Pension Benefit Guaranty Corp. Statement on Central States' Repayment of $126.5 Million in Special Financial Assistance
April 09, 2024
April 09, 2024
WASHINGTON, April 9 -- The Pension Benefit Guaranty Corp. issued the following news release on April 8, 2024:
PBGC is committed to effective stewardship of taxpayer funds. On April 8, 2024, the Central States Pension Plan (Central States) returned to the U.S. Government more than $126.5 million--the portion of the SFA amount paid to the plan based on inaccurate participant census data.
PBGC has been coordinating for several months with the PBGC's Office of the Inspector . . .
PBGC is committed to effective stewardship of taxpayer funds. On April 8, 2024, the Central States Pension Plan (Central States) returned to the U.S. Government more than $126.5 million--the portion of the SFA amount paid to the plan based on inaccurate participant census data.
PBGC has been coordinating for several months with the PBGC's Office of the Inspector . . .