Communications Workers of America

Has Corporate America Kept Their Promise To Retirees? Pension Funding Gap Estimated to be $300 BILLION! -1/25/03

• By: Steve Tisza
• January 25, 2003

Although the Pension Benefit Guaranty Corporation (P.B.G.C.) is a government agency, its work is financed entirely by companies, not general tax revenues. This is an external link to an in depth New York Times article on underfunded pension plans.

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