What is The Pension Benefit Guaranty Corporation(PBGC)? A U.S. Government Agency
The Pension Benefit Guaranty Corporation (PBGC) is a U.S. Government Agency that claims they protect retirement security and the retirement income for 33 million+ U.S. workers and retirees in private sector defined benefit pension plans. They have been in the news lately for being a federal agency creating a rule to keep records on employees who seek medical exemptions from the Biden administration’s COVID-19 vaccine mandate. The Daily Signal recently reported, the Pension Benefit Guaranty Corp.’s notice on the Federal Register was placed by Hilary Duke, the agency’s assistant general counsel for regulatory affairs. The PBGC listed the notice as: Date: 01/28/22 Proposed Submission of Information Collection for OMB Review; Comment Request; Medical Exception Request and the Federal Register listed the Public Comment and Recommendations notice as Proposed Data Collection Submitted for Public Comment and Recommendations [Reference: Federal Register / Vol. 87, No. 19 / Friday, January 28, 2022 / Notices]
Source: The Federal News Group