Underfunded Pension Plans

Robert Dorst2's picture
Submitted by Robert Dorst2 (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.
Discuss
Hide comments
Rate It!
(0)
Broadcast