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Many Say Congress Should Allow PBGC to Set Premiums
Business Insider Link to more items from this source
Apr. 16, 2013

"[T]he PBGC is stuck hemorrhaging cash and desperately needs to be fixed ... It has an accumulated net deficit of $34 billion. Among its structural problems, the agency has been unable to charge sufficiently high premiums that would offset the cost of unfunded pensions from going under.... 'Whenever you have public sector backing for private sector risk taking, it's a recipe for disaster,' said Bradley Belt ... who served as the director of the PBGC under President George W. Bush."

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