty Corporation (PBGC) announced the appointment of Ann Orr as Chief Policy Officer.

    "PBGC welcomes Ann back to serve in a new capacity," PBGC Director Gordon Hartogensis said. "She previously served at PBGC from 2011-2019 and brings a wealth of agency knowledge and experience to our mission of protecting the retirement security of millions of Americans."

  • Feb 23

    PBGC Announces New General Counsel Appointment

    WASHINGTON, D.C. – The Pension Benefit Guaranty Corporation (PBGC) announced the appointment of Russell Dempsey as General Counsel.

    “It is my pleasure to welcome Russ to the PBGC team as our new General Counsel,” PBGC Director Gordon Hartogensis said. “His leadership and expertise will help inform and guide our efforts to support the agency’s mission and protect the retirement security of the individuals who rely on us.”

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