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What benefits does the PBGC guarantee?

April 26, 2017Benefits guarantee pbgc

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What benefits does the PBGC guarantee?

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PBGC Spokesperson: The PBGC guarantees “basic benefits” earned before your plan ended&#8212benefits at normal retirement age, most early retirement benefits, benefits for disabilities that occurred before the plan was terminated, and annuity benefits for the survivors of plan participants. The PBGC does not guarantee health care, welfare benefits, vacation, or severance pay. It also does not guarantee benefits for a death or disability that occurs after the plan ended.