Pension Benefit Guaranty Corporation (PBGC): A Fact Sheet Metadata
Metadata describes a digital item, providing (if known) such information as creator, publisher, contents, size, relationship to other resources, and more. Metadata may also contain "preservation" components that help us to maintain the integrity of digital files over time.
Title
- Main Title Pension Benefit Guaranty Corporation (PBGC): A Fact Sheet
Creator
-
Author: Topoleski, John J.Creator Type: PersonalCreator Info: Analyst in Income Security
Publisher
-
Name: Library of Congress. Congressional Research Service.Place of Publication: Washington D.C.
Date
- Creation: 2012-04-16
Language
- English
Description
- Content Description: The Pension Benefit Guaranty Corporation (PBGC) is a federal government agency established in 1974 by the Employee Retirement Income Security Act (ERISA; P.L. 93-406). It was created to protect the pensions of participants and beneficiaries covered by private sector, defined benefit (DB) plans. The PBGC is chaired by the Secretary of Labor, with the Secretaries of the Treasury and Commerce serving as board members. In the 112th Congress, an amendment offered by Senate Majority Leader Harry Reid to S. 1813, Moving Ahead for Progress in the 21st Century (MAP-21), contains provisions that would address the use of excess defined benefit pension plan assets and the interest rates that defined benefit plans use to value plan liabilities.
- Physical Description: 10 pages.
Subject
- Legislative Indexing Vocabulary: Pensions
- Legislative Indexing Vocabulary: Labor
- Legislative Indexing Vocabulary: Aged
- Legislative Indexing Vocabulary: Retirement
Coverage
- Place Name: United States
Collection
-
Name: Congressional Research Service ReportsCode: CRSR
Institution
-
Name: UNT Libraries Government Documents DepartmentCode: UNTGD
Resource Type
- Report
Format
- Text
Identifier
- CRS Report Number: 95-118
- Accession or Local Control No: 95-118_2012Apr16
- Archival Resource Key: ark:/67531/metadc85364