The Pension Benefit Guaranty Corporation (PBGC) insures most private sector (i.e., non-governmental) defined benefit pension plans. The Plan Administrator of each pension plan covered under ERISA ...

Maybe not - and that's a major drawback. PBGC payouts have a maximum monthly limit. If your expected benefit was above that amount, you're out of luck. In 2016, the monthly max is $5,011.36 for a ...

Contact your company's human resources department and ask how to get hold of the Summary Plan Description, which states whether you're covered by the PBGC or not. If you're not, you might want to ...

A bankruptcy court in Delaware recently upheld rules issued by the Pension Benefit Guaranty Corporation (PBGC) that severely impact how liability is calculated for employers withdrawing from ...