Saving private pension insurance: An evaluation of current proposals to shore up the PBGC
Article Abstract:
The role, objectives, nature and scope of the Pension Benefit Guaranty Corporation (PBGC), are discussed. Established by the Employee Retirement Income Security Act of 1974 (ERISA), it provides services under two circumstances. These are, on an event of bankruptcy by an organization and, when the value of plan assets is not sufficient to cover liabilities. But these in turn can pose an unanticipated risk to the PBGC. For avoiding financial deterioration of the PBGC, the Bush administration proposed complete changes in pension funding regulations. An analysis of these proposals is presented.
Publication Name: Journal of Compensation and Benefits
Subject: Insurance
ISSN: 0893-780X
Year: 2005
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The legislative process: a primer
Article Abstract:
The American Benefits Council, which is in business of tracking employee benefits legislative, involves various processes namely issue-to-bill, bill-to-law and law-to-your life is explained.
Publication Name: Journal of Compensation and Benefits
Subject: Insurance
ISSN: 0893-780X
Year: 2005
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Can your employees afford the risks of being risk-averse? How "principal protected product" tools are surfacing to provide solutions
Article Abstract:
A focus on present laws and rules for protecting employees against pension benefit risks is presented.
Publication Name: Journal of Compensation and Benefits
Subject: Insurance
ISSN: 0893-780X
Year: 2006
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