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Plan Sponsors and Representatives Comment Letter to Congress Urging Further Analysis of PBGC Premiums (PDF)
American Benefits Council and 38 corporations, plan representatives, and employer organizations
[Opinion] Dec. 5, 2012 6 pages. "Because of the $9 billion increase in PBGC single-employer plan premiums that was enacted during the summer, PBGC premiums will, on a national basis, be raised by an average of almost 50%. For some employers, the increase will be far more than 50% and can be many millions of dollars annually.... [P]lan sponsors are exploring various approaches that eliminate risk to the companies themselves and the PBGC. This can lead to employers leaving the pension system, which is a very adverse result for retirement security and for the PBGC." MORE >> |
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