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A Finance Professor's View: Why I Am Disappointed with the Pension Protection Act of 2006
Professor Zvi Bodie via BenefitsLink Link to more items from this source
[Opinion]
Aug. 10, 2006
Excerpt: The bill does not address either of the two issues that I regard as crucial to fixing what is wrong with the U.S. private pension system today. The first of these relates to the traditional defined benefit pension system and the federal government agency that insures it: the PBGC. The second relates to the emerging new pension system that is built around 401k, 403b, IRAs and other self-directed investment accounts.

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