accountThe federal agency that guarantees pensions has lost $2.1 billion on its investments so far this year, foreshadowing...
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PENSION BENEFIT GUARANTY CORP.
The Pension Benefit Guaranty Corp. insures the defined-benefit pensions of 44 million workers and retirees in 31,000 plans. Is this federal agency adequately financed? How does it work? What happens if your pension plan winds up with the PBGC?
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talking like their contracts are sacrosanct. I know a portion of their pension would be covered by the PBGC if GM and...
is this represents the tip of iceberg. On the pension front, it recently came to light that the Pension Benefit...
The PBGC, which is supposed to guarantee that those of us with pensions get paid even if our employers go broke, has a...
not at risk. Even if a company files for bankruptcy, most traditional pensions are guaranteed by the federal Pension...
One does not reduce risk by investing in equities heading smack into what is going to prove to be the biggest recession...
...oversight policies and practices, the Government Accountability Office has said in a new report on the Pension...
The newspaper industry is confronting what the auto industry and others have come to learn – allowing your pension...
I know that the PBGC backs pension plans, but I don't understand the details very well. Can you still lose some of what...
The Pension Benefit Guaranty Corp. filed the largest unsecured claim: $4 million for under-funded amount in the defined...
very concerned and afraid that within the next 6 months there will be nothing left. - JackToday the Pension Benefit...
When the ax isn't enough, out comes the scalpel. Having laid off tens of thousands of workers, corporations and small...
The Pension Benefit Guaranty Corp. is objecting to Philadelphia Newspapers LLC's bankruptcy blueprint, saying the...
The U.S. government’s pension insurance agency has told bankrupt auto parts maker Delphi it would go to court on Friday...
With stock portfolios shrinking in recent weeks, and house values sinking over the past year, many older Americans...
The Pension Benefit Guaranty Corporation said the agreement provides “additional protections” for the pension plans of...
...for Goodyear and served on the Pension Benefit Guaranty Corporation's...
...gm's pension, thank God, was actually overfunded ... industry bankruptcies--the PBGC fund top benefit is
...its underfunded FDIC, its underfunded and reckless PBGC, its deteriorating Federal Reserve balance sheet, its...
PBGC may not be funded for the first decade of this century. Also, I bet a lot of early retirement types just got...
U.S. Labor Secretary Elaine L. Chao today announced that former U.S. Rep. Vincent K. Snowbarger will be serving as...
funding requirements would take pressure off plan sponsors but could jeopardize the long-term health of pension plans.
traditional defined-benefit pension plan and there are more than 29,000 such plans in existence, according to the...
of the government agency that protects Americans' pensions warned on Friday. Charles Millard, Director of the U.S.
One important barrier to foreign investment in U.S. companies has been pension liability. A U.S. law -- the Employee...
Top Sources: Pension Benefit Guaranty Corp.
- MarketWatch
- Washington Post
- Retirement Radar
- Morningstar.com
- International Herald Tribune
- CNN Money
- Christian Science Monitor
- online.wsj.com
- Seattle Times
- BusinessWeek
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