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Legislative Changes Needed to Financially Strengthen Single Employer Pension Plan Insurance Program

Legislative Changes Needed to Financially Strengthen Single Employer Pension Plan Insurance Program PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Pension trusts
Languages : en
Pages : 90

Book Description


Legislative Changes Needed to Financially Strengthen Single Employer Pension Plan Insurance Program

Legislative Changes Needed to Financially Strengthen Single Employer Pension Plan Insurance Program PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Pension trusts
Languages : en
Pages : 90

Book Description


Legislative Changes Needed to Financially Strengthen Single Employer Pension Plan Insurance Program

Legislative Changes Needed to Financially Strengthen Single Employer Pension Plan Insurance Program PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Pensions
Languages : en
Pages : 92

Book Description


Legislative Changes Needed to Financially Strengthen Single Employer Pension Plan Insurance Program

Legislative Changes Needed to Financially Strengthen Single Employer Pension Plan Insurance Program PDF Author: United States General Accounting of Gao
Publisher: Independently Published
ISBN: 9781091178885
Category : Political Science
Languages : en
Pages : 84

Book Description
Legislative Changes Needed To Financially Strengthen Single Employer Pension Plan Insurance Program

Legislative Changes Needed to Financially Strengthen Single Employer Pension Plan Insurance Program

Legislative Changes Needed to Financially Strengthen Single Employer Pension Plan Insurance Program PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Pensions
Languages : en
Pages : 0

Book Description


Legislative Changes Needed to Financially Strengthen Single Employer Pension Plan Insurance Program

Legislative Changes Needed to Financially Strengthen Single Employer Pension Plan Insurance Program PDF Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Pensions
Languages : en
Pages : 73

Book Description


Retirement Security

Retirement Security PDF Author: U S Government Accountability Office (G
Publisher: BiblioGov
ISBN: 9781289106300
Category :
Languages : en
Pages : 86

Book Description
In connection with the Pension Benefit Guaranty Corporation's (PBGC) self-financing insurance program to protect the benefits of private pension plan participants, GAO examined information on pension plans which were terminated as of September 30, 1981. Since its inception, the PBGC insurance program has been operating at an increasing deficit. The deficit has risen because net claims for benefits owed by terminating plans accumulated in greater amounts than could be financed by premiums. The liquidity of the insurance program has not been jeopardized thus far; however, if the premium rate is not raised the program's ability to pay guaranteed benefits in the long term could be threatened. GAO believes that a proposed premium rate increase is reasonable and necessary to reduce the deficit.

Multiemployer Pension Plan Amendments Act of 1979

Multiemployer Pension Plan Amendments Act of 1979 PDF Author: United States. Congress. Senate. Committee on Labor and Human Resources
Publisher:
ISBN:
Category : Pension trusts
Languages : en
Pages : 1236

Book Description


Pension Benefit Guaranty Corporation: Improvements Needed to Address Financial and Management Challenges

Pension Benefit Guaranty Corporation: Improvements Needed to Address Financial and Management Challenges PDF Author: Barbara D. Bovbjerg
Publisher: DIANE Publishing
ISBN: 1437910505
Category : Law
Languages : en
Pages : 29

Book Description
The Pension Benefit Guaranty Corp. (PBGC) insures the retirement future of nearly 44 million people in more than 30,000 private-sector defined benefit pension plans. In July 2003, PBGC¿s single-employer pension insurance program was designated as ¿high risk,¿ meaning that it needed urgent attention and transformation. The program remains on the list today with a projected financial deficit of over $13 billion, as of Sept. 2007. Because Congress exercises oversight of PBGC, the author was asked to testify on: (1) the critical role PBGC plays in protecting the pension benefits of workers and how PBGC is funded; (2) the financial challenges facing PBGC; and (3) the PBGC¿s governance, oversight and management challenges. Tables.

Pension Plans

Pension Plans PDF Author: United States. General Accounting Office. Human Resources Division
Publisher:
ISBN:
Category : Pension trust guaranty insurance
Languages : en
Pages : 40

Book Description


Strengthening pension security and defined benefit plans

Strengthening pension security and defined benefit plans PDF Author: United States. Congress. House. Committee on Education and the Workforce
Publisher:
ISBN:
Category : Law
Languages : en
Pages : 142

Book Description