Retirement Learning Center
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|Testimony Before Hearing on PBGC Reform: Mending the Pension Safety Net, April 26, 2004 (PDF)|
American Benefits Council
Apr. 27, 2005
14 pages. Excerpt: The Administration has stepped forward with proposals to reform the pension funding rules and the premiums payable to the Pension Benefit Guarantee Corporation (PBGC). There are a number of themes in the Administration's package that we support. For example, we agree that the funding rules need to be strengthened. We also agree that measures to allow employers to make larger contributions during good economic times are long overdue.
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