BNET Industries
- Private
- US
Dow Jones Description
PBGC is a federal corporation created by the Employee Retirement Income Security Act of 1974. It currently protects the pensions of 44.1 million American workers and retirees in 30,330 private single-employer and multiemployer defined benefit pension plans. PBGC receives no funds from general tax revenues. Operations are financed by insurance premiums set by Congress and paid by sponsors of defined benefit plans, investment income, assets from pension plans trusteed by PBGC, and recoveries from the companies formerly responsible for the plans.
Contact Information
Office of the General Counsel
1200 K Street, N.W.
Washington, District of Columbia 20005-4026
(202) 326-4400
Peer Companies
NAICS Code Pension Funds: 525110
Recent Events
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Blue Wolf Exec to Head U.S. Pension Agency
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Hayes Lemmerz strikes deal with PBGC, retirees
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Delphi retirees head to D.C.: Group will have hearing on lost benefits before Senate committee
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The PBGC strikes again
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NC's Hanesbrands boosts pension plan guarantees
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BRIEF-U.S. pension agency reaches $13.8 mln agreement with Hanesbrands
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Suit filed by ex-Delphi salaried group
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Pilots Sue to Drop PBGC as US Airways Pension Plan Trustee
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Time for true pension reform Politico
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Catapult Technology wins $1.4 million contract from PBGC
News & Analysis
Filter by
bush administration and pension benefit guaranty corp. - All News and Analysis
Pension Crisis in the United States - and the Rest of the Defined Benefit World
BNET
- 2005-09-01
Retirement issues have drawn significant attention in the United States over the past year. Social Security and Medicare reform are high on the Bush administration's agenda, highlighting weaknesses in the current social retirement system. The Bush administration and the US Congress have proposed tighter pension funding regulations, intended to strengthen...
Washington: Battle over pension funding looms; Rival Republican proposals are headed for a showdown.(News)
- 2005-06-13
Byline: Vineeta Anand WASHINGTON - Key House and Senate Republicans are headed for a showdown over the best way to secure funding for pension plans and avert a taxpayer bailout of the Pension Benefit Guaranty Corp. The PBGC's condition will wors ...
Pension reform: White House might be in mood to deal; Bush administration considers making concessions to get sponsors' support.
- 2005-01-24
Byline: Vineeta Anand WASHINGTON - Less than two weeks after unveiling an ambitious pension reform package, senior Bush administration officials are hinting at concessions they're willing to give employers to make the stringent proposals palatable Byline: Vineeta Anand WASHINGTON -...
No help: Benchmark proposal earns harsh criticism; Bush administration not addressing flaws of pension system, critics say.(News)
- 2003-07-21
Byline: Vineeta Anand WASHINGTON - Some academics, financial economists and actuaries are slamming the Bush administration's proposal to replace the 30-year Treasury with an index of high-grade corporate bonds as the benchmark for calculating pens Byline: Vineeta Anand WASHINGTON -...
ADMINISTRATION SPECULATION; Towers Perrin tie to pension posts.
- 2001-01-08
Among the names circulating in Washington for top pension spots in the Bush administration are two men with affiliations to Towers Perrin. John Woyke, a principal in the consulting firm's Valhalla, N.Y., headquarters is being mentioned as a likely Among the names circulating...
- 1
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Glenn D. Gunnels | |
| Sherray Gibson | Senior Administrative Assistant |
Glenn D. Gunnels focuses his practice on all areas of employee benefits and executive compensation, including qualified and nonqualified retirement plans, welfare benefit plans, stock option plans, deferred compensation arrangements and executive employment agreements. Mr. Gunnels regularly advises corporate clients on compliance issues with respect to the U.S. Department of Labor, the U.S. Internal Revenue Service, and the Pension Benefits Guaranty Corporation. He has extensive experience with qualified retirement plans including 401(k), ESOP, and defined benefit plans; welfare benefit plans including COBRA and HIPAA issues; incentive compensation plans including stock options, supplemental retirement plans, and bonus arrangements; and employment agreements, including non-compete and confidentiality agreements. Mr. Gunnels also coauthored a chapter on retirement benefit considerations for LLCs for the book Limited Liability Companies in Kentucky.
| Organization | Position | Status |
|---|---|---|
| Schiff Hardin Llp | Partner | Current |
| U.S. Internal Revenue Service | Current | |
| Pension Benefit Guaranty Corporation | Current |
| Organization | Position | Status |
|---|---|---|
| Ncna | Administrative Assistant | Current |
| Pension Benefit Guaranty Corporation | Senior Administrative Assistant | Current |
Industry Transcripts by Seeking Alpha
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Navios Maritime Holdings Inc. Q3 2009 Earnings Call Transcript
on Nov 18, 2009about NM
-
Progressive Corp. Q3 2009 Earnings Call Transcript
on Nov 11, 2009about PGR
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Nelnet Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about NNI
-
American Apparel Q3 2009 Earnings Call Transcript
on Nov 10, 2009about APP
-
MBIA Inc. Q3 2009 Earnings Call Transcript
on Nov 10, 2009about MBI
Glass Door
Financial Services Industry Companies
| Company | Employer Rating |
| Wells Fargo |  |
| U.S. Bank |  |
| Bank of America | |
| Wachovia | |
| JPMorgan Chase | |
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