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Concept information

Preferred term

Pension Benefit Guaranty Corporation  

Definition

  • The Pension Benefit Guaranty Corporation (PBGC) is a government body established by Title IV of the Employee Retirement Income Security Act of 1974 (ERISA) to ensure payment of pension plan benefits when the plans are terminated. The PBGC is headed by an executive director who reports to a board of directors. [Source: Encyclopedia of Business Ethics and Society; Pension Benefit Guaranty Corporation]

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-SHD5LLVW-J

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