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Pension Benefit Guaranty Corporation

To restore their pension, Plasterers reduce benefits

Jan 15, 2019

The 2008 financial crisis is still claiming new victims.

Trump labor bureau appointments: Still vacant

Jan 15, 2019

At the Labor Department, half the top jobs remain unfilled.

Congress looks at failing multi-employer pensions

Jan 2, 2018

One solution, favored by many Democrats, is to have the Treasury step in to help.

Treasury rejects Teamster pension cuts

May 13, 2016

The proposed pension cuts to 300,000 retirees are unfair and confusing — and not deep enough to prevent insolvency.

No Picture

PBGC readies rules to cut retiree pension benefits

Jun 30, 2015

Severely distressed union pension plans may soon start cutting benefits for existing retirees.

Big change to law on union pensions

Feb 4, 2015

Pensioners could share the pain under a new law that lets trustees cut benefits to make plans solvent

Congress passes major change to law on union pensions

Dec 16, 2014

Told no bailout would be coming, trustees asked for the right to trim benefits to save the fund

Congress to weigh letting union pension plans cut benefits to remain solvent

Nov 12, 2013

Wall Street losses are putting pension plans — and union construction firms — at risk

Unions ask Congress to let distressed pensions trim retiree benefits

May 1, 2013

10 million workers are covered by multiemployer pensions, but at least half are in serious trouble

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