Unfortunately, the financial health of the PBGC is not improving,
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fuel, wages, health care, utilities and aircraft leases.Bradley Belt
Despite a strong economy, pension plans are reporting even larger shortfalls than last year. Clearly we need new rules that will require companies to fund the pension promises they make,
Bradley Belt
While anecdotal evidence suggests that the number of frozen pension plans has increased since 2003, reports of a mass exodus from the defined-benefit pension system appear to be overstated.
Bradley Belt
As long as companies remain in operation with ongoing pension plans, they have a legal obligation to meet their funding requirements.
Bradley Belt
The money available to pay benefits is eventually going to run out unless Congress enacts comprehensive pension reform to get plans better funded and provide the insurance program with additional resources.
Bradley Belt
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