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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 ...
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.
PACER (acronym for Public Access to Court Electronic Records) is an electronic public access service for United States federal court documents. It allows authorized users to obtain case and docket information from the United States district courts , United States courts of appeals , and United States bankruptcy courts .
PBGC may initiate proceedings to terminate a single-employer plan if it determines one of the following: The employer has not made its minimum required contributions to the plan. The plan will not be able to pay benefits when due. PBGC's long-term cost can be expected to be unreasonably higher if it does not terminate the plan.
[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]
The central source for information regarding NEFs remains in CM/ECF manuals. [2] [3] [4] [5]For example, the most explicit definition of the power and effect of NEF in the Central District of California, one of the most populous in the U.S., including Los Angeles County, remained in the "Unofficial Manual" of CM/ECF as follows (Rev 07, 2008, page 13): [2]
CM/ECF logo. CM/ECF (Case Management/Electronic Case Files) is the case management and electronic court filing system for most of the United States federal courts. PACER, an acronym for Public Access to Court Electronic Records, is an interface to the same system for public use.
The PBGC is governed by a three-person Board, the Secretaries of Treasury, Commerce, and Labor. In February 2008, the Board adopted a new investment policy presented to it by Millard. The investment policy intended to put 45 percent of the corporation's $55 billion in equities, 45 percent in fixed income assets, and 10 percent in alternative ...