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Multiemployer pensions rescue buys the PBGC some time

Multiemployer pensions rescue buys the PBGC some time
Outlet: 
Crain's Benefits Outlook
Date Published: 
Sunday, March 29, 2015

While experts may disagree on the strength of the Pension Benefit Guaranty Corp.’s insurance program for single-employer pension plans, there is a broad consensus that lawmakers had to act last year to prevent the collapse of big, underfunded multiemployer pension plans, and with that the PBGC’s multiemployer insurance program.

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