Pension Benefit Guaranty Corporation

Pages:503-505
 
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PENSION BENEFIT GUARANTY CORPORATION

1200 K Street NW., Washington, DC 20005

Phone, 202-326-4000; 800-400-4272. Internet, www.pbgc.gov.

Board of Directors:

Chairman (Secretary of Labor) Elaine L. Chao

Members:

(Secretary of the Treasury) John W. Snow

(Secretary of Commerce) Carlos M. Gutierrez

Officials:

Executive Director Bradley D. Belt

Office of Risk Assessment (vacancy)

Chief Technology Officer Rick Hartt

Chief Management Officer and Human Capital John Seal

Officer

Director, Budget Department Henry R. Thompson

Director, Facilities and Services Patricia Davis

Department

Director, Human Resources Department Michele Pilipovich

Director, Procurement Department Robert W. Herting

Director, Process Change Consulting Wilmer Graham

Group

Chief Operating Officer Joseph H. Grant

Director, Benefits Administration Bennie L. Hagans

and Payment Department

Director, Insurance Program Terry Deneen, Acting

Department

Chief Financial Officer Theodore J. Winter, Jr., Acting

Director, Contracts and Controls Martin Boehm

Review Department

Director, Financial Operations Theodore J. Winter, Department Jr.

General Counsel Phil Hertz, Acting

Deputy Executive Director, Office of Policy and Vincent Snowbarger

External Affairs

Director, Communications and Public Randy Clerihue

Affairs Department

Director, Legislative and Regulatory Jim Armbruster, Acting

Department

Director, Policy, Research, and Dave Gustafson, Acting

Analysis Department

Inspector General Robert L. Emmons

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The Pension Benefit Guaranty Corporation guarantees payment of nonforfeitable pension benefits in covered private-sector-defined benefit pension plans.

The Pension Benefit Guaranty Corporation (PBGC) is a self-financing, wholly owned Government corporation subject to the Government Corporation Control Act (31 U.S.C. 9101-9109). The Corporation, established by Title IV of the Employee Retirement Income Security Act of 1974 (29 U.S.C. 1301-1461), is governed by a Board of Directors consisting of the Secretaries of Labor, Commerce, and the Treasury. The Secretary of Labor is Chairman of the Board. A seven-member Advisory Committee, composed of two labor, two business, and three public members appointed by the President, advises the agency on various matters.

Activities

Coverage The Corporation insures most private-sector-defined benefit pension plans that provide a pension benefit based on factors such as age,years of service...

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