Discuss headline:Pension Benenefi Corp Record Defecit!
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Discuss the implications of this headline: 'The Pension Benefit Guaranty Corp, the agency that insures the pensions of 44 millions Americans, has amassed a record deficit of 33 billions.
If this was a real headline there could be some implications caused by this, but not as many as...
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Discuss the implications of this headline: 'The Pension Benefit Guaranty Corp, the agency that insures the pensions of 44 millions Americans, has amassed a record deficit of 33 billions.
If this was a real headline there ....
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If this was a real headline there could be some implications caused by this, but not as many as you may think since the organization is already in a deficit, like many government organizations. First, this private agency of the US government would still be able to pay what it owes the retirees who are active or soon to be active participants/recipients in this insurance type of plan. Also, because this agency is not supported by taxes it will find other ways to pay the retirees or soon to be retirees. It could attempt to do this by raising the monthly insurance premiums of all of the US based companies that ...
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