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CRS Report: Pension Benefit Guaranty Corporation, A Primer (PDF)
Congressional Research Service [CRS]
Feb. 8, 2023 30 pages. "At the end of FY2022, 963,097 participants were receiving monthly benefits in the single-employer program, and 5,031 single-employer pension plans were trusteed or pending trusteeship. PBGC paid $7.1 billion in benefits to participants in the single-employer program in FY2022. In the multiemployer program, 115 plans received $217 million in financial assistance in FY2022.... At the end of FY2022, PBGC had a total surplus of $37.7 billion, which consisted of a $36.6 billion surplus from the single-employer program and a $1.1 billion surplus from the multiemployer program." MORE >> |
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