Official site for agency that protects the pensions of workers and retirees in private employers' defined benefit retirement plans. Information on agency programs, updates of current activities, forms, retirement planning guidance, and publications. [Description from dmoz]
Underfunded pension plans give PBGC the heebie-jeebies. The Pension Benefit Guaranty Corporation, or PBGC-- itself operating at a multi-billion-dollar deficit -- was set up to promote the growth of defined-benefit pension plans, provide payment of retirement benefits, and keep pension premiums as low as possible. The government agency protects the pensions of more than 34 million workers and monitors employers to ensure that plans are adequately funded. The agency receives no tax funds; its income is generated by insurance premiums paid by employers, investments, and assets recovered from terminated plans. The corporation was created by the Employee Retirement Income Security Act of 1974. [Description from Hoover's]
This site reaches approximately 93,038 U.S. monthly people.The typical visitor uses intelius.com.
Audience Also Likes