If your defined benefit pension plan ends without sufficient money to pay all benefits, PBGC’s insurance program will pay you the benefit provided by your pension plan up to the limits set by law. Learn more about the benefits PBGC guarantees.
Guaranteed benefits
Find out more about the pension benefits PBGC pays.
When and how PBGC pays benefits
Learn about benefit options and PBGC's payment schedule, including the required start date for receiving benefits.
Working retirement
PBGC has ended its working retirement restriction on when participants are permitted to begin receiving early retirement benefits to which they are entitled under the terms of their pension plans. Retirement-eligible participants in PBGC-trusteed plans can now start to receive their benefit even if they continue working for the sponsor of their plan. If you were working on June 1, 2021, you can choose to start your pension later and receive a back payment covering the month of June 2021 and later months.
Disability benefits
Learn about PBGC's guarantees and eligibility requirements.
Qualified Domestic Relations Orders and PBGC (QDRO)
See information about divorce orders and other court actions.
Health Coverage Tax Credit (HCTC)
See information about the IRS Health Coverage Tax Credit for PBGC participants and others.