Which organization helps locate pension benefits?

The Pension Benefit Guaranty Corporation (PBGC) is the organization specifically established to protect the retirement incomes of American workers in private sector defined benefit pension plans. It plays a critical role in assisting individuals who may have lost track of their pension benefits, especially in cases where a company has gone out of business or the pension plan has been terminated. The PBGC provides resources and guidance on how to locate pension benefits, ensuring retirees can access their earned retirement funds.

In contrast, while the other organizations may offer services related to pensions, they do not have the same mandate or broad authority as the PBGC when it comes to locating and securing pension benefits for individuals. The Pension Fund Assistance Bureau and the Society of Pension Resources may focus on specific needs within the pension landscape but do not serve as the overarching federal agency entrusted with this important role. The Department of Labor Pension Division also plays a significant role in regulating pension plans but primarily outlines laws and guidelines rather than directly helping individuals locate benefits.