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What is the responsibility of the Pension Benefit Guaranty Corporation?
Wiki User
∙ 13y ago
If a company defaults on its retirement benefit obligations to its members or their dependents, the PBGC assumes liability.
Wiki User
∙ 13y ago
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When was Pension Benefit Guaranty Corporation created?
Pension Benefit Guaranty Corporation was created in 1974.
What is the budget of Pension Benefit Guaranty Corporation?
The Pension Benefit Guaranty Corporation's budget for fiscal year 2022 is $501 million, which is allocated for its operations including insurance program administration and personnel costs.
What federal agency begins with a p?
Pension Benefit Guaranty Corporation (PBGC) is a federal agency. It begins with the letter P.
Who holds the pension for olsonite retirees?
Contact The Pension Benefit Guaranty Corporation (PBGC) to find out who holds the pension for Olsonite retirees, as they may have taken over the responsibility if the company no longer exists or has trouble fulfilling its obligations. Sometimes, the company's human resources department will also have information on this.
How do I o contact the Pension Guarantee Benefit Corp regarding my pension benefits?
You can contact the Pension Benefit Guaranty Corporation (PBGC) by phone at 1-800-400-7242 or through their website at www.pbgc.gov. Make sure to have information about your pension plan, such as the plan name and employer information, when reaching out to them.
An organizations benefit plans purchase insurance with the WHOM OR WHAT which insures pension moneys in the event that the company goes bankrupt?
The Pension Benefit Guaranty Corporation, or PBGC is responsible for insuring your pension benefits. In most cases, your pension benefit would be insured up to certain limits. For 2009, a 65 year old has a maximum insured benefit of $54,000 annually. So, as long as your pension benefit is equal to, or less than this limit, you'd still have your full pension benefit even if your company goes under or the pension plan terminates.
Who is handling the former Smurfit-Stone pension plan and how do you contact?
The former Smurfit-Stone pension plan is now managed by the Pension Benefit Guaranty Corporation (PBGC) if the company entered bankruptcy. You can contact PBGC through their website or by phone to inquire about the plan and benefits.
How do you get your pension from a defunct company?
If a company is defunct, you may need to contact the Pension Benefit Guaranty Corporation (PBGC), which is a federal agency that insures private sector pensions. They may be able to help you access your pension benefits. You can visit their website or call their customer service line for assistance.
Pension administrator for the defunct Fairchild Republic Co Farmingdale NY 117335 which closed in 1987?
Pension Benefit Guaranty Corporation: http://www.pbgc.gov/wr/trusteed/plans.html
Who do you contact about a pension question you worked for e f Hutton from 1967 to l978?
You can contact the Human Resources department of the company that acquired E. F. Hutton, as ownership of the pension plan may have transferred to them. If E. F. Hutton no longer exists, you may need to reach out to the Pension Benefit Guaranty Corporation (PBGC) for assistance in locating your pension plan.
Which ERISA title contains terms for pension insurance program and contains terms for the pension benefit guarantee corporation?
Title IV of ERISA contains terms for the Pension Benefit Guarantee Corporation (PBGC) which operates the pension insurance program. This title aims to protect the retirement benefits of participants in private defined benefit pension plans.
How do I get started with Delphi Qualified Domestic Relations Order?
DELPHI QDRO Coordinator Pension Benefit Guaranty Corporation P.O. Box 151750. Alexandria, VAGo to the pbgc.gov web site What if I have a divorce order? Click on the below Related Link
