PBGC Reaches Funding Agreement with Whirlpool
January 5, 2010 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) has announced an $11.7-million agreement with appliance maker Whirlpool...
Tag: Pension Benefit Guaranty Corporation (PBGC)
PBGC Premiums Can be Filed Electronically
January 5, 2010 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) said both Estimated Flat-rate premium filings and Comprehensive filings...
PBGC Seizes Plan from Cigarette Lighter Maker
December 30, 2009 (PLANSPONSOR.com) – The nation’s private-sector pension insurer is taking over the underfunded pension program for more than...
PBGC to Take on PTC Alliance Corp. Pension Plan
December 28, 2009 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) is moving to assume responsibility for the underfunded pension...
Judge Says PBGC Must Prove Delphi Plan Properly Terminated
December 23, 2009 (PLANSPONSOR.com) – A federal judge had told the Pension Benefit Guaranty Corporation (PBGC) it must prove it...
PBGC Urges Visteon to Keep Pension Plans
December 21, 2009 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) announced that Visteon Corp. has proposed handing over three...
High Court Lets Stand Decision on Discharging PBGC Termination Premiums
December 15, 2009 (PLANSPONSOR.com) - The U.S. Supreme Court has denied review of a federal appeals court's ruling that Oneida...
PBGC Takes Wheel Maker DB Plan
November 30, 2009 (PLANSPONSOR.com) – The nation’s private-sector pension insurer on Monday announced plans to take over a 54%-funded pension...
Congress Focuses on Delphi Bankruptcy’s Impact on Workers, Retirees
November 27, 2009 (PLANSPONSOR.com) - The U.S. House Education and Labor Committee will conduct a hearing next Wednesday...
GAO Report Examines Executive Comp Practices at Firms with Underfunded Pensions
November 20, 2009 (PLANSPONSOR.com) – A new report from the Government Accountability Office (GAO) has some legislators talking...
PBGC Unveils USERRA Final Rule
November 16, 2009 (PLANSPONSOR.com) – The nation’s private-sector pension insurer on Monday unveiled a final rule making it easier...
PBGC Deficit Back to 2005 Level
November 13, 2009 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) ended fiscal year 2009 with an overall deficit of...
White House Expects to Name New PBGC Head
November 10, 2009 (PLANSPONSOR.com) - Joshua Gotbaum, an operating partner at private equity firm Blue Wolf Capital, is expected to...
PBGC and UK Pension Bodies Agree to Share
November 5, 2009 (PLANSPONSOR.com) - A new agreement between the Pension Benefit Guaranty Corp. (PBGC) and the United Kingdom's Pensions...
Funding Relief, PBGC Improvements Called for in HELP Committee Hearing
October 29, 2009 (PLANSPONSOR.com) - In testimony Thursday before the U.S. Senate Committee on Health, Education, Labor and Pensions (HELP),...
PBGC 2010 Limits Stay Level with 2009
October 27, 2009 (PLANSPONSOR.com - The Pension Benefit Guaranty Corporation (PBGC) announced Tuesday that its maximum insurance benefit for 2010...
PBGC Annual Charge Ticks up in 2010
October 19, 2009 (PLANSPONSOR.com) - Defined benefit sponsors will see their per-participant insurance premiums to the Pension Benefit Guaranty Corp....
PBGC Objects to Philadelphia Newspapers' Bankruptcy Exit Plan
September 28, 2009 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation is objecting to Philadelphia Newspapers LLC's plan for restructuring after...
Apparel Maker Agrees to Bolster Pension Plan
September 24, 2009 (PLANSPONSOR.com) - The nation's private-sector pension insurer has announced an agreement with a North Carolina apparel maker...
PBGC Sued by Delphi Retirees
September 15, 2009 (PLANSPONSOR.com) - A group of Delphi Corp. salaried retirees filed a lawsuit September 14 against the Pension...