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Pension Benefit Guaranty Corporation
The Pension Benefit Guaranty Corporation (or PBGC) is an independent agency of the United States government that was created by the Employee Retirement Income Security Act of 1974 (ERISA) to encourage the continuation and maintenance of voluntary private defined benefit pension plans, provide timely and uninterrupted payment of pension benefits, and keep pension insurance premiums at the lowest level necessary to carry out its operations. Subject to other statutory limitations, the PBGC insurance program pays pension benefits up to the maximum guaranteed benefit set by law to participants who retire at age 65. The benefits payable to insured retirees who start their benefits at ages other than 65, or who elect survivor coverage, are adjusted to be equivalent in value.
Pension Benefit Guaranty Corporation Deficit Increases
From Eric Lipton at the NY Times: Bankruptcies Swell Deficit at Pension Agency to $33.5 Billion The deficit at the federal agency that guarantees pensions for 44 million Americans more than doubled in the last six months to a record high, reaching $33...
Opening: Librarian (Business/Legal), Pension Benefit Guaranty Corporation
This job posting closes April 8, 2008 Position Level: GS 11/12 Position Reports To: Judith M. Weiss, Library Manager Partial listing of job duties: Provides comprehensive reference, research and instructional services to individuals and groups within PBGC...
Chairman Miller Cites Contempt Case to Pension Benefit Guaranty Corporation
From the Education and Labor Committee:
Bush Administration Snubs Another Congressional Committee Subpoena
Pension Benefit Guaranty Corporation declines production of long overdue report of agency?s management and governance practices
WASHINGTON ? U...
Pension Benefit Guaranty Corporation's New Policy
Along with discussion of Bear Stearns, the WSJ's opinion page has a helpful discussion of another moral hazard problem: the Pension Benefit Guaranty Corporation...
Bair: "Bank Bailout NOT a good thing"; Pension Benefit Guaranty Corp (PBGC) Bailout Coming
David Stevens: "Bailout is a term widely used with financial institutions. FHA is a government agency so let's just be clear...
Pension Fund to Benefit from Jackson's Death
There's good news for Dutch pension fund ABP, which owns the rights to some of Michael Jackson's songs. According to the Telegraph, "Jackson's solo album sales in the United States jumped from 10,000 copies in the week before his death...
I have worked for this employer for only three weeks. The employer makes up his own rules as to what he chooses to report for the purpose of property taxes. He tells me to "let them come after us". He defines Entertain
He arrogantly insists, "let them come after us." Well, if you are invo...
My father recently re-financed his home and was told they would give him $8,000.00 out of their loan origination fees for him to pay his credit cards off. He didn't qualify for any cash out so they were going to take car
Absolutely! I would call a RESPA attorney immediately as soon as you can. They a...
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You would have to contact the US copyright office for clarification on what laws...
My husband went to maryland to visit his son he stayed for 11/2 mths became very ill.I came doen from NYC tro bring him home and was told by the hospital that his son his power of attorney to make all decisions health an
Get in touch with a lawyer ASAP. What he's done is illegal, and if you'...
Can your federal government pension and your social security pension be garnished by a private party in a negligence lawsuit?
Under the Social Security Administrative Wage Garnishment Act itis my understand...
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I have worked for this employer for only three weeks. The employer makes up his own rules as to what he chooses to report for the purpose of property taxes. He tells me to "let them come after us". He defines Entertain
He arrogantly insists, "let them come after us." Well, if you are invo...
My father recently re-financed his home and was told they would give him $8,000.00 out of their loan origination fees for him to pay his credit cards off. He didn't qualify for any cash out so they were going to take car
Absolutely! I would call a RESPA attorney immediately as soon as you can. They a...
To whom it may concern: I need your help please I am having problems with MySpace and they refuse to answer me. They have used my company name for their benefit. My company name is Match Made 4 U. I have been under this
You would have to contact the US copyright office for clarification on what laws...
My husband went to maryland to visit his son he stayed for 11/2 mths became very ill.I came doen from NYC tro bring him home and was told by the hospital that his son his power of attorney to make all decisions health an
Get in touch with a lawyer ASAP. What he's done is illegal, and if you'...
Can your federal government pension and your social security pension be garnished by a private party in a negligence lawsuit?
Under the Social Security Administrative Wage Garnishment Act itis my understand...
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