Deficit Soars At Agency That Insures Pension Plans
Article Abstract:
According to its annual report, the Pension Benefit Guaranty Corporation's deficit has doubled in the last year to $23.3 billion. It is the government agency that provides a safety net for pension plans that fail, but it does not have the power to raise the premiums that companies pay.
Publisher: The New York Times Company
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2004
Financial management, Personnel administration, Air Transportation, Scheduled, And Air Courier Services, Reporting & Disclosure, Analysis, Finance, Compensation and benefits, Airlines, Pensions, Financial statements, Administrative agencies, Government agencies, Company financing, United States. Pension Benefit Guaranty Corp., Pension plan termination insurance
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2004
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New Tug of War Over Excess Pension Cash
Article Abstract:
Many companies are urging Congress to change laws to allow them to tap into surplus pension funds.
Publisher: The New York Times Company
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2005
Government expenditures, Pension, health, and welfare funds, Pension Funds & Benefit Plans, Pension Funds, Economic aspects, Economic policy, Corporations, Corporate finance
Publication Name: The New York Times
Subject: News, opinion and commentary
ISSN: 0362-4331
Year: 2005
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Comment about this article or add new information about this topic:
Subjects list: United States, Laws, regulations and rules, Government regulation
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