Tag: Pension Benefit Guaranty Corporation (PBGC)

Plan sponsors can now submit standard termination filings and coverage determination request forms online.

The guarantees cap the monthly pension it pays if a single employer plans it administers fails. 

The limits will rise slightly next year, as did the insurance premiums earlier this week.

Dhillon was one of 108 nominees confirmed Tuesday night to fill a variety of Department of Labor and other federal...

Consultants share what they see driving their clients’ defined benefit plan decisionmaking.

The clarification makes slight changes to requirements for majority owners that choose to waive their plan benefits.

The changes concern premium rates, due dates and plan termination procedures.

Janet Dhillon, the nominee to serve as director of the PBGC, was approved by the Senate committee in a narrow...

Janet Dhillon was selected to serve as the next director of the Pension Benefit Guaranty Corporation, pending Senate confirmation.

The PBGC approved the funds for the White Plains, New York-based plan that covers 91,744 participants in the hospitality industry.

PBGC okays grants totaling almost $250 million for Laborers Local No. 265, Teamsters Local 734 and the IUOE Upstate NY...

Henderson, on January 12, will succeed Constance Donovan, who retired in August after 11 years.

Premiums for plan years beginning this year will generally be due one month earlier than provided in the PBGC’s payment...

The final rule is effective January 1, 2025.

The Pension Benefit Guaranty Corporation to provide $63.7 million for Graphic Communications International Union Pressroom Unions’ Pension Plan..

The former Rhode Island church plan was underfunded by $88 million and was unable to fund the minimum required pension...

In less than 3 years’ time, the Pension Benefit Guaranty Corporation has awarded $69.5 billion through its Special Financial Assistance...

President-elect Donald Trump will get to nominate a new candidate for the director position.

Support is approved for Teamsters Local 111, Marine Carpenters Fund, UFCW Tri-State Plan and I.B.E.W Pacific Coast Fund.

Money from the Special Financial Assistance Program will help the pension fund, which was projected to become insolvent in 2032.