This retirement lifeguard has the funding to continue saving pension plans Reviewed by Marguerita Cheng The Pension Benefit Guaranty Corporation (PBGC) is a safety net for private-sector defined ...

President Donald Trump‘s nominee to manage the federal government’s private-sector pension insurer faces pressure from ...

President Donald Trump on Tuesday nominated Janet Dhillon, formerly the chair of the U.S. Equal Employment Opportunity ...

President Donald Trump has nominated Janet Dhillon to lead the Pension Benefit Guaranty Corp. Dhillon, who served as chair of ...

Janet Dhillon was nominated to serve as the next Director of the Pension Benefit Guaranty Corporation (PBGC). She previously had served as Chair of the U.S. Equal Employment Opportunity Commission.

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 ...

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 ...

“Generally, when a pension is moved to the pension benefit guaranty corporation [PBGC], you lose any cash value and only have access to the government guaranteed monthly payout. This generally ...

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.

In addition, most companies insure their pension plans via the Pension Benefit Guarantee Corporation (PBGC), which guarantees payments to pension holders. 401(k)s also come with risks, similar to ...