Videos

Mr. Belt spoke about federal protection of pension plans. He discussed the Pension Benefit Guaranty Corp (PBGC) Performance and Accountability Report released the previous day that shows a d…

The Senate Budget Committee held a hearing on the solvency of the United States Pension Benefit Guaranty Corporation (PBGC). The PBGC was created by the Employee Retirement Income Security A…

Mr. Belt talked about the work of the Pension Benefit Guaranty Corporation. The agency offers financial protection for large companies who declare bankruptcy. He focused on current funding l…

Federal officials, airline company executives, and labor representatives testified about airline pension plans. They were questioned about airline business practices, invoking the May bankru…

The witnesses testified about pension issues, including the financial status of the Pension Benefit Guaranty Corporation and proposals to restructure it.

Mr. Belt discussed the recent settlement with United Airlines, which would obligate Pension Benefit Guaranty Corporation to protect the pension plans of about 121,000 workers. The bankruptcy…

Bradley Belt, the Executive Director of the Pension Benefit Guaranty Corporation, talked about federal protection of pensions. His government agency claimed that its current debt would compr…