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PENSION BENEFIT GUARANTY CORP.
The Pension Benefit Guaranty Corp. insures the defined-benefit pensions of 44 million workers and retirees in 31,000 plans. Is this federal agency adequately financed? How does it work? What happens if your pension plan winds up with the PBGC?
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WASHINGTON—The Pension Benefit Guaranty Corp. said Thursday that it will provide financial assistance to two insolvent...
four employee pension plans, which were underfunded by $9.8 billion. The plans ultimately were assumed by the Pension...
Capital Management L.L.C., whom President Barack Obama nominated in November to be the director of the Pension Benefit...
The news was even grimmer than expected. In mid-November the Pension Benefit Guaranty Corp. reported that its deficit...
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U.S. Bankruptcy Court for the Eastern District of Pennsylvania, the hospital lists its two largest creditors as Pension...
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plans of GB Retailers Inc. and Gramex Retail Stores Inc., both subsidiaries of Value City Department Stores L.L.C.
WASHINGTON—The Pension Benefit Guaranty Corp. said Wednesday that it has taken over the underfunded pension plan of...
DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- The Pension Benefit Guaranty Corp. announced an $11.7 million agreement...
DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- The Pension Benefit Guaranty Corp. announced an $11.7 million agreement...
in bankruptcy. The rest of the company's equity will be divided among secured lenders, bondholders and the Pension...
amounts are indexed to Social Security benefits, which will also remain the same in 2010, according to the Pension...
plan insurer. ment Huge losses and lower interest rate assumptions halted four years of improving finances for the...
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DOW JONES NEWSWIRES The Pension Benefit Guaranty Corp. said it would take on the underfunded pension plan covering more...
fiscal year 2009, up from a $11.2 billion deficit in September 2008. But financial problems at the Pension Benefit...
plan by at least $100 million and had over 5,000 workers whose pensions would be affected. The Pension Benefit Guaranty...
unionized federal workers. The union, which added Government Accountability Office analysts last year and employees...
at publicly-traded companies with more than $100 million in unfunded liabilities. Failing pensions deplete the...
he intends to nominate Joshua Gotbaum, an executive at a private equity firm, to be director of the Pension Benefit...
Doug Halonen, Pensions & Investments WASHINGTON—The Pension Benefit Guaranty Corp. will share nonconfidential...
to employers who want to dump billions of dollars of pension liabilities on to insurance schemes. The US Pension...
Top Sources: Pension Benefit Guaranty Corp.
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