U.S. Pension Benefit Guaranty Corporation

URI: https://gptkb.org/entity/U.S._Pension_Benefit_Guaranty_Corporation
GPTKB entity
Statements (29)
Predicate Object
gptkbp:instanceOf gptkb:government_agency
gptkbp:abbreviation gptkb:PBGC
gptkbp:authority gptkb:Employee_Retirement_Income_Security_Act_of_1974
gptkbp:boardMemberOf gptkb:Secretary_of_Commerce
gptkb:Secretary_of_Labor
gptkb:Secretary_of_Treasury
gptkbp:budget self-financed through insurance premiums, assets from pension plans, and investment income
gptkbp:country gptkb:United_States
gptkbp:director gptkb:Gordon_Hartogensis
gptkbp:established 1974
gptkbp:fundedBy gptkb:Multiemployer_Program
gptkb:Single-Employer_Program
gptkbp:headquartersLocation gptkb:Washington,_D.C.
https://www.w3.org/2000/01/rdf-schema#label U.S. Pension Benefit Guaranty Corporation
gptkbp:insuredBy over 25,000 pension plans
gptkbp:insuredParticipants over 33 million Americans
gptkbp:jurisdiction gptkb:federal_government_of_the_United_States
gptkbp:logo PBGC logo.svg
gptkbp:mission protect retirement incomes of American workers in private-sector defined benefit pension plans
gptkbp:notFundedBy general tax revenues
gptkbp:numberOfEmployees approximately 900
gptkbp:oversees gptkb:Board_of_Trustees
gptkbp:parentOrganization gptkb:United_States_Department_of_Labor
gptkbp:responsibility takes over pension plans when companies cannot meet obligations
insures defined benefit pension plans
gptkbp:type federal corporation
gptkbp:website https://www.pbgc.gov/
gptkbp:bfsParent gptkb:Steven_A._Kandarian
gptkbp:bfsLayer 6