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The maximum monthly guarantee for the multiemployer program is far lower and more complicated ($12,870 a year for a participant with 30 years of credited service). [5] In fiscal year 2022, PBGC added 32 more failed single-employer plans. PBGC's inventory was 5,110 plans, and paid $7.042 billion in benefits to 963,097 retirees in those plans.
[17] [18] As a result, the Government Accountability Office (GAO) removed PBGC from its High-Risk List for the first time since 2003. [19] On July 13, 2022, the Partnership for Public Service rated PBGC number one in "2021 Best Places to Work in the Federal Government" among small agencies. Hartogensis accepted the award on behalf of PBGC. [20]
It does not matter how other sources, however reliable, denote PBGC: This entity has been created under U.S. Code Title 31, subtitle VI, chapter 91 "Government corporations," Sec. 9101 "Definitions," paragraph 3, where PBGC is defined as a wholly owned Government corporation, which is exactly how Wikipedia too should describe the subject of ...
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8888, also known as the Citizens ' Complaint Hotline and the President's Hotline, is a 24/7 national public service hotline operated by the government of the Philippines.It was introduced on August 1, 2016, by President Rodrigo Duterte to allow the public to report poor government front-line service delivery and corrupt practices in all government agencies, government-owned and controlled ...
On February 12, 1998, its area of operation was expanded and its name accordingly changed to Trade and Investment Development Corporation of the Philippines by Republic Act No. 8494. It was re-titled again through an Executive Order 85 on March 18, 2002, to Philippine Export-Import Credit Agency (PhilEXIM).
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Its head office is at F.B. Harrison Street corner 7th Street in Pasay, near EDSA Extension, Philippines. The agency was founded as the Welfare and Training Fund for Overseas Workers through Letter of Instruction No. 537, signed by President Ferdinand Marcos on May 1, 1977.