Tuesday, March 3, 2009

Learn about the Pension Benefit Guaranty Corp.

The PBGC insures qualified defined pension plans. This video produced by the PBGC may not be the most exciting video you have seen lately, but it provides a very good explanation of how the PBGC operates.

PBGC is a federal agency that protects pension benefits in private-sector traditional pension plans known as defined benefit plans. If a PBGC-insured plan ends without enough money to pay all promised pension benefits, PBGC's insurance program will pay the pension benefits up to the limits set by law. Learn more by watching this informative video...

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