Was the AMR (American Airlines) bankruptcy filing really necessary? Analysts are speculating that if AMR hadn’t pursued an orderly restructuring, they would likely be forced to go through this process ...

From a retiree’s perspective, the biggest risk with defined benefit retirement is that you are at the mercy of your former employer. That could put your retirement at risk if the employer or its ...

Democrats now assert their bailout of multiemployer union pension plans in March's American Rescue Plan Act was deeply flawed and are demanding the Pension Benefit Guaranty Corporation (PBGC) rescue ...

The PBGC will provide financial assistance to two insolvent multiemployer pension plans to ensure participants continue to receive benefits, the agency announced. The Pension Benefit Guaranty Corp.

BRIDGEWATER, MA - SEPTEMBER 11: Workers stack wet bricks that were just formed at the Stiles and Hart Brick Co. in Bridgewater, MA on Sep. 11, 2019. For more than a century, workers at the Stiles and ...

The Pension Benefit Guaranty Corporation (PBGC) is a government entity that provides mandatory insurance to private pension plans. If a private pension plan fails, the PBGC pays out insured benefits ...

Serious pension funding issues have no place being hidden in a transportation funding bill. This is especially true if the pension language could cause an even greater taxpayer bailout of the Pension ...

In September, 2009, the US Airline Pilots Assocation filed a lawsuit against the Pension Benefit Guaranty Corporation, a federal agency created to protect private pensions, demanding that the agency ...

In an effort to stave off reduced benefits to the Freight Drivers and Helpers Union No. 57 in Baltimore, the Pension Benefit Guaranty Corporation (PBGC) has approved an application to the Special ...

The PBGC on Wednesday said it undervalued United Airlines' pension assets by 0.75%, or $58 million. Officials at the Pension Benefit Guaranty Corp. in September will start sending back payments with ...

If your pension plan is terminated and taken over by the Pension Benefit Guaranty Corp., you could face a cut in benefits. Not all promises made by your employer are covered, and limits often apply to ...