Agency Seeks Comments on Direct Express Card Form
Published Date: 6/24/2026
Notice
Summary
The Pension Benefit Guaranty Corporation wants to keep collecting info to help people sign up for the Direct Express debit card, which lets federal benefit recipients get their money electronically. They’re asking for public feedback by July 24, 2026, to make sure everything’s clear and easy. This won’t cost anyone extra but helps keep benefits flowing smoothly and safely.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Paper-Check Recipients Move to Direct Express
If you receive PBGC benefit checks on paper, PBGC will collect information to enroll you in the Direct Express prepaid debit card so you can get benefits electronically. You do not need a bank account, and there is no credit check or minimum balance requirement; PBGC will coordinate with the U.S. Department of the Treasury, which issues the card.
Enrollment Form: 10 Minutes, No Fee
If you choose to enroll in Direct Express, PBGC estimates the enrollment form takes about 10 minutes to complete and costs you $0. PBGC expects roughly 10,000 enrollment forms in the first year and about 2,000 per year thereafter, averaging 4,667 forms per year and an estimated 778 total annual burden hours.
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Key Dates
Department and Agencies
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