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Agency

Pension Benefit Guaranty Corporation

The Pension Benefit Guaranty Corporation protects the pension benefits of nearly 44 million Americans who participate in defined-benefit
pension plans sponsored by private-sector employees.

The Pension Benefit Guaranty Corporation (PBGC) is a self-financing, wholly owned Government corporation subject to the Government
Corporation Control Act (31 U.S.C. 9101-9109). The Corporation, established by title IV of the Employee Retirement Income Security Act
of 1974 (29 U.S.C. 1301-1461), operates in accordance with policies established by its Board of Directors, which consists of the Secretaries
of Labor, Commerce, and the Treasury. The Secretary of Labor is Chairman of the Board. A seven-member Advisory Committee, composed of two labor, two business, and three public members appointed by the President, advises the agency on investment issues.

Listing ofSignificant Documents

Showing 1-5 of 50 results since 1994. View 45 more results.

  • Mergers and Transfers Between Multiemployer Plans

    PBGC is issuing a final rule amending its regulation on Mergers and Transfers Between Multiemployer Plans to implement procedures and information requirements for a request for a facilitated merger. This final rule also reorganizes and updates provisions in the existing regulation.

  • Owner-Participant Changes to Guaranteed Benefits and Asset Allocation

    The Pension Benefit Guaranty Corporation (PBGC) proposes to amend its regulations on guaranteed benefits and asset allocation. These amendments would incorporate statutory changes to the rules for participants with certain ownership interests in a plan sponsor. PBGC seeks public comment on its proposal.

  • Missing Participants

    The Pension Benefit Guaranty Corporation (PBGC) administers a program to hold retirement benefits for missing participants and beneficiaries in terminated retirement plans and to help those participants and beneficiaries find and receive the benefits being held for them. The existing program is limited to single-employer defined benefit pension...

  • Adjustment of Civil Penalties

    The Pension Benefit Guaranty Corporation is required to amend its regulations annually to adjust the penalties provided for in sections 4071 and 4302 of the Employee Retirement Income Security Act of 1974. This action is being taken in accordance with the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015 and Office of...

  • Missing Participants

    The Pension Benefit Guaranty Corporation (PBGC) administers a program to hold retirement benefits for missing participants and beneficiaries in terminated retirement plans and to help those participants and beneficiaries find and receive the benefits being held for them. The program is currently limited to single-employer defined benefit pension...

Listing ofRecently Published Documents

Showing 1-10 of 1056 results since 1994. View 1046 more results.