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The Pension Benefit Guaranty Corporation (PBGC) is a United States federally chartered corporation created by the Employee Retirement Income Security Act of 1974 (ERISA) to encourage the continuation and maintenance of voluntary private defined benefit pension plans, provide timely and uninterrupted payment of pension benefits, and keep pension insurance premiums at the lowest level necessary ...
The Employee Retirement Income Security Act of 1974 ( ERISA) ( Pub. L. 93–406, 88 Stat. 829, enacted September 2, 1974, codified in part at 29 U.S.C. ch. 18) is a U.S. federal tax and labor law that establishes minimum standards for pension plans in private industry. It contains rules on the federal income tax effects of transactions ...
Grace Chao. Education. Stanford University ( BS in Computer Science) Columbia University ( MS in Technology Management) Gordon Hartogensis (born June 17, 1970) is an American businessman, investor, and government official who served as the Director of the Pension Benefit Guaranty Corporation (PBGC) from 2019 to 2024. [1] [2]
Pension Benefit Guaranty Corporation. The Pension Benefit Guaranty Corporation (PBGC) is a federal corporation created under the Employee Retirement Income Security Act of 1974. It currently guarantees payment of basic pension benefits earned by 44 million American workers and retirees participating in over 29,000 private-sector defined benefit ...
Bradley Belt is an American businessman. He is the CEO of Palisades Capital [2] and the managing director of the Milken Institute. [1] He is vice chairman of Orchard Global Asset Management. He is the former executive director of the Pension Benefit Guaranty Corporation (PBGC) in the US, [3] and an expert on retirement security and its impact ...
The Joint Board consists of five members – three appointed by the Secretary of the Treasury and two by the Secretary of Labor – as well as a sixth non-voting member representing the Pension Benefit Guaranty Corporation. The Joint Board administers two examinations to prospective Enrolled Actuaries. After an individual passes the two exams ...
Kandarian is a former executive director of the Pension Benefit Guaranty Corporation, an agency of the United States Government. Kandarian was appointed to head the PBGC on December 2, 2001, by Secretary of Labor Elaine L. Chao, announcing his departure on January 7, 2004. to return to his family in Boston. He left on February 13, 2004.
Alma mater. College of the Holy Cross ( BA) Columbia University ( JD) Occupation. Financial executive, former elected official, former appointed official. Charles E. F. Millard is an American political figure and business executive specializing in pensions and investments. He is the former Director of the United States Pension Benefit Guaranty ...
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