Sentences with phrase «insures defined benefit plans»

PBGC insures defined benefit plans offered by private - sector employers.

It also created the Pension Benefit Guarantee Corporation to insure defined benefit plans.

Not exact matches

PBGC does not insure defined contribution plans, which are retirement plans that do not promise specific benefit amounts, such as profit - sharing or 401 (k) plans.

PBGC - The Pension Benefit Guaranty Corporation, the federal government agency that insures private defined benefitBenefit Guaranty Corporation, the federal government agency that insures private defined benefitbenefit plans.

You can find out if your pension plan is insured by searching our list of defined benefit pension plans.

(1) A group health plan, defined as an employee welfare benefit plan (as currently defined in section 3 (1) of the Employee Retirement Income and Security Act of 1974, 29 U.S.C. 1002 (1)-RRB-, including insured and self - insured plans, to the extent that the plan provides medical care (as defined in section 2791 (a)(2) of the Public Health Service Act, 42 U.S.C. 300gg - 91 (a)(2)-RRB-, including items and services paid for as medical care, to employees or their dependents directly or through insurance or otherwise, that: