Pension Benefit Guaranty Corporation
PBGC Plans To Ease Plan Sponsors Burden
The Pension Benefit Guaranty Corporation has unveiled plans to reduce the regulatory burden placed on sponsors of pension plans.
August 23, 2011
PBGC To Buy Wolverine Tube PF
Pension Benefit Guaranty Corporation (PBGC) will acquire the defined benefit plan of Wolverine Tube.
June 29, 2011
PBGC Seizes Schwab Industries DB Plan
The Pension Benefit Guaranty Corporation will take over Schwab Industries’ defined benefit pension plan.
June 8, 2011
PBGC Seizes FBOP Pension Plan
Pension Benefit Guaranty Corporation will take up responsibility for the defined benefit pension plan of former bank holding company, FBOP, which is selling its assets and pension plan, and closing its business.
April 24, 2011
Delphi Provides $3B Financing Details
Delphi Automotive has provided details for its $3 billion debt financing to buy back an equity stake General Motors,
April 21, 2011
Delphi Buys Back $4.3B Stake
Parts maker, Delphi Automotive, has closed a $4.39 billion deal to buy back all of its shares held by General Motors and the federal government’s pension agency.
March 31, 2011
MetLife Appoints CIO New Chief
MetLife will appoint Steven Kandarian as its new president and CEO.
March 21, 2011
PBGC To Assume Relizon Pension Fund
The Pension Benefit Guaranty Corporation will take responsibility of the pension plan of The Relizon Company.
February 20, 2011
PennSERS Hires Investment Chief
Pennsylvania State Employees’ Retirement System has appointed Anthony Clark as CIO.
February 15, 2011
AIG Unit To Get Added Funding For Plan
AIG’s unit, American General Finance (AGF), will get $4 million in additional funding for its pension plans.
February 6, 2011