Pension Benefit Guaranty Corporation
2005-06-15T20:01:50-04:00https://ximage.c-spanvideo.org/eyJidWNrZXQiOiJwaWN0dXJlcy5jLXNwYW52aWRlby5vcmciLCJrZXkiOiJGaWxlc1wvNGIwXC8xODcxOTQtbS5qcGciLCJlZGl0cyI6eyJyZXNpemUiOnsiZml0IjoiY292ZXIiLCJoZWlnaHQiOjUwNn19fQ==The Senate Budget Committee held a hearing on the solvency of the United States Pension Benefit Guaranty Corporation (PBGC). The PBGC was created by the Employee Retirement Income Security Act of 1974 to encourage the continuation and maintenance of voluntary private pension plans, provide timely and uninterrupted payment of pension benefits, and keep pension insurance premiums at a minimum. Witnesses testified about the financial condition of the corporation and the potential risks of plans to increase premiums to improve fiscal solvency. Graphs and charts were used during the testimony.
The Senate Budget Committee held a hearing on the solvency of the United States Pension Benefit Guaranty Corporation (PBGC). The PBGC was cr… read more
The Senate Budget Committee held a hearing on the solvency of the United States Pension Benefit Guaranty Corporation (PBGC). The PBGC was created by the Employee Retirement Income Security Act of 1974 to encourage the continuation and maintenance of voluntary private pension plans, provide timely and uninterrupted payment of pension benefits, and keep pension insurance premiums at a minimum. Witnesses testified about the financial condition of the corporation and the potential risks of plans to increase premiums to improve fiscal solvency. Graphs and charts were used during the testimony. close
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