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PBGC Provides Supplemental Assistance to Teamsters Local 966
16 May 2023 21:58 GMT
… to another Teamsters-affiliated pension plan.
The Teamsters Local … 966 Health Pension Plan, based in Cresskill … would be calculated. The PBGC provided an additional $ … allows for PBGC funding for severely underfunded multiemployer pension plans. …
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PBGC Bails Out Service, Manufacturing, Transportation Pension Funds
05 May 2023 02:53 GMT
… Office and Professional Employees Pension Plan, the United Furniture … Material Drivers Local 436 Pension Plan.
The Western States … plans in need of PBGC assistance, the Western States … allows for PBGC funding for severely underfunded multiemployer pension plans. …
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PBGC Bails Out Bakery Driver, Newspaper Plans
28 Apr 2023 21:29 GMT
… Assistance funds to two struggling pension funds.
The first was … Local 194 and Industry Pension Fund. The PBGC provided $110.9 … benefits by approximately 45% to PBGC minimum levels. The plan … Newspaper Guild of Greater Philadelphia Pension Plan. The UIU-NPG …
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Cement Workers’, Teamsters’ Pensions Receive Additional PBGC Funding
11 Apr 2023 01:33 GMT
Last week, the Pension Benefit Guaranty Corporation provided supplemental assistance to four struggling pension plans through … approximately 20%.
On Friday, the PBGC provided supplemental assistance to three …
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This agency tries to preserve pensions for millions of people
29 Mar 2023 13:19 GMT
… Roofers Local 134 Pension Plan, cut pension benefits for 45 … review, the PBGC approved backpay and restored pension payments to … special recognition.
Alice Maroni, PBGC’s chief management officer, … benefits to ensure their pensions remained intact.
“These …
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Diving Into SECURE 2.0: Changes for Defined Benefit Pension Plans
16 Mar 2023 06:29 GMT
…
Elimination of PBGC Variable Rate Premium Indexing
Defined benefit pension plans pay … an annual premium to the Pension Benefit Guaranty Corporation (PBGC). The premium consists of both … in the PBGC variable premium rate.
Transfer of Surplus Pension Assets to …
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Court Refuses to Dismiss Central States Pension Lawsuit
27 Feb 2023 22:14 GMT
… States Multiemployer Pension Plan Receives $35.8 billion in PBGC Assistance
Multiple … Employer Pension Plans May Need to … Circuit, Southeast and Southwest Areas Pension Fund, Transervice Logistics, Zenith Logistics
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PBGC Provides Supplemental Assistance to 4 Struggling Pensions
22 Feb 2023 03:23 GMT
The Pension Benefit Guaranty Corporation provided supplemental Special Financial Assistance to four multiemployer pension plans last … allows for PBGC grants to severely underfunded multiemployer pension plans. Pension funds that …
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In a New Pension Plan Actuarial Standard, a Subtle Warning of Possible ‘Fire!’
20 Feb 2023 15:16 GMT
… requirements on companies offering pension plans. Those requirements … of pensions via the Pension Benefit Guarantee Corporation (PBGC). If … mill workers, whose pensions had been both grievously … our state constitution prohibits pensions from being “diminished …
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PBGC Supplements Aid to Newspaper, Painter, Graphic Communication Pension Plans
01 Feb 2023 01:03 GMT
The Pension Benefit Guaranty Corporation approved supplemented Special Financial Assistance applications for three union pension plans … allows for PBGC grants to severely underfunded multiemployer pension plans. Pension funds that …