Pension Benefit Guaranty Corp. struggling with deficits

Executive Summary

With more pension plans going under, the Pension Benefit Guaranty Corp. (PBGC) is struggling to fulfill its core mission of protecting workers. In only one year its deficit rose 73 percent to $61.7 billion. Can the PBGC right its own ship through more premiums and investment success, or will taxpayers have to bail it out?

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DOI: 10.1177/2374556815577626