2026-05260NoticeWallet

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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Key Dates

Published Date
Comments Due
3/18/2026
5/18/2026

Department and Agencies

Department
Independent Agency
Agency
Pension Benefit Guaranty Corporation
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