How do I find my pension plan?
Here's how to track down a pension from a former employer:
- Contact your former employer.
- Consider financial and insurance companies.
- Search at the Pension Benefit Guaranty Corporation.
- Collect the paperwork.
- Look into spousal payments.
- Make sure you are vested.
When can I collect my PBGC pension?
You will start to receive payments about three months after you contact PBGC about your pension benefits. For example, if you contact us during January, the soonest your benefit can start is April 1.
Does the PBGC still exist?
Since 1974, we've made a commitment to protect the pension benefits of over 33 million workers and retirees, and their families, we serve.
What is the PBGC maximum guaranteed benefits?
Under this circumstance, the maximum guarantee may be set as of the date the sponsor entered bankruptcy. An earlier date may apply to certain airline industry plans. For 2019, the maximum guaranteed amount is $5,607.95 per month ($67,295.40 per year) for workers who begin receiving payments from PBGC at age 65.