1.

Record Nr.

UNINA9910693675703321

Autore

Walker David M.

Titolo

Pension Benefit Guaranty Corporation : structural problems limit agency's ability to protect itself from risk : testimony before the Subcommittee on Government Management, Finance and Accountability, Committee on Government Reform, House of Representatives / / David M. Walker

Pubbl/distr/stampa

Washington, D.C. : , : U.S. Government Accountability Office, , 2005

Edizione

[[Archived version].]

Descrizione fisica

1 online resource

Disciplina

331.252

Soggetti

Pensions

United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Title from title screen.

Sommario/riassunto

Testimony issued by the Government Accountability Office with an abstract that begins "More than 34 million workers and retirees in about 30,000 singleemployer defined benefit plans rely on a federal insurance program managed by the Pension Benefit Guaranty Corporation (PBGC) to protect their pension benefits. However, the insurance program's long-term viability is in doubt and in July 2003 we placed the single-employer insurance program on our high-risk list of agencies with significant vulnerabilities for the federal government.