When and How PBGC Pays Benefits x27720 Please choose the category that applies to you. Not yet receiving benefits Already receiving benefits Information for executors or estate administrators Your PBGC Benefit Options FAQs Your PBGC Benefit Options FAQsPBGC pays benefits in a variety of ways. Learn about the benefit options available to you if you are not yet receiving benefits when PBGC takes over your plan. PBGC Payment Dates PBGC Payment DatesSee when PBGC will be paying benefits by Electronic Direct Deposit (EDD) or by check for the current and future years. ShareShare Text Resize -A A +A Contact UsVisit our Contact Us page for more information.