
Pensions are Getting the Ax
May 13, 2013 by Tim Turner | Leave a CommentEvery week we see new stories about getting the pensions AXED by their employer, the bankruptcy court, or by government. Many times this is happening to people ALREADY RETIRED that have already been receiving their pensions. How is this possible???? Well, one way is when the Pension Benefit Guarantee Corp (PBGC) takes over the pension because the employer has gone Read More >>
Categories: Pensions or Defined Benefits
Tags: defined benefit, pension, pension cuts, underfunded pension
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