Beginning May 7, 2018, PBGC will issue trusteeship letters to plan participants who receive monthly payments from the Avaya Inc Pension Plan for Salaried Employees. Trusteeship letters for plan participants who are not yet receiving payments will be mailed around the 4th week of May, 2018.
MyPBA is PBGC’s secure Web site that allows participants in PBGC-trusteed plans to complete many transactions online. PBGC is improving the functionality and performance of MyPBA. While this work is underway, users cannot create new MyPBA logins online. If you want to set up a new MyPBA login and have received a trusteeship letter, please call the Customer Contact Center 1-800-400-7242. Please do not contact the Customer Contact Center before you have received a trusteeship letter. TTY/ASCII users call the federal relay service at 1-800-877-8339 and ask to be connected to 1-800-400-7242.
In August 2017, PBGC, Avaya, and its First Lien Lenders reached an agreement settling PBGC’s claims with respect to Avaya’s anticipated termination of the Avaya Salaried Plan and providing protections for the Avaya Hourly Plan, which will remain ongoing. Avaya filed an amended plan of reorganization on October 24, 2017, which included minor adjustments to the prior settlement.
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Participants in PBGC-trusteed plans can use PBGC's fast, free, and secure online service tool to apply for pension benefits, update contact information, adjust federal income tax withholding, and more. Learn how!