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PBGC — Unclaimed Pension Benefits for Employees of Failed Companies

Reward Monthly pension payments guaranteed by federal law up to ~$7,000/month (age 65, 2024 limit). Lump-sum options available in some cases.

The Pension Benefit Guaranty Corporation (PBGC) insures and takes over pension plans from companies that go bankrupt or can no longer fund their pension. PBGC holds unclaimed benefits for tens of thousands of people whose former employers' pension plans were terminated. Former employees may be owed monthly pension payments they don't know about. PBGC has a free searchable database of unclaimed pension participants. Benefits are guaranteed up to legal limits (~$7,000/month for a 65-year-old in 2024). Over $300 million in benefits currently unclaimed.

Reward Monthly pension payments guaranteed by federal law up to ~$7,000/month (age 65, 2024 limit). Lump-sum options available in some cases.
Category unclaimed
Location National
Eligibility Former employees of companies whose defined-benefit pension plans were taken over by PBGC. Use the PBGC "Find My Pension" search tool with your former employer name and years of service.
Source Official Source ↗
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