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  • Pbgc Form 715

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Pension Plan Name PBGC Case Number CONTINUE Form 715 page 2 of 3 2. Your Representative - I name the following person as my representative to the Pension Benefit Guaranty Name of Representative 3. PBGC Form 715 Power of Attorney POA Pension Benefit Guaranty Corporation. P. O. Box 151750 Alexandria Virginia 22315-1750 Approved OMB 1212-0055 Expires 09/30/11 For assistance call 1-800-400-7242 PRIVACY ACT NOTICE The Privacy Act of 1974 as amended 5 .

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PBGC typically provides monthly benefits for life. However, you may choose to receive your benefit in one lump sum if: Your plan terminated before 2024 and the value of your benefit is no more than $5,000, or. Your plan terminates in 2024 or later and the value of your benefit is no more than $7,000.

Legal Limits on PBGC's Guarantees Generally, PBGC does not guarantee any monthly pension amount that is greater than the monthly benefit your plan would have provided if you had retired at your normal retirement age.

What happens when PBGC takes over as trustee of my plan? PBGC reviews your plan's records to determine the benefits each person will receive. The amount we pay is subject to limits set by law. If you are already receiving a pension, we will continue paying you without interruption during our review.

On Oct. 18, PBGC announced that the maximum guaranteed benefit at age 65 for terminating plans will rise to $81,000 in 2023 from $74,455 in 2022.

Covered plans must comply with PBGC's rules and requirements, including paying PBGC premiums. Sponsors of covered plans cannot waive coverage.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232