The US Pension Insurer (PBGC) May Soon Become InsolventGuest Post
Another Financial Nightmare On The Horizon - The US Pension Insurer (PBGC) May Soon Become Insolvent by Charles M. Tatelbaum, Tripp Scott PA
It may be hard to believe in today’s environment of increased scrutiny over governmental and private insurers, but the Pension Benefit Guaranty Corporation (PBGC), (similar to the FDIC for federally insured bank accounts) which is the governmental body created to insure the nation’s pension funds, is on the verge of insolvency. Based on recent developments and the PBGC’s publications, current and future retirees . . .
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