US - Pension plans should be required to target funding levels of 100% and the PBGC should be given more flexibility to deal with individual problem areas in order to solve the federal insurer's mounting deficit, argues Delphi chairman and CEO Robert Miller.
The PBGC has suffered recently from numerous plan terminations, bringing its total deficit US$23.3bn. “The big question surrounds this dilemma: do you tighten the funding rules and risk tipping ...
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