"Policymakers, legislators, business and labor groups have debated the issue for two years. Now we're at a key turning point, argues Josh Gotbaum, the PBGC's director. 'If Congress doesn't act this year, it is very likely that major plans will fail and the multi-employer system will collapse,' he [said] ... It's not that plans will run out of money this year or next, Gotbaum says. Instead, he says employers could start scrambling off a sinking ship, accelerating pressures on the system."  MORE >>