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General Inquiries Information or
assistance may be obtained by
contacting the Peace Corps' Washington,

DC, headquarters or any of its area offices. Frequently, information is available from local post offices.

For further information, contact the Press Office, Peace Corps, 1990 K Street NW., Washington, DC 20526. Phone, 202-606-3010; or 800_424–8580 (toll-free). Fax, 202-606–3108.

PENSION BENEFIT GUARANTY CORPORATION
1200 K Street NW., Washington, DC 20005
Phone, 202-326-4000

ROBERT B. REICH

ROBERT E. RUBIN
MICHAEL KANTOR

MARTIN SLATE
NELL HENNESSY

JOSEPH H. GRANT

N. ANTHONY CALHOUN

JOHN SEAL

JUDY SCHUB

Board of Directors:
Chairman (Secretary of Labor)
Members:

(Secretary of the Treasury)

(Secretary of Commerce)
Officials:
Executive Director
Deputy Executive Director and Chief

Negotiator
Deputy Executive Director and Chief

Operating Officer
Deputy Executive Director and Chief Financial

Officer
Deputy Executive Director and Chief

Management Officer
Assistant Executive Director for Legislative and

Congressional Affairs
Director, Budget Department
Director, Communications and Public Affairs

Department
Director, Contracts and Controls Review

Department
Director, Corporate Finance and

Negotiations Department
Director, Corporate Policy and Research

Department
Director, Facilities and Services Department
Director, Financial Operations Department
General Counsel
Director, Human Resources Department
Director, Information Resources

Management Department
Inspector General
Director, Insurance Operations Department
Director, Participant and Employer Appeals

Department
Director, Procurement Department

HENRY R. THOMPSON
JUDITH WELLES

DALE WILLIAMS

ANDREA E. SCHNEIDER

STUART A. SIRKIN

JANET A. SMITH
HAZEL BROADNAX
JAMES J. KEIGHTLEY
SHARON BARBEE-FLETCHER
CRIS BIRCH

WAYNE ROBERT POLL
BENNIE L. HAGANS
HARRIET D. VERBURG

ROBERT W. HERTING

The Pension Benefit Guaranty Corporation guarantees payment of nonforfeitable pension benefits in covered private sector defined benefit pension plans.

The Pension Benefit Guaranty Corporation is a self-financing, wholly owned Government corporation subject to the Government Corporation Control Act (31 U.S.C. 9101-9109). The Corporation, established by Title IV of the Employee Retirement income Security Act of 1974 (29 U.S.C. 13011461), is governed by a Board of Directors consisting of the Secretaries of Labor, Commerce, and the Treasury. The Secretary of Labor is Chairman of the Board. A seven-member Advisory Committee, composed of two labor, two business, and three public members appointed by the President, advises the agency on various matters.

Activities Coverage The Corporation insures most private sector defined benefit pension plans that provide a pension benefit based on factors such as age, years

of service, and salary.

The Corporation administers two insurance programs separately covering single-employer and multiemployer plans. More than 42 million workers participate in approximately 55,000 covered plans. Single-Employer Insurance Under the single-employer program, the Corporation guarantees payment of certain pension benefits if an insured plan terminates without sufficient assets to pay those benefits. However, the law limits the total monthly benefit that the agency may guarantee for one individual to $2,642.05 per month, at age 65, for a plan terminating during 1995, and sets other restrictions on PBGC's guarantee. The Corporation may also pay some benefits above the guaranteed amount depending on amounts recovered from the employer responsible for the plan.

A plan administrator may terminate a single-employer plan in a "standard" or "distress' termination if certain procedural and legal requirements are met. In either termination, the plan

administrator must inform participants in writing at least 60 days prior to the date the administrator proposes to terminate the plan. Only a plan which has sufficient assets to pay all benefit liabilities may terminate in a standard termination. The Corporation also may institute termination proceedings in certain specified circumstances. Multiemployer Insurance Under title IV, as originally enacted, the Corporation guaranteed nonforfeitable benefits for multiemployer plans in a similar fashion as for single-employer plans. However, the multiemployer program was revised in 1980 by the Multiemployer Pension Plan Amendments Act (29 U.S.C. 1001 note) which changed the insurable event from plan termination to plan insolvency. The Corporation now provides financial assistance to plans that are unable to pay nonforfeitable benefits. The plans are obligated to repay such assistance. The act also made employers withdrawing from a plan liable to the plan for a portion of its unfunded vested benefits. Premium Collections All defined benefit pension plans insured by PBGC are required to pay premiums to the Corporation according to rates set by Congress. The annual premium per plan participant for multiemployer pension plans is $2.60 for plan years beginning after September 26, 1988. The basic premium for all single-employer plans is $19 per participant per year. Underfunded single-employer plans must also pay an additional premium equal to $9 per $1,000 of unfunded vested benefits, subject to a cap that will be phased out by the end of 1997.

Sources of Information

The Pension Benefit Guarantee Corporation provides information electronically through the Internet, at http://www.pbgc.gov/.

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For further information, contact the Pension Benefit Guaranty Corporation, 1200 K Street NW.,
Washington, DC 20005–4026. Phone, 202-326 4000.

POSTAL RATE COMMISSION 1333 H Street NW., Washington, DC 20268-0001 Phone, 202-789-6800. Fax, 202-789-6861

Chairman

EDWARD J. GLEIMAN Special Counsel

JAMES PIERCE MYERS Vice Chairman

W.H. LEBLANC III Special Assistant

JOHN B. KEELEY Commissioner

GEORGE W. HALEY Special Assistant

IRVIN H. BROMALL Commissioner

H. EDWARD QUICK, JR. Special Assistant

JANET L. GREENE Commissioner

(VACANCY) Special Assistant

(VACANCY) Special Assistant to the Commission

ROBERT W. MITCHELL Chief Administrative Officer and Secretary MARGARET P. CRENSHAW Legal Advisor

STEPHEN L. SHARFMAN
Director, Office of Rates, Analysis and

ROBERT COHEN
Planning
Assistant Director, Office of Rates, Analysis WILLIAM FERGUSON

and Planning
Director, Office of the Consumer Advocate W. GAIL WILLETTE
Assistant Director, Office of the Consumer E. RAND COSTICH

Advocate Personnel Officer

CYRIL J. PITTACK (For the Postal Rate Commission statement of organization, see the Code of Federal Regulations, Title 39, Part 3002]

The major responsibility of the Postal Rate Commission is to submit recommended decisions to the United States Postal Service Governors on postage rates, fees, and mail classifications.

The Postal Rate Commission is an
independent agency created by the
Postal Reorganization Act, as amended
(39 U.S.C. 3601-3604). It is composed
of five Commissioners, appointed by the
President with the advice and consent of
the Senate, one of whom is designated
as Chairman.

The Commission promulgates rules and regulations, establishes procedures, and takes other actions necessary to carry out its obligations. Acting upon requests from the U.S. Postal Service or on its own initiative, the Commission recommends and issues advisory opinions to the Board of Governors of

the U.S. Postal Service on changes in
rates or fees in each class of mail or type
of service. It studies and submits
recommended decisions on establishing
or changing the mail classification
schedule and holds on-the-record
hearings that are lawfully required to
attain sound and fair recommendations.
It initiates studies on postal matters, such
as cost theory and operations.

The Commission also receives, studies,
conducts hearings, and issues
recommended decisions and reports to
the Postal Service on complaints
received from interested persons relating
to postage rates, postal classifications,

and problems of national scope regarding postal services. Additionally, the Commission has appellate jurisdiction to review Postal Service determinations to close or consolidate small post offices.

Sources of Information
Employment The Commission's
programs require attorneys, economists,
statisticians, accountants, industrial
engineers, marketing specialists, and
administrative and clerical personnel.
Requests for employment information
should be directed to the Personnel
Officer.
Electronic Information Service The
Commission maintains an electronic

bulletin board that provides information
on documents or data provided by or to
the Commission on current proceedings
in electronic format. Phone (modem),
202-789-6891.
Reading Room Facilities for inspection
and copying of records that are available
to the public are located in Suite 300,
1333 H Street NW., Washington, DC.
The room is open from 8 a.m. to 4:30
p.m., Monday through Friday, except
legal holidays.
Rules of Practice and Procedure The
Postal Rate Commission's Rules of
Practice and Procedure governing the
conduct of proceedings before the
Commission may be found in part 3001
of title 39 of the Code of Federal
Regulations.

For further information, contact the Secretary, Postal Rate Commission, 1333 H Street NW., Washington, DC 20268-0001. Phone, 202-789-6840.

RAILROAD RETIREMENT BOARD
844 North Rush Street, Chicago, IL 60611-2092
Phone, 312-751-4776. Fax, 312-751-7154
Office of Legislative Affairs: Suite 500, 1310 G Street NW., Washington, DC 20005–3004
Phone, 202-272-7742. Fax, 202-272–7728

Chairman
Labor Member
Management Member
Inspector General
General Counsel

Deputy General Counsel
Director, Hearings and Appeals

Director, Legislative Affairs
Director, Programs
Director, Retirement and Survivor Programs

Director, Retirement Benefits

Director, Survivor Benefits
Director, Disability and Medicare

Operations
Director, Unemployment and Sickness

Insurance
Director, Taxation

Director, Field Service
Director, Administration

Chief Actuary
Chief Financial Officer
Chief Information Officer

GLEN L. BOWER
V.M. SPEAKMAN, JR.
JEROME F. KEVER
MARTIN J. DICKMAN
CATHERINE C. COOK
STEVEN A. BARTHOLOW
DALE G. ZIMMERMAN
MARIAN P. GIBSON
BOBBY V. FERGUSON
ROBERT ). DUDA
KENNETH J. ZOLL
JOHN BAER, Acting
JOHN R. FELDHEIM

JOHN L. THORESDALE

(VACANCY)
RONALD J. DAMMON
KENNETH P. BOEHNE
FRANK J. BUZZI
PETER A. LARSON
JIM WEGMANN

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