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Books Books 1 - 1 of 1 on ... high risk," given its deteriorating financial condition and the long-term vulnerabilities....  
" ... high risk," given its deteriorating financial condition and the long-term vulnerabilities of the program." In fiscal year 2004, PBGC's single-employer pension insurance program incurred a net loss of $ 12.1 billion and its accumulated deficit increased... "
The Future of the Defined Benefit System and the Pension Benefit Guaranty ... - Page 6
by Barbara D. Bovbjerg (au) - 2005 - 59 pages
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Private pensions the Pension Benefit Guaranty Corporation and longterm ...

David Michael Walker
...single-employer program incurred a net loss of $12.1 billion, and its accumulated deficit increased to $23.3 billion, up from $11.2 billion a year earlier....total underfunding in single-employer plans exceeded $460 billion, as of the end of fiscal year 2004. "According to PBGC officials, PBGC files a claim for...
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