"Borrowing money to fund an underfunded pension plan may make economic sense when considering the additional cost of rising PBGC variable rate premiums ... potential tax efficiencies, and reduced annual pension expense and pension liability for organizations required to comply with ASC 715 accounting standards.... [L]ump sum cashouts not only save PBGC fixed rate premiums and other administrative costs but also 'downsize' the plan, hence reducing future pension cost volatility."  MORE >>