PBGC Streamlines Direct Express Debit Card Sign-Ups
Published Date: 3/18/2026
Notice
Summary
The Pension Benefit Guaranty Corporation (PBGC) wants to start collecting info to help people sign up for the Direct Express debit card. This new form will make enrollment easier and more organized. If you’re affected, you can share your thoughts by May 18, 2026—no cost or hassle expected!
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
PBGC moves paper checks to Direct Express
PBGC will transition recipients getting paper checks to electronic payments and may enroll them in the Direct Express prepaid debit card. PBGC expects about 10,000 enrollment forms in the first year and about 2,000 per year after (4,667 per year on average), the form takes about 10 minutes to complete and costs $0, and PBGC estimates a total annual burden of 778 hours. Comments on the proposed collection are due May 18, 2026, and PBGC will seek OMB approval of the form for 3 years.
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