35years
Gravy route
If I read it correctly, the PBGC site states a maximum benefit of $12,870 per year.
That is for a 30 year pension.
A 20 year pension; PBGC's maximum guarantee cannot exceed $8,580 per year.
So a 25 year pension max benefit would be somewhere in between, assuming the retiree retired at normal retirement age.
Those $5,000+ a month pensions that are underfunded may only yield you $12,870 a year...or less, if you retired before normal retirement age or with less than 30 years in.
Multiemployer Insurance Program Facts
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