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PBGC Updates Early Warning Program Information

The Pension Benefit Guaranty Corporation (PBGC) has updated the information available on its website concerning its single-employer early warning program. The updated information can be found on PBGC’s Risk Mitigation & Early Warning Program webpage.

The PBGC enhanced and reorganized the information available on its website concerning the program an effort to increase transparency about it. The PBGC also invites dialogue about the program; technical questions can be sent to [email protected].

The PBGC plans to post a new set of early warning program FAQs early in 2017.

Under the single-employer early warning program, the PBGC works with certain employers to preserve their pension plans and protect the retirement security of their workers and retirees. The PBGC strives through the program to help avoid plan termination by working with plan sponsors to obtain protections before a business transaction significantly increases the risk of loss.