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This page has not been translated. Please go to PBGC.gov's Spanish home page for more information available in Spanish.

Esta página no ha sido traducida. Por favor vaya a la página principal del sitio de español de PBGC para ver información disponible en español.

Press Room

2022

  • Dec 7

    Statement on PBGC OIG Risk Advisory on Special Financial Assistance Final Rule

    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.

    • statement: 07
  • Oct 25

    PBGC Industry Day for Upcoming Smaller Asset Manager Program Solicitation

    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.  

  • Oct 6

    PBGC Approves SFA Application for Sheet Metal Workers Plan

    Sheet Metal Workers Plan to Receive Special Financial Assistance

    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.

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