3 ms·
Why do you think that? httpss://en.m.wikipedia.org/wiki/Pension_Benefit_Guaranty_Corporation
by phonebanshee 7y ago
Why do you think that?
httpss://en.m.wikipedia.org/wiki/Pension_Benefit_Guaranty_Corporation
- mywittyname 7y agoNote that certain non-profits are not obligated to be federally insured. The most notable example of this is hospital staff, as a significant number of hospitals are run by religious organizations.
- lotsofpulp 7y agoPBGC only insures some part of a pension, has many exclusions, and is definitely not "funded" enough itself to protect against the number of pension funds that are running out of funds. https://www.ai-cio.com/news/multiemployer-pension-lifeboat-sinking-fast/ https://www.ai-cio.com/news/multiemployer-pension-lifeboat-s...