Rethinking the PBGC Premium Structure

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The Pension Benefit Guaranty Corporation (PBGC) was created to encourage the continuation and maintenance of private-sector defined benefit pension plans, provide timely and uninterrupted payment of pension benefits, and keep pension insurance premiums at a minimum. Yet high PBGC Premiums have been cited as an important contributor to the decline in single-employer sponsored pension plans. This webinar explored changes to the single-employer premium structure to better align with the PBGC’s mission. An overview of the differences in the single-employer and multiemployer programs was also be discussed.