Transportation Pension Granted $49.3M by PBGC
The plan of 3,887 participants will remain solvent through 2051.
Tag: special financial assistance
Ironworker and Plasterer Pension Funds Receive SFA Assistance From PBGC
The two construction pension plans will receive more than $70 million in combined funds.
Special Financial Assistance Provided to 2 Additional Union Pensions
The two union pensions, one in transportation and the other in graphic communications, will receive more than $100 million in...
Struggling Teamsters Pension Receives Close to a Billion Dollars in Assistance
The financing will allow the union pension to both satisfy monthly payments to beneficiaries and provide make-up payments.
PBGC Advisory Board Adds Four Presidential Nominees
Four new appointees make a total of seven, charged with advising the PBGC on investments and other decisions.
Ohio Bricklayers Pension Fund Gets PBGC Bailout
The union plan had been severely underfunded for over a year but can now meet its liabilities to nearly 400...
Sheet Metal Workers Pension Fund Receives Assistance from PBGC
After a year of partial payouts to pension participants, a local Sheet Metal Workers pension plan will receive $29 million...