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See instructions for descriptions of these events. Check all boxes that apply. Active participant reduction Change in contributing sponsor or controlled group Failure to make required contributions Liquidation Inability to pay benefits when due Extraordinary dividend or stock redemption Distribution to a substantial owner Application for minimum funding waiver Transfer of benefit liabilities Loan default Bankruptcy or similar settlement BRIEF DESCRIPTION Briefly describe the pertinent facts rel ...

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How do I contact PBGC?

Call: 1-800-400-7242 PBGC Customer Contact Center hours are 8:00 a.m. to 7:00 p.m. Eastern Time, Monday \u2013 Friday (except federal holidays).

What is an Erisa reportable event?

(a) Reportable event. A reportable event occurs when the Secretary of the Treasury issues notice that a plan has ceased to be a plan described in section 4021(a)(2) of ERISA, or when the Secretary of Labor determines that a plan is not in compliance with title I of ERISA. (b) Waiver. Notice is waived for this event.

What happens when PBGC takes over pension?

If you are already receiving a pension: You will continue receiving your benefit without interruption during our review. Your PBGC benefit may be less than you were receiving from your plan, because payments are considered an estimate\u2014PBGC's best calculation of the amount we can pay under federal legal limits.

Can you collect PBGC and still work?

Working While Receiving Your Pension PBGC rescinded its working retirement rule as of June 1, 2021. A participant entitled to a retirement benefit who starts receiving payments on or after June 1, 2021, may receive that benefit even if still working for the plan sponsor or related company.