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This page has not been translated. Please go to PBGC.gov's Spanish home page for more information available in Spanish.

Esta página no ha sido traducida. Por favor vaya a la página principal del sitio de español de PBGC para ver información disponible en español.

# Press Room

### 2023

                                -  Apr6  PBGC Approves Supplemented SFA Application for NYS Teamsters Conference Plan
**WASHINGTON, D.C.** — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the New York State Teamsters Conference Pension and Retirement Plan (NYS Teamsters Conference Plan). The plan, based in Syracuse, New York, covers 33,643 participants in the transportation industry.
- Press Release:                       23-017 
 

                                -  Apr5  PBGC Approves Supplemented SFA Application for Local 783 Plan
**WASHINGTON, D.C.** — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Cement Masons Local 783 Pension Plan (Local 783 Plan). The plan, based in Houston, Texas, covers 51 participants in the construction industry.
- Press Release:                       23-016 
 

                                -  Apr5  PBGC Approves Supplemented SFA Application for Local 681 Plan
**WASHINGTON, D.C.** — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Cement Masons Local Union 681 Pension Plan (Local 681 Plan). The plan, based in Houston, Texas, covers 196 participants in the construction industry.
- Press Release:                       23-015 
 

                                -  Apr5  PBGC Approves Supplemented SFA Application for Teamsters Local 52 Plan
**WASHINGTON, D.C.** — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Teamsters Local Union No. 52 Pension Fund (Teamsters Local 52 Plan). The plan, based in Valley View, Ohio, covers 769 participants in the transportation industry.
- Press Release:                       23-014 
 

                                -  Feb17  PBGC Approves Supplemented SFA Application for Freight Drivers Local 557 Plan
**WASHINGTON, D.C.** — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Freight Drivers and Helpers Local Union No. 557 Pension Plan (Freight Drivers Local 557 Plan). The plan, based in Baltimore, Maryland, covers 2,273 participants in the transportation industry.
- Press Release:                       23-013 
 

                                -  Feb17  PBGC Approves Supplemented SFA Application for Sheet Metal Workers Plan
**WASHINGTON, D.C.** — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Sheet Metal Workers Local Pension Plan (Sheet Metal Workers Plan). The plan, based in Massillon, Ohio, covers 1,649 participants in the construction industry.
- Press Release:                       23-012 
 

                                -  Feb17  PBGC Approves Supplemented SFA Application for Local 1482 Plan
**WASHINGTON, D.C.** — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Retirement Plan of Local 1482 – Paint and Allied Products Manufacturers Retirement Fund (Local 1482 Plan). The plan, based in the New York Metropolitan Area, covers 152 participants in the manufacturing industry.
- Press Release:                       23-011 
 

                                -  Feb17  PBGC Approves Supplemented SFA Application for GWU Local 610 Plan
**WASHINGTON, D.C.** — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Gastronomical Workers Union Local 610 and Metropolitan Hotel Association Pension Fund (GWU Local 610 Plan). The plan, based in San Juan, Puerto Rico, covers 2,624 participants in the hospitality industry.
- Press Release:                       23-010 
 

                                -  Jan27  PBGC Approves Supplemented SFA Application for GCU 2-C Plan
**WASHINGTON, D.C.**— The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Graphic Communications Union Local 2-C Retirement Benefit Plan (GCU 2-C Plan). The plan, based in Warren, Michigan, covers 535 participants in the printing industry.
- Press Release:                       23-009 
 

                                -  Jan27  PBGC Approves Supplemented SFA Application for Painters Local 466 Plan
**WASHINGTON, D.C.** — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Local Union No. 466 Painters, Decorators and Paperhangers Pension Plan (Painters Local 466 Plan). The plan, based in Menands, New York, covers 45 participants in the construction industry.
- Press Release:                       23-008 
 

                                -  Jan27  PBGC Approves Supplemented SFA Application for Detroit Newspaper Union Plan
**WASHINGTON, D.C.** — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Retirement Benefit Plan of GCIU Detroit Newspaper Union 13N with Detroit Area Newspaper Publishers (Detroit Newspaper Union Plan). The plan, based in Warren, Michigan, covers 563 participants in the printing industry.
- Press Release:                       23-007 
 

                                -  Jan27  PBGC’s John Hanley Named Chief of Negotiations and Restructuring
**WASHINGTON, D.C.** – Today, the Pension Benefit Guaranty Corporation (PBGC) announced the appointment of John Hanley as Chief of Negotiations and Restructuring.
- Press Release:                       23-006 
 

                                -  Jan26  PBGC Approves SFA Application for Plasterers Local 82 FundPlasterers Local 82 Fund Will Restore Benefits Through Receipt of Special Financial Assistance
**WASHINGTON, D.C.** — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the Plasterers Local 82 Pension Fund (Plasterers Local 82 Fund).
- Press Release:                       23-005 
 

                                -  Jan26  PBGC Approves SFA Application for Alaska Ironworkers PlanAlaska Ironworkers Plan Will Restore Benefits Through Receipt of Special Financial Assistance
**WASHINGTON, D.C.** — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the Alaska Ironworkers Pension Plan (Alaska Ironworkers Plan).
- Press Release:                       23-004 
 

                                -  Jan25  PBGC SFA Rule Adds Exception Process for Certain Withdrawal Liability ConditionsMultiemployer pension plans that receive special financial assistance may request an exception for certain withdrawal liability conditions
**WASHINGTON, D.C**. — The Pension Benefit Guaranty Corporation (PBGC) today announced a final rule amending the special financial assistance (SFA) regulation to add an exception process for certain withdrawal liability conditions that apply to a plan that receives SFA. The amendment is responsive to public comments received on the SFA final rule published on July 8, 2022.
- Press Release:                       23-003 
 

                                -  Jan20  Statement on SFA Application submitted by Bakery Drivers Local 550 Pension Fund
On September 28, 2022, the Pension Benefit Guaranty Corporation received an application for Special Financial Assistance (SFA) for the Bakery Drivers Local 550 and Industry Pension Fund (the “Plan”) requesting $132,250,472 in SFA.
- statement:                       08 
 

                                -  Jan18  PBGC Approves Supplemented SFA Application for Local 641 Plan
**WASHINGTON, D.C.** — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Teamsters Local 641 Pension Plan (Local 641 Plan).
- Press Release:                       23-002 
 

                                -  Jan18  PBGC Approves Supplemented SFA Application for GCIU Local 119B Plan
**WASHINGTON, D.C.** — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the supplemented application submitted to the Special Financial Assistance (SFA) Program by the Printers League Graphic Communications International Union Local 11
- Press Release:                       23-001 
 

### 2022

                                -  Dec22  PBGC Approves SFA Application for Machinists Motor City PlanMachinists Motor City Plan Will Restore Benefits Through Receipt of Special Financial Assistance
**WASHINGTON, D.C.** — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the International Association of Machinists Motor City Pension Plan (Machinists Moto
- Press Release:                       22-62 
 

                                -  Dec22  PBGC Approves SFA Application for Toledo Roofers Local 134 PlanToledo Roofers Local 134 Plan Will Restore Benefits Through Receipt of Special Financial Assistance
**WASHINGTON, D.C.** — The Pension Benefit Guaranty Corporation (PBGC) announced today that it has approved the application submitted to the Special Financial Assistance (SFA) Program by the Toledo Roofers Local No. 134 Pension Plan (Toledo Roofers Local 134 Plan).
- Press Release:                       22-61 
 

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