The Pension Benefit Guaranty Corporation (PBGC) insures many private-sector defined-benefit pension plans, but it does not cover defined-contribution plans such as 401(k)s. The PBGC is largely funded by premiums paid by defined-benefit plan sponsors. The PBGC covers both single-employer plans and multiemployer plans. The Corporation’s two insurance programs are legally separate and operationally and financially independent. The Single-Employer Insurance Program is financed by insurance premiums, investment income, and assets and recoveries from failed single-employer plans. The Multiemployer Insurance Program is financed by insurance premiums and investment income.
United States
$128
3.89
Ann Orr
David Mudd
Julie A. Su
87% Cash & Fixed Income
12% Equities
0.4% Private market assets
0.6% Other
Asset allocation as of September 30, 2023. All information is as per the most recent annual report or other publicly available data via the fund's website
