When PBGC takes over a plan, we send letters to participants letting them know we’re now responsible for paying pension benefits. After that, we begin reviewing the plan’s records to determine each participant’s benefit. When benefit calculations are complete, PBGC sends each participant a formal benefit determination letter. During this process it’s important that we have accurate information for participants in new plans that we take on, as well as plans that we’ve already trusteed. Click here to read entire article.