Some pension plans are grossly underfunded. One “solution” under discussion involves cutting benefits to current and future retirees. Is that right?
Pension plans of many unionized workers are threatened by shrinking contributions.
The Pension Benefit Guarantee Corp. splits union pension fund in an innovative move to save Hostess workers’ retirements.
The Pension Benefit Guarantee Corp. says it owes more than $280 million to about 31,000 pensioners whom it can’t find.
Fixing troubled, multiemployer union pensions won’t be easy.
If you forgot about a pension benefit from a former employer, the PBGC could be looking for you.
The Pension Benefit Guarantee Corp. raised the maximum amount of a pension it will guarantee. Good news for those with old-fashioned defined benefit pensions.
Hurray for the Pension Benefit Guaranty Corp., the federal pension insurance agency that protects consumers from losing their corporate pensions. The PBGC isn’t rolling over and accepting bankrupt American Airline’s move to dump its pension obligations on the PBGC. Instead, the PBGC filed liens today against American Airlines after the airline failed to make all