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Press Room

2022

  • 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.

  • 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

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