Loan & Distribution Specialist AimPoint Pension
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Compass
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Hall County Government
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AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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Bates & Company, Inc.
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Text of PBGC Projections Report, FY 2015 (PDF)
Pension Benefit Guaranty Corporation [PBGC] June 20, 2016 55 pages. "PBGC's multiemployer program remains likely to use up all of its assets by the end of 2025. The program, which covers roughly one-quarter of private sector defined benefit pension participants, continues to have deficits ... much larger than those of the single-employer program. Different estimates of the number of plans that will undertake benefit suspensions or request financial assistance through partition or facilitated merger affect the projected program deficits, but have only a small effect on the date of program insolvency. New results for PBGC's single-employer program are broadly consistent with findings of the prior year's report -- the financial status of the program is likely to improve, potentially reaching net surplus over the 10-year projection period." |
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