Regulation
Local 210’s Plan Receives $49.3M PBGC Grant
The New York-based plan was projected to become insolvent in 2026.
The transportation industry pension was expected to become insolvent next year.
The plan was among four granted special financial assistance funds by the PBGC this week.
Pensions with a value date between October 1, 2022, and March 1, 2023, may qualify.