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href="/workers-retirees" class="usa-nav__link" > <span>Workers & Retirees</span> </a> </li> <li class="usa-nav__primary-item"> <button class="usa-accordion__button usa-nav__link " aria-expanded="false" aria-controls="extended-mega-nav-section-3"> <span>Employers & Practitioners</span> </button> <div id="extended-mega-nav-section-3" class="usa-nav__submenu usa-megamenu" hidden=""> <div class="grid-row grid-gap-4"> <div class="desktop:grid-col-3"> <div class="usa-nav__submenu-item"> <a href="https://mypaa.pbgc.gov/" class="usa-nav__link-level-two" > <span>Log in to My PAA</span> </a> </div> </div> <div class="desktop:grid-col-3"> <div class="usa-nav__submenu-item"> <a href="https://efiling.pbgc.gov/" class="usa-nav__link-level-two" > <span>Log in to e-Filing Portal</span> </a> </div> </div> <div class="desktop:grid-col-3"> <div class="usa-nav__submenu-item"> <a href="/prac" class="usa-nav__link-level-two" > <span>Employers & Practitioners Overview</span> </a> </div> </div> <div class="desktop:grid-col-3"> <div class="usa-nav__submenu-item"> <a class="usa-nav__link usa-nav__link-level-two" href="/prac/whatsnew"> <span><strong>What's New</strong></span> </a> </div> <ul id="basic-nav-section-4" class="usa-nav__submenu-list"> <li class="usa-nav__submenu-item"> <a href="/prac/whatsnew/whatsnew-archive" > <span>What's New for Practitioners Archive</span> </a> </li> </ul> </div> <div class="desktop:grid-col-3"> <div class="usa-nav__submenu-item"> <a href="/prac/forms" class="usa-nav__link-level-two" > <span>Forms For Employers & Practitioners</span> </a> </div> </div> <div class="desktop:grid-col-3"> <div class="usa-nav__submenu-item"> <a href="/prac/faqs" class="usa-nav__link-level-two" > <span>FAQ's For Employers & Practitioners</span> </a> </div> </div> <div class="desktop:grid-col-3"> <div class="usa-nav__submenu-item"> <a href="/prac/prem" class="usa-nav__link-level-two" > <span>Premium Filings</span> </a> </div> </div> <div class="desktop:grid-col-3"> <div class="usa-nav__submenu-item"> <a href="/prac/interest" class="usa-nav__link-level-two" > <span>Interest Rates</span> </a> </div> </div> <div class="desktop:grid-col-3"> <div class="usa-nav__submenu-item"> <a href="/prac/missing-participants-program" class="usa-nav__link-level-two" > <span>Missing Participants Program</span> </a> </div> </div> <div class="desktop:grid-col-3"> <div class="usa-nav__submenu-item"> <a href="/prac/risk-mitigation" class="usa-nav__link-level-two" > <span>Risk Mitigation & Early Warning Program</span> </a> </div> </div> <div class="desktop:grid-col-3"> <div class="usa-nav__submenu-item"> <a class="usa-nav__link usa-nav__link-level-two" href="/prac/terminations"> <span><strong>Plan Terminations</strong></span> </a> </div> <ul id="basic-nav-section-11" class="usa-nav__submenu-list"> <li class="usa-nav__submenu-item"> <a href="/prac/terminations/standard" > <span>Standard Terminations</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/prac/terminations/distress-terminations" > <span>Distress Terminations</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/prac/terminations/how-to-handle-missing-participants" > <span>Missing Participants (Standard/Distress Terminations Only)</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/prac/terminations/pbgc-initiated-terminations" > <span>PBGC-Initiated Terminations</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/prac/terminations/premiums" > <span>Premiums</span> </a> </li> </ul> </div> <div class="desktop:grid-col-3"> <div class="usa-nav__submenu-item"> <a class="usa-nav__link usa-nav__link-level-two" href="/prac/multiemployer"> <span><strong>Multiemployer Plans</strong></span> </a> </div> <ul id="basic-nav-section-12" class="usa-nav__submenu-list"> <li class="usa-nav__submenu-item"> <a href="/prac/multiemployer/funding-and-other-notices" > <span>Funding and Other Notices</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/prac/multiemployer/introduction-to-multiemployer-plans" > <span>Introduction to Multiemployer Plans</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/prac/multiemployer/multiemployer-premiums" > <span>Multiemployer Premiums</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/prac/multiemployer/withdrawal-liability" > <span>Withdrawal Liability</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/arp-sfa" > <span>Special Financial Assistance Program</span> </a> </li> </ul> </div> <div class="desktop:grid-col-3"> <div class="usa-nav__submenu-item"> <a class="usa-nav__link usa-nav__link-level-two" href="/prac/laws-and-regulations"> <span><strong>Legal Resources</strong></span> </a> </div> <ul id="basic-nav-section-13" class="usa-nav__submenu-list"> <li class="usa-nav__submenu-item"> <a href="/prac/laws-and-regulations/erisa" > <span>ERISA</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/prac/laws-and-regulations/code-of-federal-regulations" > <span>Code of Federal Regulations</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/prac/laws-and-regulations#RuleMakingDocuments" > <span>Rulemaking Documents</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/guidance" > <span>Guidance Documents Database</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/prac/laws-and-regulations#FederalRegisterNotices" > <span>Federal Register Notices</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/prac/laws-and-regulations#LitigationDocuments" > <span>Litigation Documents</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/prac/laws-and-regulations#AgencyDecisionsOpinions" > <span>Agency Decisions and Opinions</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/prac/laws-and-regulations#OtherResources" > <span>Other Resources</span> </a> </li> </ul> </div> <div class="desktop:grid-col-3"> <div class="usa-nav__submenu-item"> <a href="/prac/laws-and-regulation/federal-register-notices-open-for-comment" class="usa-nav__link-level-two" > <span>Federal Register Notices Open For Comment</span> </a> </div> </div> <div class="desktop:grid-col-3"> <div class="usa-nav__submenu-item"> <a href="/prac/other-guidance/insurance-coverage" class="usa-nav__link-level-two" > <span>PBGC Insurance Coverage</span> </a> </div> </div> <div class="desktop:grid-col-3"> <div class="usa-nav__submenu-item"> <a href="/prac/other-guidance/Disaster-Relief" class="usa-nav__link-level-two" > <span>Disaster Relief</span> </a> </div> </div> <div class="desktop:grid-col-3"> <div class="usa-nav__submenu-item"> <a href="/prac/appeals-board" class="usa-nav__link-level-two" > <span>Appeals Board - Purpose and Procedures</span> </a> </div> </div> <div class="desktop:grid-col-3"> <div class="usa-nav__submenu-item"> <a href="/prac/data-books" class="usa-nav__link-level-two" > <span>Pension Insurance Data</span> </a> </div> </div> <div class="desktop:grid-col-3"> <div class="usa-nav__submenu-item"> <a class="usa-nav__link usa-nav__link-level-two" href="/prac/mortality-retirement-and-pv-max-guarantee"> <span><strong>Mortality, Retirement & PV Max Guarantee</strong></span> </a> </div> <ul id="basic-nav-section-19" class="usa-nav__submenu-list"> <li class="usa-nav__submenu-item"> <a href="/prac/mortality-retirement-and-pv-max-guarantee/erisa-section-4044-retirement-assumptions" > <span>ERISA Section 4044 Retirement Assumptions</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/prac/mortality-retirement-and-pv-max-guarantee/erisa-mortality-tables" > <span>ERISA Section 4044/4050 Mortality Tables</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/prac/mortality-retirement-and-pv-max-guarantee/present-guarantee" > <span>Present Value of PBGC Maximum Guarantee</span> </a> </li> </ul> </div> <div class="desktop:grid-col-3"> <div class="usa-nav__submenu-item"> <a class="usa-nav__link usa-nav__link-level-two" href="/prac/reporting-and-disclosure"> <span><strong>Reporting & Disclosure</strong></span> </a> </div> <ul id="basic-nav-section-20" class="usa-nav__submenu-list"> <li class="usa-nav__submenu-item"> <a href="/prac/reporting-and-disclosure/4010-reporting" > <span>4010 Reporting</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/prac/multiemployer/funding-and-other-notices" > <span>Annual Funding Notices</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/prac/reporting-and-disclosure/reportable-events" > <span>Reportable Events & Large Unpaid Contributions</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/prac/reporting-and-disclosure/reporting-and-disclosure-overview" > <span>Reporting & Disclosure Overview</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/prac/reporting-and-disclosure/erisa-section-4062-e" > <span>Section 4062(e)</span> </a> </li> <li class="usa-nav__submenu-item"> <a href="/prac/reporting-and-disclosure/section-4063-notices" > <span>Section 4063 Notices</span> </a> </li> </ul> </div> </div> </div> </li> <li class="usa-nav__primary-item"> <button class="usa-accordion__button usa-nav__link " aria-expanded="false" aria-controls="extended-mega-nav-section-4"> <span>News & Policy</span> </button> <div id="extended-mega-nav-section-4" class="usa-nav__submenu usa-megamenu" hidden=""> <div class="grid-row grid-gap-4"> <div class="desktop:grid-col-3"> <div class="usa-nav__submenu-item"> <a href="/news-policy" class="usa-nav__link-level-two" > <span>News & Policy Overview</span> </a> </div> </div> <div class="desktop:grid-col-3"> <div class="usa-nav__submenu-item"> <a href="/arp-sfa" class="usa-nav__link-level-two" > <span>Special Financial Assistance Program</span> </a> </div> </div> <div class="desktop:grid-col-3"> <div class="usa-nav__submenu-item"> <a href="/prac/multiemployer" class="usa-nav__link-level-two" > <span>Multiemployer Plans</span> </a> </div> </div> <div class="desktop:grid-col-3"> <div class="usa-nav__submenu-item"> <a href="/news/press" class="usa-nav__link-level-two" > <span>Press Room</span> </a> </div> </div> <div class="desktop:grid-col-3"> <div class="usa-nav__submenu-item"> <a href="/news/statements" class="usa-nav__link-level-two" > <span>Statements</span> </a> </div> </div> <div class="desktop:grid-col-3"> <div class="usa-nav__submenu-item"> <a href="/about/pg/pbgc-legislative-affairs" class="usa-nav__link-level-two" > <span>Legislative Affairs</span> </a> </div> </div> <div class="desktop:grid-col-3"> <div class="usa-nav__submenu-item"> <a href="/news/testimony" class="usa-nav__link-level-two" > <span>Congressional Testimony</span> </a> </div> </div> <div class="desktop:grid-col-3"> <div class="usa-nav__submenu-item"> <a class="usa-nav__link usa-nav__link-level-two" href="/about/projections-report"> <span><strong>PBGC Projections Report</strong></span> </a> </div> <ul id="basic-nav-section-8" class="usa-nav__submenu-list"> <li class="usa-nav__submenu-item"> <a href="/about/projections-report/pension-insurance-modeling-system" > <span>Pension Insurance Modeling System (PIMS)</span> </a> </li> </ul> </div> </div> </div> </li> <li class="usa-nav__primary-item"> <a href="/mypba" class="usa-nav__link" > <span>MyPBA Login</span> </a> </li> </ul> <div class="usa-nav__secondary"> <ul class="usa-nav__secondary-links"> <li class="usa-nav__secondary-item"> <a href="/about/pg/contact/contact"> Contact Us </a> </li> <li class="usa-nav__secondary-item"> <a href="/glossary"> Glossary </a> </li> <li class="usa-nav__secondary-item"> <a href="/about/policies/pg/pbgc-assistance-in-other-languages"> Languages </a> </li> <li hreflang="en" data-drupal-link-system-path="<front>" class="usa-nav__secondary-item pbgc-language-picker is-active" aria-current="page"> <a href="/" class="language-link is-active" hreflang="en" data-drupal-link-system-path="<front>" aria-current="page">English</a> </li> <li hreflang="es" data-drupal-link-system-path="<front>" class="usa-nav__secondary-item pbgc-language-picker"> <a href="/es" class="language-link" hreflang="es" data-drupal-link-system-path="<front>">Español</a> </li> </ul> <form class="usa-search usa-search--small" action="/search/node" method="get" id="search-block-form--2" accept-charset="UTF-8"> <div role="search"> <input class="usa-input" id="extended-search-field-small" type="search" name="key" placeholder="Search"/> <button class="usa-button" type="submit"> <span class="usa-sr-only">Search</span> </button> </div> </form> </div> </div> </nav> </header> <main class="main-content usa-layout-docs usa-section " role="main" id="main-content"> <div class="grid-container"> <div class="grid-row"> </div> <div class=""> <div id="block-translationalert" class="block block-block-content block-block-content48f0e4e1-eae9-48ef-b724-10654fe93593"> <div id="translation-alert" aria-labelledby="translation-alert-heading" aria-describedby="translation-alert-description" class="usa-modal"> <div class="usa-modal__content"> <div class="usa-modal__main"> <div class="usa-prose" id="translation-alert-description"> <div class="field field--name-field-text-area field--type-text-long field--label-hidden field__item"><p>This page has not been translated. Please go to PBGC.gov's <a href="/es">Spanish home page</a> for more information available in Spanish.</p> <p>Esta página no ha sido traducida. Por favor vaya a la <a href="/es">página principal del sitio de español </a>de PBGC para ver información disponible en español.</p> </div> </div> </div> <button class="usa-button usa-modal__close" aria-label="Close this window" data-close-modal title="Close"> <svg class="usa-icon" aria-hidden="true" focusable="false" role="img"> <use xlink:href="/themes/custom/pbgc_theme/assets/img/sprite.svg#close"></use> </svg> </button> </div> </div> </div> <div data-drupal-messages-fallback class="hidden"></div> </div> <div class="grid-row "> </div> <div class="grid-row grid-gap"> <div class="usa-layout-docs__main desktop:grid-col-fill"> <div id="block-pbgc-theme-content" class="block block-system block-system-main-block"> <article data-history-node-id="921974"> <div> <div class="_none"> <div class="full-width"> <div class="layout grid-row grid-gap layout-builder__layout row"> <div class="grid-col-12"> <section class="_none usa-hero--3486 block block-block-content block-block-content374eb4a3-5ae1-4040-9a37-0902881ca4bb usa-hero pbgc-hero--dark" aria-label="Introduction"> <div class="grid-container"> <div class="usa-hero__callout"> <h1 class="usa-hero__heading"> Workers & Retirees </h1> <p>Manage your pension, get your 1099-R, and more.</p> <a class="usa-button" href="/workers-retirees">Read More</a> </div> </div> </section> </div> </div> </div> </div><div class="_none margin-2"> <div class="grid-container padding-x-0"> <div class="layout grid-row grid-gap layout-builder__layout row"> <div class="desktop:grid-col-6 tablet:grid-col-6 grid-col-12"> <article class="text-center _none pbgc-card--bordered pbgc-card--full-link usa-card pbgc-card"> <div class="usa-card__container"> <header class="usa-card__header"> <h2 class="usa-card__heading"> <a class="usa-link" href="/prac/other-guidance/Disaster-Relief">Disaster Relief</a> </h2> </header> <div class="usa-card__media"> <div class="usa-card__img"> <img loading="lazy" src="/sites/default/files/styles/card_full_image_style/public/images/sidekick-disaster-relief.jpg?itok=W80iv-4R" width="480" height="254" alt="" /> </div> </div> <div class="usa-card__body"> <div class="field field--name-field-text-area field--type-text-long field--label-hidden field__item"><p>Disaster Relief: Filing extensions for affected areas.</p> </div> </div> <div class="usa-card__footer"> <a class="usa-button" href="/prac/other-guidance/Disaster-Relief">Read More</a> </div> </div> </article> </div> <div class="desktop:grid-col-6 tablet:grid-col-6 grid-col-12"> <article class="text-center _none pbgc-card--bordered pbgc-card--full-link usa-card pbgc-card"> <div class="usa-card__container"> <header class="usa-card__header"> <h2 class="usa-card__heading"> <a class="usa-link" href="/arp-sfa">Special Financial Assistance Program</a> </h2> </header> <div class="usa-card__media"> <div class="usa-card__img"> <img loading="lazy" src="/sites/default/files/styles/card_full_image_style/public/images/sfa-sidekick-image.png?itok=VlDR2tDd" width="480" height="254" alt="" /> </div> </div> <div class="usa-card__body"> <div class="field field--name-field-text-area field--type-text-long field--label-hidden field__item"><p>For financially troubled multiemployer pension plans.</p></div> </div> <div class="usa-card__footer"> <a class="usa-button" href="/arp-sfa">Read More</a> </div> </div> </article> </div> </div> </div> </div> <div class="layout grid-row grid-gap layout-builder__layout row"> <div class="grid-col-12"> </div> </div> <div class="text-center _none padding-bottom-4 margin-1"> <div class="grid-container padding-x-0"> <div class="layout grid-row layout-builder__layout row no-gutters"> <div class="grid-col-12"> <div class="text-center _none block block-layout-builder block-inline-blockbasic"> <div class="field field--name-body field--type-text-with-summary field--label-hidden field__item"><h1>Welcome to PBGC!</h1> <p>We protect the retirement security of about 31 million Americans in single-employer and multiemployer pension plans. Our goal is to provide the highest level of customer support and to protect workers’ and retirees’ hard-earned pension benefits.</p> </div> </div> </div> </div> </div> </div><div class="text-center _none"> <div class="grid-container padding-x-0"> <div class="layout grid-row grid-gap layout-builder__layout row"> <div class="desktop:grid-col-4 tablet:grid-col-4 grid-col-12"> <article class="_none pbgc-card--bordered pbgc-card--full-link pbgc-card--small-image usa-card pbgc-card"> <div class="usa-card__container"> <header class="usa-card__header"> <h2 class="usa-card__heading"> <a class="usa-link" href="/new-to-pbgc">New to PBGC</a> </h2> </header> <div class="usa-card__media"> <div class="usa-card__img"> <img loading="lazy" width="480" class="no-image-style" src="/sites/default/files/2021-08/handshake_0.svg" alt="" /> </div> </div> <div class="usa-card__body"> <div class="field field--name-field-text-area field--type-text-long field--label-hidden field__item"><p>If you recently received a letter telling you that PBGC is now responsible for paying your pension benefit, this page is your gateway to PBGC.</p></div> </div> </div> </article> </div> <div class="desktop:grid-col-4 tablet:grid-col-4 grid-col-12"> <article class="_none pbgc-card--bordered pbgc-card--full-link pbgc-card--small-image usa-card pbgc-card"> <div class="usa-card__container"> <header class="usa-card__header"> <h2 class="usa-card__heading"> <a class="usa-link" href="/workers-retirees">Workers & Retirees</a> </h2> </header> <div class="usa-card__media"> <div class="usa-card__img"> <img loading="lazy" width="480" class="no-image-style" src="/sites/default/files/2021-08/people-icon_0.svg" alt="" /> </div> </div> <div class="usa-card__body"> <div class="field field--name-field-text-area field--type-text-long field--label-hidden field__item"><p>Since 1974, we’ve made a commitment to protect the pension benefits of about 31 million workers and retirees, and their families, we serve.</p></div> </div> </div> </article> </div> <div class="desktop:grid-col-4 tablet:grid-col-4 grid-col-12"> <article class="_none pbgc-card--bordered pbgc-card--full-link pbgc-card--small-image usa-card pbgc-card"> <div class="usa-card__container"> <header class="usa-card__header"> <h2 class="usa-card__heading"> <a class="usa-link" href="/prac">Employers & Practitioners</a> </h2> </header> <div class="usa-card__media"> <div class="usa-card__img"> <img loading="lazy" width="480" class="no-image-style" src="/sites/default/files/2021-08/bar-chart_2.svg" alt="" /> </div> </div> <div class="usa-card__body"> <div class="field field--name-field-text-area field--type-text-long field--label-hidden field__item"><p>Are you an employer or practitioner responsible for the administration of a pension plan? If so, this is your portal to working with PBGC.</p></div> </div> </div> </article> </div> </div> </div> </div><div class="_none"> <div class="grid-container padding-x-0"> <div class="layout grid-row grid-gap layout-builder__layout row"> <div class="grid-col-12"> <div class="views-element-container bg-primary-lighter bg-color _none padding-left-3 padding-top-3 padding-right-3 block block-views block-views-blocknews-featured-press-releases"> <div><div class="featured-press-releases grid-row grid-gap js-view-dom-id-e18fd36a5f2d8ecb252922a5b5a587a12652f207a3ef65d700436b86e2aeab03"> <div class="desktop:grid-col-4 tablet:grid-col-4 grid-col-12"> <article data-history-node-id="953221" class="pbgc-card--featured usa-card pbgc-card"> <div class="usa-card__container"> <header class="usa-card__header"> <h2 class="usa-card__heading"> <a class="usa-link" href="/news/press/releases/pr25-006"> President names Davey Grubbs as new member to PBGC Advisory Committee </a> </h2> </header> <div class="usa-card__media"> <header class="usa-card__header"> <h3 class="usa-card__heading">Press Release</h3> </header> <div class="card-break"> <hr> <i class="grid-element"> <svg class="usa-icon" aria-hidden="true" focusable="false" role="img"> <use xlink:href="/themes/custom/pbgc_theme/assets/img/sprite.svg#announcement"></use> </svg> </i> </hr> <hr> </div> </div> <div class="usa-card__body"> <div class="pbgc-card__date margin-y-2"> <time datetime="2025-01-16T12:00:00Z">January 16, 2025</time> </div> <div class="field field--name-body field--type-text-with-summary field--label-hidden field__item"> <div class="usa-card__description"><p>WASHINGTON — President Joseph R. Biden Jr. recently appointed Davey Grubbs of North Carolina as a new member to serve on the Advisory Committee of the Pension Benefit Guaranty Corporation (PBGC). Grubbs will serve as a member representing the interests of the general public. “Davey will contribute his expertise, perspective...</p> </div> </div> </div> </div> </article> </div> <div class="desktop:grid-col-4 tablet:grid-col-4 grid-col-12"> <article data-history-node-id="953216" class="pbgc-card--featured usa-card pbgc-card"> <div class="usa-card__container"> <header class="usa-card__header"> <h2 class="usa-card__heading"> <a class="usa-link" href="/news/press/releases/pr25-005"> PBGC approves SFA application for UNITE HERE Fund </a> </h2> </header> <div class="usa-card__media"> <header class="usa-card__header"> <h3 class="usa-card__heading">Press Release</h3> </header> <div class="card-break"> <hr> <i class="grid-element"> <svg class="usa-icon" aria-hidden="true" focusable="false" role="img"> <use xlink:href="/themes/custom/pbgc_theme/assets/img/sprite.svg#announcement"></use> </svg> </i> </hr> <hr> </div> </div> <div class="usa-card__body"> <h4 class="usa-collection__heading"><i>UNITE HERE Fund averts insolvency and reduction of benefits through receipt of special financial assistance</i></h4> <div class="pbgc-card__date margin-y-2"> <time datetime="2025-01-15T12:00:00Z">January 15, 2025</time> </div> <div class="field field--name-body field--type-text-with-summary field--label-hidden field__item"> <div class="usa-card__description"><p>WASHINGTON — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the Legacy Plan of the UNITE HERE Retirement Fund (UNITE HERE Fund). The plan, based in White Plains, New York, covers 91,744 participants in the...</p> </div> </div> </div> </div> </article> </div> <div class="desktop:grid-col-4 tablet:grid-col-4 grid-col-12"> <article data-history-node-id="953211" class="pbgc-card--featured usa-card pbgc-card"> <div class="usa-card__container"> <header class="usa-card__header"> <h2 class="usa-card__heading"> <a class="usa-link" href="/news/press/releases/pr25-004"> PBGC approves SFA application for Laborers Local No. 265 Plan </a> </h2> </header> <div class="usa-card__media"> <header class="usa-card__header"> <h3 class="usa-card__heading">Press Release</h3> </header> <div class="card-break"> <hr> <i class="grid-element"> <svg class="usa-icon" aria-hidden="true" focusable="false" role="img"> <use xlink:href="/themes/custom/pbgc_theme/assets/img/sprite.svg#announcement"></use> </svg> </i> </hr> <hr> </div> </div> <div class="usa-card__body"> <h4 class="usa-collection__heading"><i>Laborers Local No. 265 Plan averts insolvency and reduction of benefits through receipt of special financial assistance</i></h4> <div class="pbgc-card__date margin-y-2"> <time datetime="2025-01-13T12:00:00Z">January 13, 2025</time> </div> <div class="field field--name-body field--type-text-with-summary field--label-hidden field__item"> <div class="usa-card__description"><p>WASHINGTON — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the Laborers' International Union of North America Local No. 265 Pension Plan (Laborers Local No. 265 Plan). The plan, based in Cincinnati, Ohio, covers 1,460...</p> </div> </div> </div> </div> </article> </div> </div> </div> </div> <div class="views-element-container _none padding-top-5 block block-views block-views-blockwhats-new-whats-new-featured-home-page"> <div><div class="usa-prose usa-card text-center js-view-dom-id-b626a7694604ad8d8333f85d14e317a830e76e400ffd8a991e1aa6dd8cc5fe33"> <header> <h2 class="practitoner-news icon usa-card__heading">Practitioner News</h2> </header> <div class="margin-y-2"><p><a href="/prac/whatsnew">Miscellaneous Corrections, Clarifications, and Improvements Proposed Rule</a> (January 17)</p></div> <div class="margin-y-2"><p><a href="/prac/whatsnew">2025 Premium Filing Instructions</a> (January 13)</p></div> <div class="margin-y-2"><p><a href="/prac/whatsnew">Annual Update of Maximum Civil Monetary Penalty</a> (January 8)</p></div> </div> </div> </div> </div> </div> </div> </div><div class="pbgc-home-page-search bg-primary-dark bg-color text-white padding-5 _none margin-top-4 margin-bottom-4"> <div class="grid-container padding-x-0"> <div class="layout grid-row grid-gap layout-builder__layout row"> <div class="grid-col-12"> <div class="text-center _none margin-bottom-2 block block-layout-builder block-inline-blockbasic"> <div class="field field--name-body field--type-text-with-summary field--label-hidden field__item"><h2>What Are You Looking For?</h2> <p>Are you or a family member looking for a pension benefit, checking to see if your employer’s pension plan is insured by PBGC or has been trusteed by PBGC? 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Reports</a><br><a class="usa-link" href="/prac/laws-and-regulation/federal-register-notices-open-for-comment">Federal Register Notices Open for Comment</a><br><a class="usa-link" href="/prac/laws-and-regulations.html">Laws and Regulations</a><br><a class="usa-link" href="/open/index.html">PBGC Data Sets</a><br><a class="usa-link" href="/prac/laws-and-regulations/reducing-regulatory-burden">Reducing Regulatory Burden</a></p> </div> </div> </div> <div class="desktop:grid-col-4 tablet:grid-col-4 grid-col-12"> <div class="_none block block-layout-builder block-inline-blockbasic"> <div class="field field--name-body field--type-text-with-summary field--label-hidden field__item"><div class="h3">Customer Contact</div> <p>For Workers & Retirees <br><a class="usa-link" href="tel:1-800-400-7242">1-800-400-7242</a><br>8:00 a.m. to 7:00 p.m. Eastern Time Monday Through Friday<br>(Except <a class="usa-link" href="https://www.opm.gov/policy-data-oversight/pay-leave/federal-holidays">Federal 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