American Benefits Council calls on Congress to reduce PBGC …
Oct 31, 2023 · Rising PBGC premiums and outdated funding laws are hurting single-employer defined benefit plans, and Congress needs to act now to stave off more companies exiting the pension space, according to the American Benefits Council.
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PBGC Pension Plan Programs Finish Fiscal Year With Increased …
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11 hours ago · The PBGC in fiscal year 2024 approved payment of $14.5 billion in SFA funds. The agency as of Nov. 1 has approved about $69.5 billion in SFA to plans that cover about 1.2 …
pionline.com
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The ERISA Industry Committee Urges Congress To Reexamine …
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Aug 2, 2023 · This year, PBGC projects a surplus of $63.6 billion by FY 2032 – an increase of more than $10 billion in the last year (in FY 2021, PBGC reported an average $53.3 billion …
eric.org
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The ERISA Industry Committee Says Congress Should Reexamine …
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WASHINGTON - November 16, 2023 – The ERISA Industry Committee (ERIC) said today that the $44.6 billion surplus in the Pension Benefit Guaranty Corporation’s (PBGC) single-employer …
eric.org
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