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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." MORE >> |
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