PBGC Premiums: Faux Budget Padding?

asppa.org, May 17, 2017

Premiums paid to the Pension Benefit Guaranty Corporation (PBGC) are an important concern for DB plans, their administrators and their sponsors. And an increasing concern at that, since they grow and grow. But there are questions regarding what exactly that money is going toward.

In Findley Davies' April 2017 issue of Pension Indicator, Matthew Klein discusses the premiums and what the PBGC does with the money, and argues that PBGC premiums offer faux windfall for federal budget purposes.

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