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In 1974, Congress passed the Employee Retirement Income Security Act (ERISA), the foundation for a sound and workable pension insurance program that guaranteed workers' benefits in private pension plans.
PBGC issued its first pension check for $140.75 on February 28, 1975, to a participant in the International City Bank of New Orleans Employees Retirement Plan.
For prior legislative history, please see the 2012 Green Book.
After 2016, the flat-rate premium will again be indexed to increases in the average national wage.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Federal Deposit Insurance | 1933 | $5.5B | 5,977 | - |
| Commodity Futures Trading Commission | 1975 | - | 668 | - |
| Latham & Watkins | 1934 | $4.3B | 3,000 | 1 |
| U.S. Securities and Exchange Commission | 1934 | $370.0M | 4,301 | - |
| Federal Trade Commission | 1914 | $106.8M | 1,131 | - |
| Ginnie Mae | 1968 | $17.0M | 140 | - |
| Consumer Financial Protection Bureau | 2010 | $90.0M | 1,591 | - |
| Office of the Comptroller of the Currency | 1863 | $350.0M | 3,518 | 1 |
| Hammerman & Gainer | 1929 | $11.0M | 126 | - |
| National Labor Relations Board | 1935 | $130.0M | 1,628 | - |
Zippia gives an in-depth look into the details of Pension Benefit Guaranty, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Pension Benefit Guaranty. The employee data is based on information from people who have self-reported their past or current employments at Pension Benefit Guaranty. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Pension Benefit Guaranty. The data presented on this page does not represent the view of Pension Benefit Guaranty and its employees or that of Zippia.
Pension Benefit Guaranty may also be known as or be related to Pension Benefit Guaranty, Pension Benefit Guaranty Corporation, Pension Benefit Guaranty Corporation (pbgc) and The Pension Benefit Guaranty Corporation (PBGC).