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Things That Can't Go on Forever Won't
money vs. time Link to more items from this source
Dec. 8, 2014
"Congress views the single employer defined benefit plan system as a carcass on which the CBO can feast for sham revenues. It views the multiemployer defined benefit plan system as a Titanic-like disaster to which it is prepared to commit significant deck chair-arranging efforts but no life boats.... [T]he easiest thing in world would be to merge the two [PBGC] programs. The single employer program will have lots of premiums it doesn't need that the multiemployer program does need. That would, however and of course, more or less spell the end of the single employer DB plan."

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