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{{Short description|American government-owned company}} | {{Short description|American government-owned company}} | ||
{{ | {{Organization | ||
|OrganizationName=Pension Benefit Guaranty Corporation | |||
|OrganizationType=Government Corporations | |||
|Mission=The Pension Benefit Guaranty Corporation (PBGC) protects the retirement incomes of American workers in private-sector defined benefit pension plans. It does this by ensuring that participants receive their earned pension benefits when their pension plans are unable to pay due to the termination of the plan by the employer. | |||
|OrganizationExecutive=Director | |||
|Employees=895 | |||
|Budget=$2.6B (FY 2023) | |||
|Website=https://www.pbgc.gov/ | |||
|Services=Pension benefit insurance; Pension plan termination management; Benefit payment administration; Financial assistance to multiemployer plans | |||
|ParentOrganization= | |||
|CreationLegislation=Employee Retirement Income Security Act of 1974 (ERISA) | |||
|Regulations=Oversight of pension plan terminations; Establishment of insurance premiums; Determination of benefit guarantees | |||
|HeadquartersLocation=38.901347, -77.028113 | |||
|HeadquartersAddress=1200 K Street NW, Washington, DC 20005, USA | |||
}} | }} | ||
{{Infobox government agency | {{Infobox government agency | ||
| agency_name = Pension Benefit Guaranty Corporation (United States) | | agency_name = Pension Benefit Guaranty Corporation (United States) |
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