PBGC Accused of Race Discrimination by Agency Division Leader

July 30, 2024, 5:06 PM UTC

The Pension Benefit Guaranty Corporation unlawfully failed to consider a Black employee for a promotion and retaliated against him for a previous discrimination complaint, a new federal lawsuit alleges.

Officials at the agency discriminated against Olumide Adefemi by discouraging him from applying for an open department director position and declining to interview him, according to a complaint filed Monday in US District Court for the District of Columbia.

The lawsuit comes as the PBGC, which insures private sector pension funds, is facing a wave of criticism over its handling of bailout funds that began when it was reported that the ...

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