Pension Benefit Guaranty Corporation
type: Class
alternative label: 养老金保障公司
subclass of: R15Bf89EBBcdd05Ca4462a0b
hidden label: PBGC
definition: The Pension Benefit Guaranty Corporation (PBGC) is a United States "federally chartered corporation" created to encourage the continuation and maintenance of voluntary private defined benefit pension plans, provide timely and uninterrupted payment of pension benefits, and keep pension insurance premiums at the lowest level necessary to carry out its operations.