Pension Benefit Guaranty Corp
The Pension Benefit Guaranty Corporation (PBGC) is a United States government agency dedicated to protecting the retirement benefits of workers and retirees in defined benefit pension plans. Through its various programs, PBGC ensures that participants receive their promised benefits even if their pension plans fail.
Established to provide insurance coverage for private sector pension plans, PBGC plays a crucial role in the financial security of millions of American workers. The agency operates under a mission to maintain the integrity of pension plans while offering support and resources to employers and practitioners involved in pension management.
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