Federal Corporation

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August 25, 2024 3 min read Definitions
Pension Benefit Guaranty Corporation (PBGC): Federal Corporation Ensuring Pension Security
Economics Finance Government Regulations PBGC Pensions Retirement ERISA Federal Corporation
The Pension Benefit Guaranty Corporation (PBGC) is a pivotal federal organization established under the Employee Retirement Income Security Act (ERISA) to guarantee basic pension benefits, manage terminated plans, and secure corporate asset liens for unfunded pension liabilities. This entry delves into its operations, funding, and coverage conditions.
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