Pension Benefit Guaranty Corporation Helps Bailout New York State Teamsters Conference Pension & Retirement Plan
Posted on 11/20/2022
The Pension Benefit Guaranty Corporation (PBGC) approved the Special Financial Assistance Program application of a New York pension plan covering workers and retirees in the transportation industry. The New York State Teamsters Conference Pension & Retirement Plan (NYS Teamsters Conference Plan) will receive US$ 963.4 million in special financial assistance according to a PBGC news…