That's because there are some limits to PBGC's insurance of private pensions. Also exempt are pension subsidies that companies offer to entice workers to take early retirement. Bridge benefits are what your company pays you in lieu of Social Security until you qualify for the real thing at age 62. If you do get notice of an under-funded plan, you should probably try to build up other retirement savings besides what your company offers. And if you do get a letter, don't feel singled out just because you work for a small company.
Large firms have to send out the same notice.
They just do it in the first half of the year. Back to Course Resources page.