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The Pension Benefit Guaranty Corporation (PBGC) is a United States federally chartered corporation created by the Employee Retirement Income Security Act of 1974 (ERISA) to encourage the continuation and maintenance of voluntary private defined benefit pension plans, provide timely and uninterrupted payment of pension benefits, and keep pension insurance premiums at the lowest level necessary ...
Pages in category "Pension Benefit Guaranty Corporation" The following 10 pages are in this category, out of 10 total. ... Joint Board for the Enrollment of Actuaries; K.
Title IV created the Pension Benefit Guaranty Corporation (PBGC) to insure benefits of participants in underfunded terminated plans. It also describes the procedures that a pension plan must follow to terminate itself, and for the PBGC to initiate an involuntary termination.
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The Pension Benefit Guaranty Corporation (PBGC) is a federal corporation created under the Employee Retirement Income Security Act of 1974. It currently guarantees payment of basic pension benefits earned by 44 million American workers and retirees participating in over 29,000 private-sector defined benefit pension plans.
Gordon Hartogensis (born June 17, 1970) is an American businessman, investor, and government official who served as the Director of the Pension Benefit Guaranty Corporation (PBGC) from 2019 to 2024. [1] [2]
Previously, he was the CEO of the Pension Benefit Guaranty Corp., a federally chartered corporation that insures the defined-benefit plans of private employers, overseeing a $60 billion investment portfolio. Belt has extensive experience in executive management, operations, finance and policy development in the private, public and nonprofit ...
Charter member and former President of the American College of Employee Benefit Counsel and served on its Board of Governors from 2000-2008; Former member and former co-chair of the Advisory Board of the BNA Pension & Benefits Reporter; Former member of the Advisory Committee of the Pension Benefit Guaranty Corporation