401k & Defined Contribution Plan Consultant Planned Retirement Consultant & Administrators, LLC
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Division Vice President, Western Region - Retirement Sales Ascensus
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Head of Money Out Operations (Retirement Industry) Ascensus
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July Business Services
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Sentinel Group
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The Angell Pension Group, Inc.
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Defined Contribution Consultant Loren D. Stark Company
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Gallagher
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Qualified Retirement Plan Reviewer Nova 401(k) Associates
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Retirement Plan Compliance Analyst FuturePlan, by Ascensus
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Press Release PBGC Highlights Commitment to Improving Language Access on Anniversary of Executive Order 13166 |
Issued by PBGC [Pension Benefit Guaranty Corporation] Aug. 12, 2024 |
WASHINGTON, D.C. — As the federal government marks the 24th anniversary of the executive order requiring agencies to provide language services to individuals with limited English proficiency (LEP), the Pension Benefit Guaranty Corporation (PBGC) is using the milestone to highlight how it has improved customer support in this key area. “PBGC remains committed to providing excellent customer service to the workers, retirees and beneficiaries we serve,” said PBGC’s Acting Director Ann Y. Orr. “An important part of achieving that goal is eliminating language barriers so that our customers are able to receive important information about their hard-earned pension benefits.” Since the executive order was signed on Aug. 11, 2000, PBGC has achieved the following:
In the coming year, PBGC will continue to work with its partners on the Federal Language Access Working Group, led by the U.S. Department of Justice’s Civil Rights Division to fulfill the promise of Title VI of the Civil Rights Act of 1964 and Executive Order 13166 to prevent discrimination and ensure equal treatment under the law. About PBGC PBGC protects the retirement security of over 31 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 nearly 1.4 million participants and beneficiaries in failed single-employer 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 and investment income. Special financial assistance for financially troubled multiemployer plans is financed by general taxpayer monies. Press Release Number: 24-026 |
View More Press Releases by PBGC [Pension Benefit Guaranty Corporation]
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