The Traderszone Network

Published in TZ Latest News 23 August, 2017 by The TZ Newswire Staff

Massive PBGC Rate Hikes Force Corporate Debt Binge As Companies Try To Pay Down Pensions

As if defined benefit pensions funds weren’t fun enough for corporate shareholders, the Pension Benefit Guarantee Corporation (PBGC), the federal entity that backstops pension obligations when companies default, has enacted massive increases in insurance premiums for operating such plans over the past 5 years. 

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