Can the Pension Benefit Guaranty Corporation Be Restored to Financial Health?

Ranade, Neela K.

Library of Congress. Congressional Research Service.

关键词: Business;    Pension funds;    Government corporations;    Pension Benefit Guaranty Corporation;    Pensions;   

RP-ID  :  RL32702
RP-ID  :  RL32702 2004-12-16

美国|英语

来源: UNT Digital Library

【 摘 要 】

In 2003, the Bush administration made a proposal for reform to strengthen pension plan funding and the financial condition of the Pension Benefit Guaranty Corporation (PBGC). Various bills with the goal of reforming the PBGC were proposed in the 108th Congress but none were enacted into law. The doubling of the PBGC deficit from fiscal 2003 to fiscal 2004, has heightened awareness about the PBGC deficit situation. Congressional leaders from both parties have announced their intention to move aggressively on legislative solutions in the 109th Congress.