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DOL Asks for Budget Increase to Implement SECURE 2.0
17 Apr 2024 22:08 GMT
… .0 Act of 2022.
The Pension Benefit Guaranty Corporation would receive $514.1 million … from $512.9 million. The PBGC also reported asset surpluses for …
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Biden announces tariffs on Chinese Steel while visiting United Steelworkers members
17 Apr 2024 21:19 GMT
… , a provision that funds the Pension Benefit Guaranty Corporation and protects the pensions of …
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PBGC Issues SFA Grants to Two Multiemployer Plans
15 Apr 2024 22:29 GMT
The Pension Benefit Guaranty Corporation approved two Special Financial Assistance … Act allows for PBGC funding for severely underfunded multiemployer pension plans. Grants … other sources of funding. The PBGC requires that at least two …
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Local Teamsters union gets pension fund boost from feds
15 Apr 2024 16:08 GMT
… D. C. - The Pension Benefit Guaranty Corporation (PBGC) is giving $7.5 million … pension plan as part of a program to shore up underfunded pensions …
A statement from PBGC says the pension plan covers 529 … in 2038. If the pension rescue program had not …
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Teamsters pension fund returns $127M to Treasury after overpaying almost 3,500 dead participants
10 Apr 2024 22:18 GMT
… to a congressional subpoena.
The Pension Benefit Guaranty Corporation paid a total of $35 … , Labor and Pensions Committee, both pointed out that PBGC’s inspector general … House Health, Employment, Labor, and Pensions Subcommittee, also accused Central States …
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State approves surgery ban for transgender kids in rulemaking process: Capitol Letter
16 Apr 2024 13:30 GMT
… a private buyer.
Pension protection: The Pension Benefit Guaranty Corporation (PBGC) is giving … pension plan as part of a program to shore up underfunded pensions … statement from PBGC says the pension plan covers 529 … 2038. If the pension rescue program had …
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Ohio panel approves ban on youth transgender surgeries: The Wake Up for Tuesday, April 16, 2024
16 Apr 2024 11:21 GMT
… half-hour news podcast.
Pension fund: The Pension Benefit Guaranty Corporation (PBGC) is giving $7.5 … pension plan as part of a program to shore up underfunded pensions …
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PBGC Says Central States Will Reimburse SFA Overpayment
29 Mar 2024 00:44 GMT
The Pension Benefit Guaranty Corporation responded to a subpoena from … on Health, Employment, Labor, and Pensions, PBGC Director Gordon Hartogensis gave a … underfunded multiemployer pensions.
In July 2023, Central States and the PBGC discovered …
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House committee subpoenas agency head amid probe of $127M paid to Teamsters' pension fund with dead participants
27 Mar 2024 00:27 GMT
… including PBGC — in fiscal year 2023.
Foxx subpoenaed Pension Benefit Guaranty Corporation Director … Health, Education, Labor and Pensions Committee hearing, International Brotherhood … Employment, Labor, and Pensions, PBGC Director Gordon Hartogensis gave a …
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Yellow gets favored venue for hearing on $7.8B in pension liability claims
27 Mar 2024 22:38 GMT
… $7.8 billion in pension withdrawal liability claims against … However, an expert on pension withdrawal claims has told … well as pension insurer Pension Benefit Guaranty Corp. (PBGC) pointed to … received from PBGC as part of the pension bailout, PBGC Director …