In turn, around 40 million American workers have insurance protection for their pension earnings. An eligible Pension Benefit Guaranty Corporation payee; The family member of an eligible TAA, ATAA, or RTAA recipient or PBGC pension payee who is Medicare eligible, deceased, or who finalized a divorce with you. The Pension Benefit Guaranty Corporation insures and guarantees private sector workers' pensions. Here is the strategic goals and results of the 153- … Agency Details Acronym: PBGC. PBGC supports an open government by providing data and information that enhance transparency and encourage participation and collaboration. Pension Benefit Guaranty Corporation, Multiemployer Study Required by P. L. 95-214, pp. At PBGC, you will use your skills in law, accounting, auditing, business, finance, actuarial science, or information technology and more, to protect the retirement income of nearly 40 million hardworking Americans. The Pension Benefit Guaranty Corporation (PBGC) has a distinguished and important mission in protecting America’s pensions. The solution: The Pension Benefit Guaranty Corporation (PBGC), which was founded in 1974 and protects retirees if a pension plan becomes insolvent. We see that you have visited MyPBA before, would you like to be directed to this site. A .gov website belongs to an official government organization in the United States. Not eligible for the HCTC if they: Can be claimed as a dependent on another person’s federal income tax return; or, IV. This index provides descriptive entries and Federal Register page numbers for documents published by Pension Benefit Guaranty Corporation in the daily Federal Register. Inauguration of the President of the United States. PBGC OIG 2020 Inspection & Evaluation Peer Review Results PBGC’s Fiscal Year (FY) 2020 Compliance with the Payment Integrity Information Act of 2019 (PIIA) Audit of Pension Benefit Guaranty Corporation's Limited Purpose Financial Statements for Fiscal Year 2020 (AUD-2021-03), issued December 9, 2020 PBGC expended a total of $56,980 for 16 complaint investigations, for an average expenditure of $3,561. Email: mypension@pbgc.gov Phone Number: 1-202-326-4000 As of 2019, the PBGC covers more than 26,000 individual pension plans. The Pension Benefit Guaranty Corporation (PBGC) is a self-financing government corporation that insures the pensions of 44 million workers in more than 27,000 private sector defined benefit pension plans. ) or https:// means you’ve safely connected to the .gov website. A new report from the Pension Benefit Guaranty Corporation (PBGC) shows that the private union pension crisis is only getting worse, and now Congress is poised to make it worse still. 96-97 (1978) (PBGC Report). PBGC's average processing time for all complaint closures increased from 285 days in FY 2008 to 374 days in FY 2009. The government-wide average was 344 days. It was created to Pension Benefit Guaranty Corporation. 237, 29 U.S.C. Benefit payments distributed through direct deposit are typically deposited early when first of the month falls on a weekend or federal holiday. He was sworn in as Director on May 15, 2019. Green Cards and Permanent Residence in the U.S. U.S. Passport Fees, Facilities or Problems, Congressional, State, and Local Elections, Find My State or Local Election Office Website. 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