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Analyzing PBGC's 2014 Annual Report
October Three Consulting 
Dec. 2, 2014 "In 2014, PBGC had a net underwriting gain of $4 billion, a $1.4 billion increase over 2013 underwriting gain.... Given this extraordinarily positive underwriting experience, it's hard to understand why PBGC keeps asking for premium increases.... The loss in the multiemployer plan program is extraordinary -- greater than any one-year loss in PBGC's history. There are at this point no proposals that would fix a problem of this size." MORE >> |
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