Underfunded Pension Plans

Eran Lillestrand's picture
Submitted by Eran Lillestrand (not verified)
July 1st, 2006
Posted in

Corporate pension plans are underfunded by as much as $450 billion while the Pension Benefit Guaranty Corporation – which provides a partial guarantee of worker pensions for bankrupt companies – continues to show about a $23 billion deficit.

Source
Pension Benefit Guaranty Corporation. Pension Insurance Data Book 2005. Summer 2006.
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