House Panel to Vote on PBGC Premium Hike

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House Panel to Vote on PBGC Premium Hike
Business Insurance; free registration required

Oct. 26, 2005

Excerpt: Budget legislation expected to be voted on Wednesday by a House panel would boost by more than 50% the base premium employers with defined benefit plans pay the Pension Benefit Guaranty Corp., while, for the first time, giving the PBGC authority to boost premiums in the future.

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