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Can the PBGC Save Multiemployer Plans? (PDF)
Center for Retirement Research [CRR] at Boston College
Sept. 30, 2014 "[T]he PBGC's insurance fund for multiemployer plans is projected to be exhausted within the next 10 years. One idea is to head off plan insolvencies through 'partitions' that transfer some costs to the PBGC, but little support exists for hiking premiums to cover the costs. The bottom line is that the PBGC, as currently structured, will not be able to stave off plan insolvencies or fully protect workers in plans that become insolvent." MORE >> |
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