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Guaranteed Trouble: The Economic Effects of the Pension Benefit Guaranty Corporation
National Bureau of Economic Research [NBER] 
Sept. 27, 2007
Excerpt: This paper examines the economic rationale for, historical experience of, and current pressures facing the Pension Benefit Guaranty Corporation (PBGC).... The paper then discusses potential ways to reform the PBGC so that it operates more in concert with basic economic principles.
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