Pension Benefit Guaranty Corporation (PBGC)

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 benefits of these participants are valued at more than $3 trillion. 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. The Corporation’s three strategic goals are: Preserve plans and protect the pensions of covered workers and retirees, pay pension benefits on time and accurately, maintain high standards of stewardship and accountability

Asset allocation

Asset allocation are converted to % from actual amount from annual report

87% Cash & Fixed Income

13% Equities

Website

View the annual report

Global Pension Transparency Benchmark country system description

Asset allocation as of September 30, 2021. All information is as per the most recent annual report or other publicly available data via the fund's website