PBGC Aims To Settle Union Trustees' $132M Bailout Fight

By Kellie Mejdrich · July 17, 2026, 2:40 PM EDT

The Pension Benefit Guaranty Corp. and trustees of a union bakery drivers' pension fund told a New York federal judge Friday that they're working to settle a dispute over the agency's...

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Case Information

Case Title

Board of Trustees of the Bakery Drivers Local 550 and Industry Pension Fund v. Pension Benefit Guaranty Corporation

Case Number

2:23-cv-01595

Court

New York Eastern

Nature of Suit

Labor: E.R.I.S.A.

Date Filed

March 01, 2023