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PBGC Approves $295 Million in SFA for Western States Office Pension Plan
Pension Benefit Guaranty Corporation [PBGC] 
May 2, 2023 "[T]he Western States Office and Professional Employees Pension Plan ... based in Portland, Oregon, covers 7,230 participants in the service industry. On October 1, 2018, [the plan] implemented a benefit suspension under [MPRA] ... PBGC's approval of the SFA application enables the plan to restore benefits suspended ... and to make payments to retirees to cover prior benefit suspensions." MORE >> |
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