PBGC Takes on Indalex Pension Plans
March 29, 2010 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) has assumed responsibility for four underfunded pension plans covering...
Tag: PBGC
PBGC Reaches Agreement on Pension with Auto Parts Maker
March 24, 2010 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) reached an agreement with BorgWarner, Inc., to strengthen the...
PBGC Takes over Pension for Vehicle Assembler
March 3, 2010 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) announced it will take responsibility for the underfunded pension...
PBGC Demands $16.9M from Bendix
February 4, 2010 (PLANSPONSOR.com) – The nation’s private-sector pension insurer said Thursday it had notified Bendix Commercial Vehicle Systems LLC...
PBGC Assists Multiemployer Plans for Construction, Food Service Workers
January 28, 2010 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) announced it has begun to give financial assistance to...
Gotbaum Admits PBGC a Tough Job
January 20, 2010 (PLANSPONSOR.com) – The man nominated by President Barack Obama as director of the nation’s private-sector pension insurer...
Gotbaum Set to Begin PBGC Director Confirmation Process
January 15, 2010 (PLANSPONSOR.com)–A U.S. Senate committee has scheduled a January 20 hearing on the Obama Administration’s nomination of Joshua...
PBGC Takes Chicago Clothing Manufacturer's Plan
January 11, 2010 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corp. (PBGC) has assumed responsibility for the underfunded pension plan covering...
PBGC Assumes Pensions of Illinois Trucking Company
January 8, 2010 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) has assumed responsibility for three underfunded pension plans covering...
PBGC Takes Value City Subsidiaries' Plans
January 8, 2010 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) has assumed responsibility for two underfunded pension plans covering...
PBGC Takes Over Eddie Bauer Pension Plan
January 6, 2010 (PLANSPONSOR.com) – The nation’s private-sector pension insurer has taken over the underfunded pension plan for more than...
PBGC Reaches Funding Agreement with Whirlpool
January 5, 2010 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) has announced an $11.7-million agreement with appliance maker Whirlpool...
PBGC Premiums Can be Filed Electronically
January 5, 2010 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) said both Estimated Flat-rate premium filings and Comprehensive filings...
PBGC Seizes Plan from Cigarette Lighter Maker
December 30, 2009 (PLANSPONSOR.com) – The nation’s private-sector pension insurer is taking over the underfunded pension program for more than...
PBGC to Take on PTC Alliance Corp. Pension Plan
December 28, 2009 (PLANSPONSOR.com) - The Pension Benefit Guaranty Corporation (PBGC) is moving to assume responsibility for the underfunded pension...
Judge Says PBGC Must Prove Delphi Plan Properly Terminated
December 23, 2009 (PLANSPONSOR.com) – A federal judge had told the Pension Benefit Guaranty Corporation (PBGC) it must prove it...
PBGC Urges Visteon to Keep Pension Plans
December 21, 2009 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) announced that Visteon Corp. has proposed handing over three...
High Court Lets Stand Decision on Discharging PBGC Termination Premiums
December 15, 2009 (PLANSPONSOR.com) - The U.S. Supreme Court has denied review of a federal appeals court's ruling that Oneida...
PBGC Takes Wheel Maker DB Plan
November 30, 2009 (PLANSPONSOR.com) – The nation’s private-sector pension insurer on Monday announced plans to take over a 54%-funded pension...
Congress Focuses on Delphi Bankruptcy’s Impact on Workers, Retirees
November 27, 2009 (PLANSPONSOR.com) - The U.S. House Education and Labor Committee will conduct a hearing next Wednesday...