Download or read book Financial Status of the Pension Benefit Guaranty Corporation and the Administration s Defined Benefit Plan Funding Proposal written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 2005 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Underfunded Pensions Pension Dumping and Retirement Security written by Peter Orszag and published by TheCapitol.Net Inc. This book was released on 2010-12-01 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Employee Retirement Income Security Act of 1974 (ERISA) provides a comprehensive federal scheme for the regulation of employee pension and welfare benefit plans offered by employers. ERISA contains various provisions intended to protect the rights of plan participants and beneficiaries in employee benefit plans. The Pension Benefit Guarantee Corporation (PBGC) is a federal corporation created by ERISA. It currently protects the pensions of nearly 44 million American workers and retirees in more than 29,000 private single-employer and multiemployer defined benefit pension plans. PBGC receives no funds from general tax revenues. Operations are financed by insurance premiums set by Congress and paid by sponsors of defined benefit plans, investment income, assets from pension plans trusteed by PBGC, and recoveries from the companies formerly responsible for the plans. Although the PBGC's liabilities are not explicitly backed by the full faith and credit of the federal government, Congress could face political pressure to bail out the PBGC at taxpayer expense should the agency become financially insolvent. Bradley Belt, former executive director of the Pension Benefit Guaranty Corporation (PBGC), testified before Congress in October, 2004: "I am particularly concerned with the temptation, and indeed, growing tendency, to use the pension insurance fund as a means to obtain an interest-free and risk-free loan to enable companies to restructure. Unfortunately, the current calculation appears to be that shifting pension liabilities onto other premium payers or potentially taxpayers is the path of least resistance rather than a last resort."

Download or read book Pension Insurance Data Book written by and published by . This book was released on 2002 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Oversight Hearings on the Financial Status of the Pension Benefit Guaranty Corporation written by United States. Congress. House. Committee on Education and Labor. Subcommittee on Labor-Management Relations and published by . This book was released on 1994 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Oversight of the Pension Benefit Guaranty Corporation 1982 written by United States. Congress. Senate. Committee on Labor and Human Resources. Subcommittee on Labor and published by . This book was released on 1982 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Examining the Challenges Facing the Pension Benefit Guaranty Corporation and Defined Benefit Pension Plans written by United States. Congress. House. Committee on Education and the Workforce. Subcommittee on Health, Employment, Labor, and Pensions and published by . This book was released on 2013 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Status of the Pension Benefit Guaranty Corporation written by United States. Congress. Senate. Committee on Finance. Subcommittee on Private Retirement Plans and Oversight of the Internal Revenue Service and published by . This book was released on 1987 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Impact of Underfunded Defined benefit Pension Plans on the Federal Deficit Plan Retirees and Plan Sponsors written by United States. Congress. House. Committee on Ways and Means. Subcommittee on Oversight and published by . This book was released on 1993 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Highlights of a GAO forum the future of the Defined Benefit System and the Pension Benefit Guaranty Corporation written by and published by DIANE Publishing. This book was released on 2005 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Pensions written by Leo A. Felton and published by Nova Publishers. This book was released on 2006 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: Older Americans are a powerful force in America politics because of high participation in elections and active lobbying organisations. In addition, the younger set who pay the largest taxes keep a steady eye on the often shifty actions of politicians with regard to pensions. This book deals with some of the critical issues of health insurance for retirees, reform of pensions plans, and company actions with regard to pension plans.

Download or read book Pension Funding Problems written by United States. Congress. House. Select Committee on Aging and published by . This book was released on 1982 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Private pensions the Pension Benefit Guaranty Corporation and longterm budgetary challenges testimony before the Committee on the Budget House of Representatives written by and published by DIANE Publishing. This book was released on with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Public Budgeting Systems written by Robert D. Lee Jr. and published by Jones & Bartlett Learning. This book was released on 2020-10-01 with total page 577 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public Budgeting Systems, Tenth Edition is the most comprehensive and balanced treatment of the current state of budgeting throughout all levels of the United States government. Current and prospective public managers, accordingly, often succeed or fail in their careers based in large part on whether they are intelligent consumers of financial data and have an adequate understanding of the budget process. By providing a detailed overview of all budgeting and financial management, the book enables students to gain an appropriate understanding of a complex topic.

Download or read book Pension Benefit Guaranty Corporation written by Barbara D. Bovbjerg and published by DIANE Publishing. This book was released on 2009-02 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Download or read book The Budget of the United States Government written by United States and published by . This book was released on 2007 with total page 1294 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Current Condition of Eastern Air Lines and the Prospects of Its Restoration as a Major Carrier written by United States. Congress. House. Committee on Public Works and Transportation. Subcommittee on Aviation and published by . This book was released on 1989 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economic Growth and the President s Budget Proposals written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 1992 with total page 606 pages. Available in PDF, EPUB and Kindle. Book excerpt: