Pension Benefit Guaranty Corp

7th St SW
Washington, DC 20024

The Pension Benefit Guaranty Corporation (PBGC) is a federal agency based in Washington, DC. It was established to protect the retirement incomes of workers in private-sector defined benefit pension plans.

PBGC operates a pension insurance program that pays benefits to participants in failed pension plans when employers are unable to fulfill their obligations. The agency also works to encourage the continuation and maintenance of defined benefit pension plans for American workers.

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