New Report Offers Insight into Pension Benefit Guaranty Corporation’s Financial Health
Washington D.C. – The Pension Benefit Guaranty Corporation (PBGC) has released its comprehensive “2022 PBGC Section 4010 Summary Report,” offering a detailed overview of the agency’s financial status and its vital role in safeguarding the retirement security of millions of Americans. The Congressionally-mandated report, made publicly available on govinfo.gov on September 2, 2025, provides an essential look at the landscape of private-sector defined benefit pension plans.
Section 4010 of the Employee Retirement Income Security Act (ERISA) requires the PBGC to collect financial and actuarial data from certain underfunded pension plans. This data is crucial for the PBGC to monitor the financial health of these plans and to identify potential risks to its own insurance program. The “2022 PBGC Section 4010 Summary Report” distills this extensive data into a valuable summary, offering insights into trends, challenges, and the overall stability of the defined benefit pension system.
This annual report serves as a critical tool for policymakers, researchers, and the public to understand the financial well-being of plans that the PBGC insures. It sheds light on key metrics such as funding levels, asset allocation, and the estimated liabilities of plans that fall under the Section 4010 reporting requirements. By providing this transparent look at the data, the PBGC aims to foster informed discussions about retirement policy and the long-term sustainability of pension promises.
The release of the “2022 PBGC Section 4010 Summary Report” underscores the PBGC’s ongoing commitment to fulfilling its mission of protecting participants in defined benefit plans when these plans are unable to pay benefits. The report’s availability on govinfo.gov, the official repository for U.S. government information, ensures easy access for all interested parties seeking to delve into the intricacies of pension plan finance and the PBGC’s oversight responsibilities.
As the retirement landscape continues to evolve, reports like this are invaluable for understanding the challenges and opportunities within the defined benefit pension system and for reinforcing the confidence that participants can have in their earned retirement benefits.
2022 PBGC Section 4010 Summary Report
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