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Girl Scouts Ask Congress for a Do-Over on Pension Plan Exemption
Pensions & Investments Link to more items from this source
Apr. 29, 2013

"In 2010, Congress ... allowed the few charity plans with multiple entities such as the Girl Scouts to follow pre-PPA pension funding rules until 2017. But later that year the Girls Scouts were forced to freeze the pension plan as investment losses suffered during the 2007-09 recession and low discount rates caused the funding level to plummet to 63% ... Today, the plan has $433 million in assets and $819 million in liabilities."  MORE >>

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