Private Pensions: Recent Experiences of Large Defi

Home > Diane Publishing Books >

Private Pensions: Recent Experiences of Large Defined Benefit Plans Illustrate Weaknesses in Funding Rules

Recent terminations of large underfunded pension p

Our Price: $20.00

By Barbara Bovbjerg (au)
Year: 2005
Pages: 56
Binding Paperback

Product Code: 142230230X

Description

Recent terminations of large underfunded pension plans, along with continued widespread underfunding, suggest weaknesses in pension funding rules that may threaten retirement incomes of these plans’ participants, as well as the future viability of the Pension Benefit Guaranty Corp. (PBGC) single-employer insurance program. This report examines: (1) the recent funding & contribution experience of the nation’s largest private defined benefit plans; (2) the funding & contribution experience of large underfunded plans, & the role of the additional funding charge; & (3) the implications of large plans’ recent funding experiences for PBGC, in terms of risk to the agency’s ability to insure benefits. Charts & tables.

Share your knowledge of this product with other customers... Be the first to write a review