Johnny L. Jackson appeals the district court’s dismissal of his claims against Pension Benefit Guaranty Corp. (“PBGC”). The district court dismissed Jackson’s claims as barred by res judicata because Jackson raised the same claims against PBGC in a previous suit he filed in 2001. Jackson argues on appeal, as he argued below, that the PBGC Appeals Board undervalued the amount of his pension payments.

For the reasons stated by the district court, we AFFIRM. Jackson’s claims are barred by res judicata because (1) the parties in the previous suit and present suit, Jackson and PBGC, are identical; (2) a court of competent jurisdiction rendered a prior judgment against Jackson on February 24, 2003; (3) the February 24, 2003 judgment was final and on the merits; and (4) Jackson raises the same claims against PBGC that he raised in the previous suit. See Matter of Howe, 913 F.2d 1138, 1143-44 (5th Cir. 1990).

Accordingly, the judgment of the district court dismissing Jackson’s claims is

AFFIRMED.