ExecutiveOrdersEO
MemoMemorandumObama · D

Presidential Memorandum

Designation of Officers of the Pension Benefit Guaranty Corporation To Act as Director of the Pension Benefit Guaranty Corporation

Federal WorkforceFederal Workforce

In simple terms

This memorandum establishes the order of succession for the Pension Benefit Guaranty Corporation (PBGC) Director position, listing four senior officers who would serve as acting Director in case of vacancy or incapacity. It supersedes a 2008 memorandum from the prior administration and includes standard limitations and presidential discretion provisions.

Federal Register Open PDF 78 FR 8953

Record & deadlines

  1. Signed

    Signed by the President

  2. FR published

    Published in the Federal Register · 78 FR 8953

    Federal Register PDF

  3. Publication in Federal Register

Key directives

  • Establish order of succession: Chief Management Officer, Chief Operating Officer, Chief Financial Officer, General Counsel
  • Prohibit acting officials from serving as Director under this memorandum
  • Require eligibility under Federal Vacancies Reform Act
  • Preserve presidential discretion to depart from this designation
  • Supersede December 9, 2008 memorandum
  • Direct publication in Federal Register

Who is ordered

Prior policyRollback

  • supersedePresident's Memorandum of December 9, 2008

What to expect

Immediate

  • Order of succession takes effect immediately upon signing

Near term (90d)

  • Publication in Federal Register (directed but not deadline-bound)

Long term

  • Continuity of PBGC leadership during future vacancies

Risks & tensions

  • Standard succession planning with limited substantive tension
  • Presidential discretion clause (Sec. 2(c)) preserves flexibility but creates potential uncertainty if invoked
Presidential Memorandum: Designation of Officers of the Pension Benefit Guaranty Corporation To Act as Director of the Pension Benefit Guaranty Corporation · Executive Orders