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PBGC Approves $118.3 Million in Special Financial Assistance for Local 805 Plan
Pension Benefit Guaranty Corporation [PBGC] 
May 4, 2022 "[PBGC] has approved the application submitted to the [SFA] Program by the Local 805 Pension and Retirement Plan. The plan, based in New York City, New York, covers 2,003 participants in the transportation industry.... The plan will receive $118.3 million in SFA, including interest to the expected date of payment to the plan." MORE >> |
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