Press Release

PBGC Rated Among Best Places to Work in Federal Government

Issued by PBGC [Pension Benefit Guaranty Corporation]

Apr. 13, 2023

Office of Negotiations & Restructuring Ranked No.1 Across Government Subcomponents Category

WASHINGTON, D.C. — The Pension Benefit Guaranty Corporation (PBGC) was recognized for its No. 2 ranking in the small agency category of the 2022 Best Places to Work in the Federal Government during an April 12 ceremony at the National Press Club.

PBGC was also featured in the Washington Post’s Top Workplaces spotlight — A small federal agency not only solved its own deficit problem but saved the pensions of thousands of workers during the pandemic.

“This recognition is an honor to be shared by everyone at PBGC,” said PBGC Director Gordon Hartogensis. “It is a testament to PBGC’s dedication and commitment to our mission to protect the retirement security of millions of America’s workers and retirees.”

Additionally, PBGC landed three spots in the Top 10 Government Subcomponents Category. PBGC’s Office of Negotiations and Restructuring ranked No. 1 of 432 agency subcomponents. The Office of Benefits Administration and the Office of Information Technology ranked No. 7 and 8, respectively.

“I continue to be impressed and inspired by the level of dedication, talent, and expertise displayed by our workforce,” Hartogensis said. “Congratulations to our employees who consistently show that they are among the best public servants in the federal government.”

PBGC also rated first among small agencies in the following eight categories:

• Effective Leadership
• Empowerment
• Teamwork
• Innovation
• Work-Life Balance
• Diversity, Equity, Inclusion, and Accessibility Inclusion
• Recognition
• Performance: Transparency

The 2022 Best Places to Work is part of a comprehensive analysis and ranking conducted by the nonpartisan, nonprofit Partnership for Public Service and Boston Consulting Group.

About PBGC

PBGC protects the retirement security of over 33 million American workers, retirees, and beneficiaries in both single-employer and multiemployer private sector pension plans. The agency’s two insurance programs are legally separate and operationally and financially independent. PBGC is directly responsible for the benefits of more than 1.5 million participants and beneficiaries in failed pension plans. The Single-Employer Program is financed by insurance premiums, investment income, and assets and recoveries from failed single-employer plans. The Multiemployer Program is financed by insurance premiums. Special financial assistance for financially troubled multiemployer plans is financed by general taxpayer monies.

Press Release Number:

23-018

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