The Pension Benefit Guaranty Corporation (PBGC) announced it has assumed responsibility for the underfunded pension plan covering more than 740 former workers and retirees of Blumenthal Print Works ...

“If your company goes bankrupt, you’re likely to get at least part of your pension,” said Rhett Stubbendeck, CEO of Leverage ...

The Pension Benefit Guaranty Corp. disclosed Monday that employers will be required to report to the agency offers they make to plan participants to convert their monthly annuity to a cash lump-sum ...

The Pension Benefit Guaranty Corporation announced Wednesday that it will provide a $23.6 million special financial assistance grant to the Midwestern Teamsters Pension Fund. The plan, based in Oak ...

If your pension has been turned over to an insurance company, it’s very important to keep track of any letters or other information that you receive about the benefit so that ...

The Pension Benefit Guaranty Corporation has long held that once a pension is converted to an annuity, federal protections no longer apply. But that wasn’t always the case. In fact, the law firm Ivins ...

The health of the Pension Benefit Guaranty Corp.'s single-employer and multiemployer pension programs improved once again, as both posted net positive positions in the latest fiscal year, according to ...

The Pension Benefit Guaranty Corporation (PBGC) recently announced a tripling of its deficit from $11 billion to $33 billion. This is a striking increase, especially over six months, and is ...

The Pension Benefit Guaranty Corporation responded to a subpoena from a House committee addressing the repayment of a Special Financial Assistance Program overpayment to a multiemployer pension fund, ...