Highlights of a GAO forum the future of the Defined Benefit System and the Pension Benefit Guaranty Corporation. PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Highlights of a GAO forum the future of the Defined Benefit System and the Pension Benefit Guaranty Corporation. PDF full book. Access full book title Highlights of a GAO forum the future of the Defined Benefit System and the Pension Benefit Guaranty Corporation. by . Download full books in PDF and EPUB format.
Author:
Publisher: DIANE Publishing
ISBN: 1428931120
Category :
Languages : en
Pages : 62
Get Book Here
Book Description
Author:
Publisher: DIANE Publishing
ISBN: 1428931120
Category :
Languages : en
Pages : 62
Get Book Here
Book Description
Author:
Publisher: DIANE Publishing
ISBN: 1428931813
Category :
Languages : en
Pages : 32
Get Book Here
Book Description
Author: Barbara D. Bovbjerg
Publisher: DIANE Publishing
ISBN: 1437909094
Category : Law
Languages : en
Pages : 62
Get Book Here
Book Description
The Pension Benefit Guaranty Corp. (PBGC) insures the retirement future of over 44 million people. As a fed. guarantor of private defined benefit plans, PBGC finances its operations through insurance premiums, investment income, and funds from terminated pension plans. PBGC is governed by a board of directors who are responsible for providing policy direction and oversight but often rely on board rep. In 2004, PBGC began reviewing its investment policy biennially and recently decided to broaden the range of asset classes in which it invests. This report reviewed PBGC¿s procedures for developing and implementing its investment policies, and examined PBGC¿s most recent investment policy. Includes recommendations. Charts and tables.
Author: JayEtta Z. Hecker
Publisher: DIANE Publishing
ISBN: 9781422304327
Category : Transportation
Languages : en
Pages : 90
Get Book Here
Book Description
Since 2001 the U.S. airline industry has lost over $30 billion. Delta, Northwest, United, & US Air. have filed for bankruptcy, the latter two terminating & transferring their pension plans to the Pension Benefit Guaranty Corp. (PBGC). The net claim on PBGC from these terminations was $9.7 billion; plan participants lost $5.3 billion in benefits. Many in the industry have maintained that airlines' use of bankruptcy protection as a means to continue operations is harmful to the industry. This debate has received even sharper focus with pension defaults. This report details: (1) the role of bankruptcy in the airline industry, (2) whether bankruptcies are harming the industry, & (3) the effect of airline pension underfunding on employees, airlines, & the PBGC. Illus.
Author: Barbara Bovbjerg
Publisher: DIANE Publishing
ISBN: 1437921264
Category : Law
Languages : en
Pages : 77
Get Book Here
Book Description
The dramatic decline in the stock market has diminished pension savings and reportedly led to low levels in older Americans¿ confidence in their ability to retire. Even before the current economic recession, research indicated that pension benefits are likely to be inadequate for many Americans. This report addresses the following questions: (1) What are key risks faced by U.S. workers in accumulating and preserving pension benefits? (2) What approaches are used in other countries that could address these risks and what trade-offs do they present? (3) What approaches do key proposals for alternative plan designs in the U.S. suggest to mitigate risks faced by workers and what trade-offs do they entail? Charts and tables.
Author: United States. Congress. House. Committee on the Budget
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 64
Get Book Here
Book Description
Author: Barbara D. Bovbjerg
Publisher: DIANE Publishing
ISBN: 1437909701
Category : Law
Languages : en
Pages : 34
Get Book Here
Book Description
The Pension Benefit Guaranty Corp. (PBGC) insures the pension benefits of 44 million private sector workers and retirees in over 30,000 employer-sponsored pension plans. It was reported that PBGC¿s governance structure needed improvements. Congress is considering expanding the board of dir. to include additional members. It was also recommended that the board develop policies and mechanisms consistent with corp. governance practices, and develop formal guidelines to clarify the roles and respon. of the board chair, members, and their rep. This report addresses: the steps PBGC has taken to improve policy direction and oversight; and (2) how Congress applies oversight to PBGC and what other oversight mechanisms exist for gov¿t. corps. Illus.
Author:
Publisher:
ISBN:
Category : Government employees' health insurance
Languages : en
Pages : 100
Get Book Here
Book Description
Author:
Publisher:
ISBN:
Category : Employee fringe benefits
Languages : en
Pages : 196
Get Book Here
Book Description
Author: United States. Congress. Senate. Committee on Finance. Subcommittee on Private Retirement Plans and Oversight of the Internal Revenue Service
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 160
Get Book Here
Book Description
