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PBGC's 4062(e) Pilot deemed a success
Old 03-18-2013, 01:23 PM   #1
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Felix Mulier's Avatar
Join Date: Feb 2013
Posts: 99
PBGC's 4062(e) Pilot deemed a success

I think this is a good thing - sounds like it anyway. I've been on the PBGC's email list since there was once a possibility my former employer's pension plan could be managed by them.

PBCG started a pilot program in November to target their enforcement policies on businesses that were a higher risk - as opposed to all companies across the board. They did not enforce pension liabilities on 30 financially sound companies and also released some other companies from pre-existing enforcement.

"By focusing on companies that pose real risk, we hope to preserve and encourage companies to continue to offer traditional pensions," said PBGC Director Josh Gotbaum.
PBGC's Risk-based Policy Keeps Almost $1 Billion in Pension Obligations from Healthy Companies
I generally avoid temptation unless I can't resist it.


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