The Pension Benefit Guaranty Corporation approved the application submitted to the Special Financial Assistance Program by the Legacy Plan of the UNITE HERE Retirement Fund, agency announced Wednesday ...
The Pension Benefit Guaranty Corp. has awarded three more struggling multiemployer plans special financial assistance ...
The Pension Benefit Guaranty Corporation approved the application submitted to the Special Financial Assistance program by the Laborers’ International Union of North America Local No. 265 Pension Plan ...
Henderson, who currently serves as senior adviser in the PBGC’s policy and external affairs office, will start her new ...
The Pension Benefit Guaranty Corporation (PBGC) commitment was announced Monday by Stephen F. Del Sesto, the court-appointed receiver for the orphaned St. Joseph’s pension plan. By issuing the ...
The Pension Benefit Guaranty Corporation insures private-sector traditional pension plans and pays out benefits up to certain limits if the plan fails. The PBGC has a database of unclaimed ...
The two Mohawk plans, one for unionized and another for non-unionized employees, have more than 500 participants in total, the PBGC website indicates. The plans have combined assets of $40 million ...
The PBGC has issued a final rule setting the 2025 civil penalties for failure to provide certain notices, other material information, and certain multiemployer plan notices. The Pension Benefit ...
If you have a defined benefit pension with your company, it may be insured by the Pension Benefit Guaranty Corporation, which covers certain pension plans. Along with pension payments, the PBGC ...
Pensions of Mohawk Fine Papers in Cohoes, terminated by the company in February, were taken over in mid-November by the ...
Follow these guidelines when navigating the potential bankruptcy of your pension provider: Understand the Pension Benefit Guaranty Corporation. Find out if your pension is insured. Check on basic ...
The PBGC Board of Directors selected Henderson as the agency’s Participant and Plan Sponsor Advocate, whose appointment becomes effective on Jan. 12. She replaces Constance Donovan, who retired in ...