Pension Benefit Guaranty Corporation

{"id": 37124, "type": "entities", "links": {"self": "https://littlesis.org/entities/37124-Pension_Benefit_Guaranty_Corporation"}, "attributes": {"id": 37124, "name": "Pension Benefit Guaranty Corporation", "blurb": "Government corporation that insures pensions of 44 million workers & retirees", "types": ["Organization", "Government Body"], "aliases": ["Pension Benefit Guaranty Corporation (PBGC)", "Pension Benefit Guaranty Corporation", "Pension Benefit Guaranty Corp.", "PBGC", "Pension Benefit Guaranty Corp"], "summary": "PBGC is a federal corporation created by the Employee Retirement Income Security Act of 1974. It currently protects the pensions of nearly 44 million American workers and retirees in more than 29,000 private single-employer and multiemployer defined benefit pension plans. PBGC receives no funds from general tax revenues. Operations are financed by insurance premiums set by Congress and paid by sponsors of defined benefit plans, investment income, assets from pension plans trusteed by PBGC, and recoveries from the companies formerly responsible for the plans.", "website": "http://www.pbgc.gov/", "end_date": null, "parent_id": 14682, "extensions": {"Org": {"name": "Pension Benefit Guaranty Corp.", "revenue": null, "employees": null, "name_nick": null, "fedspending_id": null, "lda_registrant_id": null}, "GovernmentBody": {"city": null, "county": null, "state_id": null, "is_federal": true}}, "start_date": "1974-00-00", "updated_at": "2020-11-15T19:28:44Z", "primary_ext": "Org"}}

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