Pension Benefit Guaranty Corporation
The Pension Benefit Guaranty Corporation is a federal agency based in Washington, DC that protects the retirement incomes of millions of American workers and retirees. It operates as a safety net for private-sector pension plans, stepping in to ensure that participants receive their promised benefits even if their employer's plan fails.
With a focus on financial stability and security, the Pension Benefit Guaranty Corporation plays a crucial role in safeguarding the retirement savings of individuals across the country. Through its regulatory and insurance functions, the agency works to uphold the integrity of the private pension system and provide peace of mind to workers and retirees.
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