Transcription of PBGC 2017 Annual Report
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PBGC 2017 Annual Report
2017 Annual Report P E N S I O N B E N E F I T G U A R A N T Y C O R P O R A T I O N i F Y 2 0 1 7 | A N N U A L R E P O R T A M ESS AG E F RO M OU R CH AI R The Pension Benefit Guaranty Corporation (PBGC) is critical to ensuring retirement security and is committed to protecting Americans hard-earned pensions. Our federal pension insurance agency is facing difficult challenges. Many factors are contributing to a rapid decline in the financial position of the program that protects over 10 million workers and retirees in multiemployer plans. On behalf of the PBGC Board of Directors, I am pleased to present the PBGC s FY 2017 Annual Report , which provides important information about the Corporation s operations and finances.
This annual report is prepared to meet applicable legal requirements and is in accordance with and pursuant to the provisions of: the Government Corporation …
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