PBGC sees record surplus plunge

September 2002
Employee Benefit News;Sep2002, Vol. 16 Issue 11, p3
Highlights the number of participants added by the federal Pension Benefit Guarantee Corp. (PBGC) to its roles in 2002. Number of participants to be added by year-end due to the increasing number of bankrupt corporations; Amount of benefits paid by PBGC in 2001; Percentage of PBFC claims accounted for by the U.S. steel industry.


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