Pension Benefit Guaranty Corporation · Washington, DC United States
| 1200 K St. Nw | Phone: 202-326-4000 |
| Washington, DC | Fax: 202-326-4042 |
| 20005 | |
| United States | 
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Pension Benefit Guaranty Corporation Rankings
Company Description
Underfunded pension plans give PBGC the heebie-jeebies. The Pension Benefit Guaranty Corporation, or PBGC -- itself operating at a multi-billion-dollar deficit -- was set up to promote the growth of defined-benefit pension plans, provide payment of retirement benefits, and keep pension premiums as low as possible. The government agency protects the pensions of more than 34 million workers and monitors employers to ensure that plans are adequately funded. The agency receives no tax funds; its income is generated by insurance premiums paid by employers, investments, and assets recovered from terminated plans. The corporation was created by the Employee Retirement Income Security Act of 1974.
Pension Benefit Guaranty Corporation Reports
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Financials
| Company Type | Government AgencyHeadquarters |
|---|---|
| Fiscal Year-End | September |
| Employees | 800 |
Executives
77 executives listed for Pension Benefit Guaranty Corporation's Washington, DC location.
| Admin Officer | Tanya Jones | |
|---|---|---|
| Deputy Director Operations and Acting Chief Management Officer | Vincent Snowbarger | |
| COO and Acting CIO | Richard Macy |