PBGC Pension Benefit Guarantee Corporation. Federal agency that ensures payment of defined benefit plan benefits when qualified plans terminate without sufficient assets to pay their promised benefits.
PBGC guaranteed benefits the portion of pension benefits that is guaranteed by the PBGC in the event that the pension plan sponsor defaults.
Pension Benefit Guaranty Corporation (PBGC) A federal corporation that insures the benefits of defined benefit pension plans.
Pension Benefit Guaranty Corporation (PBGC) A federal agency that insures the vested benefits of pension plan participants (established in 1974 by the ERISA legislation). Related Terms: ...
PBGC: Pension Benefit Guarantee Corp. The PBGC is a guarantee fund, established by ERISA, which covers all defined benefit pension plans.
PBGC See: Pension Benefit Guaranty Corporation PC See: Participation certificates ...
PBGC See: Pension Benefit Guaranty Corporation PC See: Participation certificates ...
The PBGC was created to ensure that participants in defined benefit pension plans under its jurisdiction will receive at least a basic pension if the plans are terminated because they're underfunded and so unable to meet their obligations.
such as the PBGC in the United States or the PPF in the United Kingdom exists that in its turn is assumed default-free). In this column, the beneficiaries are entitled to full inflation indexation of their liabilities under all scenarios.
PAC See: Planned amortization class PAC See: Preauthorized checks PAD See: Preauthorized electronic debits P/B See: Price to book ratio PBGC See: Pension Benefit Guaranty Corporation PC See: Participation certificates PE ...
MPC MPS MSA MSRB MTE NACHA NAIC NASAA NASAA NASD NASD NASDAQ NASS&LS NCUA NFA NIF NMS NOCH NOW NPR NPV NPV NSCC NSTA NSTS NV NWC NYAC NYACH NYCHA NYSE OARS OBA OBU OCC OCC OCC ODFI OECD OFAC OFHEO OFIA OGBS OIG OPEC ORE OTC OTS P&A PACE PAM PAX PBGC ...
PBGC Acronym for Pension Benefit Guaranty Corporation, which refers to a federal... PCE Deflator, (Personal Consumption Expenditure Deflator) - United States A measure of inflation based on changes in personal consumption. Unlike the...
PENSION BENEFIT GUARANTY CORPORATION (PBGC) The federal government organization that insures the benefits in qualified defined benefit pension plans. The PBGC was established by Title IV of the Employee Retirement Income Security Act (ERISA) in 1974.
In the latter case, the PBGC absorbs the excess liability up to a certain maximum.
Insurance Operations Department (PBGC) Insurance Placement Services, Inc. (State Farm general agency) Insurance policies Insurance policies Insurance policy Insurance Policy Trading Company (UK) Insurance Portability and Accountability Act ...
Pension Benefit Guaranty Corporation (PBGC) A non-profit corporation within the Labor Department that is responsible for insuring Qualified Defined Benefit pension programs in the event the Employer can no longer maintain the program.
Pension Benefit Guaranty Corporation - PBGC A non-profit corporation that functions under the jurisdiction of the Department of Labor and that guarantees the payment of certain pension benefits under defined-benefit plans that have been terminated ...
Pension Benefit Guaranty Corporation (PBGC) (finance term) Related answers: Is a pension plan from 1974-1981still available? Read answer...
See: Preauthorized electronic debits PBGC See: Pension Benefit Guaranty Corporation PC ...
The sponsor of a defined benefit plan that does not have enough money to pay the full benefits it owes to participants and beneficiaries may terminate the plan if the sponsor is financially distressed and is unable to fund the plan. The PBGC will ...
Income Security Act (ERISA): Act regulating pension plans with regard to eligibility for participation, vesting, funding, fiduciary responsibility, and reporting and disclosure. ERISA also created the Pension Benefit Guaranty Corporation (PBGC), ...
See also: Guaranty, ERISA, Expense, Funding, Banks
 
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