The Pension Benefit Guaranty Corporation (PBGC) has contracted with Serco Inc. for field office support services. Location. PBGC Customer Contact Center hours are 8 a.m. to 7 p.m. Eastern Time, Monday Through Friday (except Federal holidays). The Health Coverage Tax Credit is a tax credit that pays 72.5 percent of qualified health insurance premiums for eligible individuals and their families. By providing PBGC with your email address, it will be used by PBGC to contact you regarding your account status (including confirmation of registration), and may be used to contact you for other purposes (for example, to notify you about major changes … PBGC Customer Contact Center hours are 8:00 a.m. to 7:00 p.m. Eastern Time, Monday – Friday (except federal holidays). The service arrangement has a one-year base period and four option years, with a ceiling value of $200.5 million. Pension Benefit Guaranty Corporation Field Operations Support Services. Phone: 1-800-400-7242 or (202) 326-4000. Email. 1200 K Street, NW, Suite 10227, The benefit of the Health Coverage Tax Credit will be offered monthly. Our Customer Contact Center hours are 8 a.m. to 7 p.m. Eastern Time, Monday Through Friday (except Federal holidays). Penney’s defined benefit plan is fully funded and is insured by the Pension Benefit Guaranty Corp., which will assume the plan’s assets and the … Multi Location Business Find locations. Call PBGC's Customer Contact Center: Call at 1-800-400-7242. By Phone Toll-free: (844) GO-INPRS Before you call remember to have your Social Security number (SSN) and passcode ready. Alexandria, VA 22315-1750. If you need to contact our Office of Policy & External Affairs (OPEA) for congressional and legislative, press and media, public relations, or related inquiries, please see the below information: TTY/ASCII (American Standard Code for Information Interchange) users, call the federal relay service toll-free at 1-800-877-8339 and ask to be connected to 1-202-229-4223. PBGC is a federal agency that protects the retirement incomes of nearly 37 million US workers in private sector defined benefit pension plans and is currently responsible for the benefits of about 1.5 million people in failed pension plans. The real PBGC customer contact center # is 1-800-400-7242 or (202) 326-4000, and the real web site is pbgc.gov. Direct Phone (202) ***-**** Get Email Address Get Phone Number. Our Customer Contact Center hours are 8 a.m. to 7 p.m. Eastern Time, Monday Through Friday (except Federal holidays). ... All form fields except phone number are required.   background-color: aliceblue; Welcome to Paraparaumu Beach Golf Club, New Zealand. How can we help you? Website: Pension Benefit Guaranty Corporation (PBGC) Contact: Contact the Pension Benefit Guaranty Corporation. Pension plans that are qualified under the U.S. tax code pay yearly insurance premiums to the PBGC based on the number of participants in the plan and the funded status of the plan. The PBGC does not cover defined-contribution plans, such as a 401(k) or 403(b).In this article, we’ll show you what the PBGC can tell you about the health of your company’s pension plan. Phone: 1-800-736-2444 or (202) 326-4242. 1-(202) 326-4030 between the hours of 8:00 AM and 5:00 PM, Monday through Friday Welcome to PBGC! The PBGC Staff describes this two-step transaction as: Step 1: A spinoff of most plan participants into a new plan late in the year into a new plan that is virtually identical to the old plan, but with a new name, EIN, and plan number, leaving only a small group of retirees in the original plan. We will update this message as we work to resolve the issue. PBGC Problem Resolution Officer (Participants) Pension Benefit Guaranty Corporation. That post is available here, and describes the DOL’s guidance on Missing Participants - Best Practices for Pension Plans (“Best Practices”). This page allows you to search by names of companies or pension plan sponsors. Contact AT&T by phone or live chat to order new service, track orders, and get customer service, billing and tech support. If PBGC is responsible for your pension benefit, or if you are a beneficiary entitled to current or future benefits administered by PBGC, contact us: Our secure online service allows you to update your contact information, apply for pension benefits, or perform other self-service options. Meanwhile, the single-employer insurance program is improving, driven primarily by investment income and … Janice Brown-Taylor has been named Deputy Chief of Benefits Administration and Michael Hutchins is the Director for the Plan Asset & Data Management Department. s***@pbgc.gov. The PBGC, however, believed that $8.1 million of the surplus (earnings on employee contributions in excess of the plan rate as calculated under PBGC's "presumptive method") were "attributable to employee contributions," within the meaning of section 4044(d) (2) of ERISA, 29 U.S.C. z-index: 15; The Pension Search Directory helps PBGC find people who are owed pensions they earned from private defined benefit pension plans that have been closed. [When submitting information by Internet E-Mail, … Located just 45 minutes drive from New Zealand's Capital City, Wellington, the course has hosted the New Zealand Open 12 times. 1-(202) 326-4030 between the hours of 8:00 AM and 5:00 PM, Monday through Friday. We protect the retirement security of over 34 million Americans in single-employer and multiemployer pension plans. By e-mail: advancereport@pbgc.gov. Periodically the “Intersector Group” (“the Group”) engages with representatives of the Pension Benefit ... because the total number of eligible employees was reduced by more ... the plan sponsor can contact PBGC for assistance. The Bipartisan Budget Act, which was signed by President Obama on November 2, 2015, set PBGC premiums [16] as follows for single-employer pension plans: To contact the Office of Inspector General's Office for the Pension Benefit Guaranty Corporation for general information, use the following methods. [When submitting information by Internet E-Mail, … Pension Benefit Guaranty Corporation Field Operations Support Services. The PBGC, however, believed that $8.1 million of the surplus (earnings on employee contributions in excess of the plan rate as calculated under PBGC's "presumptive method") were "attributable to employee contributions," within the meaning of section 4044(d) (2) of ERISA, 29 U.S.C. Please contact PBGC’s Customer Contact Center at 1-800-400-7242, to create your MyPBA account. The employers are usually in the same or related industries, such as transportation, construction, mining, and hospitality. Hours: Monday - Friday 8 a.m. to 7 p.m. EST. The U.S. Supreme Court declined to review an appellate court ruling in a case brought against the PBGC by Delta pilots seeking $600 million. If your pension benefit is less than the PBGC's guarantee limit, in all likelihood you will receive the same amount. Intersector Group Discussion Topics for Pension Benefit Guaranty Corporation . To help us serve you best, it helps to have the following information available when you call: PBGC Customer Contact Center hours are 8 a.m. to 7 p.m. Eastern Time, Monday Through Friday (except Federal holidays). Share . If you are an employer offering a defined benefit plan to your employees or a pension professional, actuary, or practitioner responsible for the administration of a plan covered by ERISA, contact us: TTY/ASCII (American Standard Code for Information Interchange) users, call the federal relay service toll-free at 1-800-877-8339 and ask to be connected to 1-800-736-2444. PBGC Practitioner Contact Center hours are 8:00 a.m. to 5:00 p.m. Eastern Monday – Friday (except federal holidays). 1-202-229-4047. On January 18, we published a blog post regarding new Department of Labor ("DOL") guidance on missing plan participants. A multiemployer plan is created through a collective bargaining agreement between employers and a union. We see that you have visited MyPBA before, would you like to be directed to this site. top: 0; 601 et seq.) height: 100%; To contact the Office of Inspector General's Office for the Pension Benefit Guaranty Corporation for general information, use the following methods. This spreadsheet lists the active multiemployer pensions plans insured by PBGC. Please allow four to six weeks for PBGC to respond to your request. Notices to participants and beneficiaries must state clearly that their account balances are being transferred to the “Pension Benefit Guaranty Corporation’s Defined Contribution Missing Participants Program,” and include the PBGC’s website address and customer contact number. PBGC Missing Participant Payments. Your Name * Your Contact Email * Your Contact Phone Please describe the issue you are having * Troubleshooting Information: Name Value; User IP: 207.46.13.131: The Pension Benefit Guaranty Corporation (PBGC) has released its Fiscal Year (FY) 2020 Annual Report, which notes, among other things, that the expected insolvency date of the agency’s multiemployer insurance program has been delayed from FY 2025 to sometime in FY 2026.. TTY/ASCII (American Standard Code for Information Interchange) users, call the federal relay service toll-free at 1-800-877-8339 and ask to be connected to 1-800-400-7242. Export. 1200 K St NW. If you have called or written to PBGC and have not received a response, please contact the PBGC Problem Resolution Officer for Participants. “This year’s report illustrates that PBGC’s two insurance programs are in dramatically different financial positions,” Hartogensis said. The solution: The Pension Benefit Guaranty Corporation (PBGC), which was founded in 1974 and protects retirees if a pension plan becomes insolvent. PBGC currently provides a maximum guaranteed benefit of $12,870 to a participant in a multiemployer plan with 30 years of service. Contact Us. On January 18, we published a blog post regarding new Department of Labor (“DOL”) guidance on missing plan participants. The guarantee is 100% of the first $11 of the monthly benefit rate, plus 75% of the next $33 of the monthly benefit rate, multiplied by … That post is available here, and describes the DOL's guidance on Missing Participants - Best Practices for Pension Plans ("Best Practices"). PBGC’s Customer Contact Center phone system is experiencing high call volumes which has resulted in intermittent technical issues. The solution: The Pension Benefit Guaranty Corporation (PBGC), which was founded in 1974 and protects retirees if a pension plan becomes insolvent. TTY/ASCII users call the federal relay service at 1-800-877-8339 and ask to be connected to 1-800-400-7242. Louisa Soulard Contact Information. Pension plans that are qualified under the U.S. tax code pay yearly insurance premiums to the PBGC based on the number of participants in the plan and the funded status of the plan. The email should contain the following information: the number of the applicable IRS news release announcing the disaster relief; the plan name, EIN and plan number; and the name and address of the person affected by the disaster, such as the plan sponsor. At that time, PBGC recommended that plan sponsors clarify their plan documents to specify which set of rates the plan uses. Thank you for your patience as we worked to resolve the outage. PBGC also assumed responsibility for the benefit payments of an additional 56,405 workers and retirees in 69 single-employer plans that were trusteed during FY 2020. The Pension Benefit Guaranty Corporation (PBGC) has announced two key appointments to its leadership team. PBGC is a federal agency that protects the retirement incomes of nearly 37 million US workers in private sector defined benefit pension plans and is currently responsible for the benefits of about 1.5 million people in failed pension plans. § 1344(d) (2), and therefore Firestone had a statutory duty to return that sum to the employees. position: fixed; Beneficiaries / Report Death of a Participant, Qualified Domestic Relations Orders and PBGC, State Life and Health Insurance Guaranty Association Offices, Missing Participants (Standard/Distress Terminations only), Federal Register Notices Open for Comment, ERISA Section 4044 Retirement Assumptions, Reportable Events & Large Unpaid Contributions, Workers, Retirees, & Beneficiaries in Single-Employer Plans, Workers, Retirees, & Beneficiaries in Multiemployer Plans. On the basis of its definition of small entity, PBGC certifies under section 605(b) of the Regulatory Flexibility Act (5 U.S.C. PBGC - Pension Benefit Guarantee Corporation (www.pbgc.gov) at 1-800-400-7242 Medicare ( www.medicare.gov ) at 1-800-633-4227 Social Security Administration ( … In fact, according to the PBGC’s own assessment, its funds for the single-employer program are expected to grow between 2019 and 2029 from $8.7 billion to $46.3 billion. TTY/ASCII (American Standard Code for Information Interchange) users, call the federal relay service toll-free at 1-800-877-8339 and ask to be connected to 1-800-400-7242. Golf at its purest. The case was investigated by the PBGC Office of Inspector General, with assistance from the U.S. Attorney’s Office for the Southern District of Florida and the Miami Gardens Police Department. The Pension Benefit Guaranty Corporation insures and guarantees private sector workers' pensions. Notices to participants and beneficiaries must state clearly that their account balances are being transferred to the “Pension Benefit Guaranty Corporation’s Defined Contribution Missing Participants Program,” and include the PBGC’s website address and customer contact number. At that time, PBGC recommended that plan sponsors clarify their plan documents to specify which set of rates the plan uses. PBGC’s Customer Contact Center phone system is experiencing high call volumes which has resulted in intermittent technical issues. */. Jeffrey Donahue could face 15 years in prison for conspiracy to bribe a public official. #mask{ If you qualify, you can choose to have 72.5 percent of your qualified health insurance premiums paid in advance directly to your health plan administrator each month on your behalf to lower your out-of-pocket payments for your monthly premiums. Email: mypension@pbgc.gov Phone Number: 1-202-326-4000 [CDATA[/* >