Sentences with phrase «of pension benefits owed»

PBGC uses the plan termination date when calculating the present value of pension benefits owed to participants in a PBGC - trusteed single - employer plan.

Not exact matches

He's gotten agreement from two big creditors, the federal pension regulator Pension Benefit Guaranty Corporation (owed $ 15 million), and Silverpoint (owed $ 22 million), the company's main lender on the structure of this pre-packaged, bankruptcy pension regulator Pension Benefit Guaranty Corporation (owed $ 15 million), and Silverpoint (owed $ 22 million), the company's main lender on the structure of this pre-packaged, bankruptcy Pension Benefit Guaranty Corporation (owed $ 15 million), and Silverpoint (owed $ 22 million), the company's main lender on the structure of this pre-packaged, bankruptcy filing.

In addition to PBGC's own searches, members of the public can search to see if they are owed a pension from a private (non-governmental) single - employer defined benefit plan - see Find an Unclaimed Ppension from a private (non-governmental) single - employer defined benefit plan - see Find an Unclaimed PensionPension.

The Pension Benefit Guaranty Corporation is looking for some 15,000 people who are owed pensions after their companies went out of business or closed their pensionPension Benefit Guaranty Corporation is looking for some 15,000 people who are owed pensions after their companies went out of business or closed their pensionpension plans.

According to statistics (2005) that were used to recently amend the Bankruptcy and Insolvency Act, every week in this country there are roughly 200 commercial bankruptcies, 1,000 bankruptcies a month, and roughly 10,000 bankruptcies per year, many of which leave behind employees who are owed back wages, benefits and pension contributions.