No Criminal Charges in Millard PBGC Probe
June 3, 2010 (PLANSPONSOR.com) – An investigation by the Inspector General of the Pension Benefit Guaranty Corporation (PBGC) into illegal...
Tag: Pension Benefit Guaranty Corporation (PBGC)
PBGC Divides Pension Plan to Delay Solvency
May 26, 2010 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) announced the Chicago Truck Drivers, Helpers & Warehouse Workers...
PBGC Lends Help to Two Multiemployer Pension Plans
May 25, 2010 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) has begun to send financial assistance to two insolvent...
Gotbaum Gets Senate HELP Panel Nod for PBGC Post
May 6, 2010 (PLANSPONSOR.com) – A U.S. Senate committee has approved the nomination of Joshua Gotbaum, President Barack Obama’s nominee...
PBGC Takes Auto Parts Firm’s Plans
May 5, 2010 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) has assumed responsibility for two underfunded pension plans covering...
Risk Models Help PBGC ‘Understand What’s Out There’
May 4, 2010 (PLANSPONSOR.com) – Statistical risk modeling simulations by the nation’s private sector pension insurer show its multiemployer plan...
Supermarket Chain Agrees to PBGC Pension Funding Deal
May 3, 2010 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) on Monday announced a $17.5-million funding agreement to bolster...
PBGC Takes Over Alabama Bank Pension Plan
April 30, 2010 (PLANSPONSOR.com) – The nation’s private sector pension insurer has taken over an underfunded pension program from a...
Gotbaum PBGC Nomination Up for Wednesday Vote
April 26, 2010 (PLANSPONSOR.com) – President Obama’s nomination of Joshua Gotbaum as director of the Pension Benefit Guaranty Corporation (PBGC)...
PBGC Takes on Indalex Pension Plans
March 29, 2010 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) has assumed responsibility for four underfunded pension plans covering...
PBGC Reaches Agreement on Pension with Auto Parts Maker
March 24, 2010 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) reached an agreement with BorgWarner, Inc., to strengthen the...
PBGC Takes over Pension for Vehicle Assembler
March 3, 2010 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) announced it will take responsibility for the underfunded pension...
PBGC Demands $16.9M from Bendix
February 4, 2010 (PLANSPONSOR.com) – The nation’s private-sector pension insurer said Thursday it had notified Bendix Commercial Vehicle Systems LLC...
PBGC Assists Multiemployer Plans for Construction, Food Service Workers
January 28, 2010 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) announced it has begun to give financial assistance to...
Gotbaum Admits PBGC a Tough Job
January 20, 2010 (PLANSPONSOR.com) – The man nominated by President Barack Obama as director of the nation’s private-sector pension insurer...
Gotbaum Set to Begin PBGC Director Confirmation Process
January 15, 2010 (PLANSPONSOR.com)–A U.S. Senate committee has scheduled a January 20 hearing on the Obama Administration’s nomination of Joshua...
PBGC Takes Chicago Clothing Manufacturer's Plan
January 11, 2010 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corp. (PBGC) has assumed responsibility for the underfunded pension plan covering...
PBGC Assumes Pensions of Illinois Trucking Company
January 8, 2010 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) has assumed responsibility for three underfunded pension plans covering...
PBGC Takes Value City Subsidiaries' Plans
January 8, 2010 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) has assumed responsibility for two underfunded pension plans covering...
PBGC Takes Over Eddie Bauer Pension Plan
January 6, 2010 (PLANSPONSOR.com) – The nation’s private-sector pension insurer has taken over the underfunded pension plan for more than...