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Pension Benefit Guaranty Corporation (PBGC): A Primer (PDF)
Congressional Research Service [CRS]
[Guidance Overview] Mar. 25, 2019 25 pages. "In FY2018, PBGC insured about 25,000 DB pension plans covering approximately 37 million people. PBGC became the trustee of 58 newly terminated single-employer pension plans and began providing financial assistance to an additional 6 multiemployer pension plans.... At the end of FY2018, PBGC had a total deficit of $51.4 billion, which consisted of a $2.4 billion surplus from the single-employer program and a $53.9 billion deficit from the multiemployer program." [CRS 95-118, updated Mar. 21, 2019] MORE >> |
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