PBGC's annual hit list
Article Abstract:
The Pension Benefit Guaranty Corp. (PBGC) issues a listing of the top 50 underfunded pension trusts in the country every year. The PBGC annual report is supposed to help members pinpoint plans which entail an unusually high degree of risk. However, an increasing number of pension executives are beginning to question the report's accuracy. Many companies whose plans are financially sound are often surprised to find themselves on the PBGC list. Some sectors are openly calling for the discontinuance of the annual report since it is erroneous, misleading and utterly useless.
Publication Name: Pension Management
Subject: Human resources and labor relations
ISSN: 1078-9766
Year: 1995
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Actuaries: do actuaries affect pension plan solvency?
Article Abstract:
A study provides clarification as to whether actuaries affect the solvency of pension plans. Results of the study, which was directed by Theodore Konshak of Negotiated Pension Plans Ltd., indicate that expectation or promise that the minimum deposit required under federal law will be lowered helps in the solicitation of new business. Moreover, findings reveal that actuarial marketing practices minimize pension plan solvency.
Publication Name: Pension Management
Subject: Human resources and labor relations
ISSN: 1078-9766
Year: 1996
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