A key government program that helps employees finance their retirement is reaching crisis stage. No, not Social Security, which even the most dire economic forecasts show has years to run before running low on cash. It's the Pension Benefit Guaranty Corp., the quasi-federal agency that insures corporate pension plans and which is buckling under a record $23.3 billion deficit.
January 20, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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