Yellow Corp.'s failed bid to slash around $6.5 billion in pension withdrawal liabilities is a significant win for one federal ...
As the federal government barrels toward a shutdown at the end of the month, congressional leaders and the president are scrambling to strike a deal that will keep agencies like EBSA and the IRS ...
The health of the Pension Benefit Guaranty Corp.'s single-employer and multiemployer pension programs improved once again, as both posted net positive positions in the latest fiscal year, according to ...
Mid-career workers risk big retirement shortfalls should their pensions be terminated. Learn how to protect savings with ...
Sept. 29--TUPELO-- Hancock Fabrics has filed a motion with the U.S. Bankruptcy of Delaware, asking it to approve an agreement in which the Pension Benefit Guaranty Corporation takes over its ...
A U.S. appeals court on Tuesday shot down bankrupt trucking company Yellow Corp's challenge of two COVID-era pension bailout ...
The Pension Benefit Guaranty Corp. awarded $635 million to a struggling multiemployer plan facing insolvency. The special financial assistance, or SFA, will go to the Carpenters Pension Trust Fund – ...
The Pension Benefit Guaranty Corporation projects lasting solvency for both its single and multiemployer pension insurance systems, per a projections report released on July 19. The PBGC maintains two ...
The Pension Benefit Guaranty Corporation first chose Serco Inc. for the program in 2019 and is looking to build upon that work. Serco Group‘s North American subsidiary has booked a potential five-year ...
The Pension Benefit Guaranty Corp. approved $31.6 million in special financial assistance for the Retirement Benefit Plan of the Newspaper and Magazine Drivers, Chauffeurs and Handlers Union Local 473 ...
SAN FRANCISCO (MarketwWatch) -- The federal Pension Benefit Guaranty Corp. on Friday became the trustee of Delta Air Lines Inc.'s pilots pension plan, taking over benefits responsibilities for more ...
Deva Kyle, a counsel at law firm Cohen, Weiss and Simon LLP, was nominated Thursday by President Joe Biden as director of the Pension Benefit Guaranty Corporation. Kyle would serve a five-year term as ...