AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Regional Vice President of Sales The Retirement Plan Company
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Compass
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Bates & Company, Inc.
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PBGC's Single Employer Deficit and PBGC Premiums
October Three Consulting Feb. 19, 2013 "[T]his article [reviews] just what goes into PBGC's deficit numbers and, briefly, the debate over how realistic they are. [The] analysis is based on the PBGC's fiscal year 2012 annual report, which was prepared as of September 30, 2012, and is limited to the PBGC's 'single-employer' insurer program ... The $5.9 billion increase in the PBGC's single-employer deficit during 2012 provides a basis for arguing for another round of premium increases. The 'push back' from the sponsor community will be ... that these rates are unrealistically low and likely to be temporary (in fact, rates right now are about 30 basis points higher than they were last September) and that they therefore should not drive premium policy." |
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