GST's pension benefits would get passed on to the federal Pension Benefit Guaranty Corp.
And remember that people are living longer, so a pension benefit is critical for your well-being.
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The company is looking to push its underfunded pension into the Pension Benefit Guaranty Corp.
Similarly, private pensions pay premiums to the Pension Benefit Guaranty Corporation, which protects private pension beneficiaries.
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Bailouts are continuing with the Postal Service, Federal Housing Administration, Pension Benefit Guaranty Corporation, and more.
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Motorola said last week that it would freeze its employee pension benefit plans and stop matching 401(k) contributions.
Kodak's U.S. pension obligations are still being sorted out in bankruptcy court with the Pension Benefit Guaranty Corp.
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In the past, state legislatures have handed out pension benefit increases that were fiscal time bombs for future legislatures.
Ford assumed virtually all Rouge's health care and pension benefit costs and covered Rouge for legacy environmental liabilities through 2009.
In response, the workers argued that the ADEA prohibits age discrimination in all forms of employee benefits, including pension benefit accruals.
There is no particular reason that pension benefit accrual should be backloaded.
As the retirement checks began to disappear there was a public outcry that prompted Washington to enact the Pension Benefit Guarantee Corporation.
Like traditional pension plans, and unlike 401(k) plans, cash-balance plans are wholly funded by employers and insured by the federal Pension Benefit Guarantee.
They will have to, to some degree, because the government is pledged to pick up busted pensions through the Pension Benefit Guaranty Corp.
It also makes Social Security somewhat unique in that very few other pension benefit programs have built-in inflation protection at no additional cost.
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The judge also signed off on a provision to cut costs by having the Pension Benefit Guarantee Corp. take over two Hawker Beechcraft retirement plans.
The largest unsecured creditor is the Pension Benefit Guaranty Corp.
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United Airlines (UAL) and the Pension Benefit Guaranty Corporation (PBGC) made a dirty deal to eliminate our company pensions and replace them with anemic PBGC pensions.
Pension Benefit Guaranty Corp. statistics show that the number of private sector defined benefit plans in the U.S. has plunged to 30, 000 from 112, 000 since 1985.
In the past, I have almost always advised retiring public sector employees to resist the temptation to take their accumulated pension benefit in a lump sum.
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What is the effect upon participants in a pension plan when the Pension Benefit Guaranty Corporation takes over the plan and replaces company pensions with PBGC pensions?
If approved by bankruptcy court, the airline would turn over its defined benefit pension plans to the Pension Benefit Guaranty Corporation (PBGC), a federally chartered agency that insures private sector pensions.
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The request came in a June 20 letter from the Aircraft Mechanics Fraternal Association to U.S. Secretary of Labor Elaine Chao and Bradley Belt , executive director of the Pension Benefit Guarantee Corp.
And in our budget we have a proposal to give the Pension Benefit Guarantee Corporation the ability to set premiums, which are now very low, in a way that matches the default risk.
This would give them the ability -- participation is voluntary in the Pension Benefit Guarantee Corporation, but it would shift the burden of the risk from the taxpayers back to the companies that get the benefit.
Because the Pension Benefit Guaranty Corporation (PBGC), a federal agency tasked with insuring private pension plans, has long encouraged large companies to delay needed changes to their retirement plans in order to bring labor costs under control.
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According to the Pension Benefit Guaranty Corp.
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So, too, have workers at United Airlines: a bankruptcy judge recently ruled that the firm could hand its pension plan over to the Pension Benefit Guaranty Corporation, a government-linked pension insurer that pays only partial benefits to high-earners.
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