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CRS Report: The Pension Benefit Guaranty Corporation -- A Primer (PDF)
Congressional Research Service [CRS]
Apr. 3, 2018 24 pages. "In FY2017, PBGC insured nearly 24,000 DB pension plans covering about 40 million people. It paid or owed benefits to 1.5 million people. PBGC is the trustee of 4,845 single-employer plans. PBGC provided financial assistance to 72 multiemployer pensions. PBGC pays a maximum benefit to plan participants. Most workers in single-employer plans taken over by PBGC and multiemploy er plans that receive financial assistance from PBGC receive the full pension benefit that they earned." [Report 95-118, Mar. 20, 2018] MORE >> |
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