Child Care Subsidy Program Services

Added: Sep 13, 2016 5:25 pm The Pension Benefit Guatanty Corporation IS NOT looking for Child Care Providers. 

PBGC is soliciting responses from qualified organizations to ADMINISTER the Agency's child care subsidy program. Congress enacted Public Law 107-67, Sec. 630, on November 12, 2001. This legislation permits Federal agencies to administer a program to assist their lower income Federal employees with the costs of child care. Child care subsidy can reduce the amount of costs parents pay for child care by providing subsidies directly to the child care provider. To be eligible to participate, a child care provider must be a family child care home or child care center licensed and/or regulated by the State and, where applicable, local authorities (i.e. the provider must meet all requirements of its particular jurisdiction) where the service is provided.

The selected vendor will be required to administer the Child Care Subsidy Program. This includes, but is not limited to, Determine the eligibility of employees who apply for benefits and distributing  a specified amount of funds to child care providers as subsidy funds. All determinations and distributions shall be made in accordance  with pre-established criteria set by PBGC.