Pension Benefit Guaranty Corporation

PENSION BENEFIT GUARANTY CORPORATION

1200 K Street NW., Washington, DC 20005

Phone, 202-326-4000; 800-400-4272 (toll-free). Internet, http://

www.pbgc.gov/.

Board of Directors:

Chairman (Secretary of Labor) Alexis M. Herman

Members:

(Secretary of the Treasury) Robert E. Rubin

(Secretary of Commerce) William M. Daley

Officials:

Executive Director David M. Strauss

Deputy Executive Director and Chief Negotiator Nell Hennessy

Director, Corporate Finance and Andrea E. Schneider

Negotiations Department

Director, Participant and Employer Harriet D. Verburg

Appeals Department

Deputy Executive Director and Chief Operating Joseph H. Grant

Officer

General Counsel James J. Keightley

Director, Corporate Policy and Stuart A. Sirkin

Research Department

Director, Insurance Operations Bennie L. Hagans

Department

Deputy Executive Director and Chief Financial N. Anthony Calhoun

Officer

Director, Contracts and Controls Dale Williams

Review Department

Director, Financial Operations Edward Knapp

Department

Director, Information Resources Cris Birch

Management Department

Deputy Executive Director and Chief Management John Seal

Officer

Director, Budget Department Henry R. Thompson

Director, Facilities and Services Janet A. Smith

Department

Director, Human Resources Department Sharon Barbee-Fletcher

Director, Procurement Department Robert W. Herting

Assistant Executive Director for Legislative and Judy Schub

Congressional Affairs

Director, Communications and Public Affairs Judith Welles

Department

Inspector General Wayne Robert Poll

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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 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...