Pension Insurance Agency Reports Surplus for Fifth Straight Year

The Pension Benefit Guaranty Corporation reported having a surplus for the fifth consecutive year in both its multi-employer and single-employer insurance programs.

The agency released its fiscal year 2025 annual report on Tuesday, which showed $2.6 billion in assets in the multi-employer program and $62.2 billion in assets in the single-employer program.

The nation’s private pension insurer said the improvements in financial positions were the result of premium and investment income. The annual report said the single-employer program is projected to remain in a positive net financial position for the next decade, while the multi-employer program is likely to remain ...