Pension Benefit Guaranty Corporation
The Pension Benefit Guaranty Corporation (PBGC) is a U.S. government agency dedicated to protecting the retirement security of approximately 31 million Americans involved in single-employer and multiemployer pension plans. Established in 1974, PBGC aims to ensure that workers and retirees receive their hard-earned pension benefits while providing high-quality customer support.
PBGC oversees various programs, including the Special Financial Assistance Program for multiemployer pension plans in financial trouble. It also engages with employers and practitioners involved in pension plan administration and offers resources to help manage and navigate pension-related issues.
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