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PBGC Approves $227 Million Additional SFA for Graphic Communications Plan
Pension Benefit Guaranty Corporation [PBGC] Dec. 12, 2022 "[PBGC] has approved the supplemented application submitted ... by the Graphic Communications Conference of the International Brotherhood of Teamsters National Pension Plan. The plan, based in Carol Stream, Illinois, covers 31,715 participants in the printing industry.... The Graphic Communications Plan will receive approximately $227.1 million in supplemented SFA, which is in addition to $1.29 billion in SFA approved for the plan by PBGC in April 2022 under the interim final rule." |
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