as I understand it, AIG manages congresscritters retirement money..they therefore can’t let it go under..
I may be wrong, but that’s my understanding..
I have it on trusted authority that you are at least partially correct.
Yes, they do manage the accounts, but that should not matter.
SIPC insurance would take care of any making sure that investments in the account were “delivered” to any new firm.
aig doesn’t oversee congresscritters pensions.