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PBGC's 2018 Annual Report Heralds Improved Financial Position
October Three Consulting Dec. 11, 2018
"On November 16, 2018, the [PBGC] released its Fiscal Year 2018 Annual Report, showing an $11.2 billion improvement in the multiemployer program and a $13.4 billion improvement in the single employer program. The single employer program, no longer in deficit, now has a $2.4 billion surplus.... [The authors] discuss what PBGC's FY2018 Annual Report tells us about the financial condition of and prospects for the single employer program and briefly discuss the financial condition of the multiemployer program."
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