Us Pension Benefit Guarantee

The Pension Benefit Guaranty Corporation (PBGC) is a U.S. government agency dedicated to protecting the retirement security of approximately 31 million Americans enrolled in single-employer and multiemployer pension plans. Established in 1974, PBGC aims to ensure that workers and retirees receive their hard-earned pension benefits through effective support and oversight.

PBGC offers various programs and services, including assistance for both workers and employers managing pension plans. The agency also administers special financial assistance programs to support financially troubled multiemployer pension plans, striving to avert insolvency and benefit reductions for affected participants.

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