The White House on Jan. 29 rescinded the OMB memo concerning the sweeping federal funding freeze announced just two days before. It is possible that the PBGC's Special Financial Assistance Program ...

Joseph’s Health Services in Rhode Island. The Pension Benefit Guaranty Corporation (PBGC) commitment was announced Monday by Stephen F. Del Sesto, the court-appointed receiver for the orphaned St.

Maybe not - and that's a major drawback. PBGC payouts have a maximum monthly limit. If your expected benefit was above that amount, you're out of luck. In 2016, the monthly max is $5,011.36 for a ...

The Pension Benefit Guaranty Corp ... 15 announcement from the PBGC. UNITE HERE is a labor union with members in the U.S. and Canada working in the hotel, casino, airports, food service, textile ...

The Pension Benefit Guaranty Corp ... approximately $99.7 million in special financial assistance, or SFA, the PBGC announced Jan. 13. The Local 734 Plan was projected to become insolvent and ...

If you have a defined benefit pension with your company, it may be insured by the Pension Benefit Guaranty Corporation, which covers certain pension plans. Along with pension payments, the PBGC ...

“Salaried and other workers without union contracts got diminished pension benefits due to PBGC benefit caps. . . . “In an executive order signed Thursday, President Donald Trump directed the ...

For plans ended this year, PBGC maximum monthly benefit are $2,094 for 55-year-old workers and $4,653 for 65-year-olds. If you run into trouble collecting your pension from a former employer ...

Federal legislation to protect workers’ retirement savings was signed into law in 1974: the Employee Retirement Income ...

The Pension Benefit Guaranty Corporation insures private-sector traditional pension plans and pays out benefits up to certain limits if the plan fails. The PBGC has a database of unclaimed ...

According to The Heritage Foundation, the Pension Benefit Guaranty Corp. (PBGC), which is similar to the FDIC, found that for a promised benefit of $24,000 a year, they are insured only up to $12,870.