Pension Benefit Guaranty Corporation: Difference between revisions
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(PBGC). ''US Pensions''. | (PBGC). | ||
''US Pensions''. | |||
An organisation set up by the US government to take over the assets and liabilities of insolvent pension funds and to provide limited guarantees as to the payment of pensions by those funds. | An organisation set up by the US government to take over the assets and liabilities of insolvent pension funds and to provide limited guarantees as to the payment of pensions by those funds. | ||
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The equivalent in the UK is the Pension Protection Fund. | The equivalent in the UK is the Pension Protection Fund. | ||
== See also == | == See also == | ||
* [[Pension Protection Fund]] | * [[Pension Protection Fund]] | ||
[[Category:Manage_risks]] | |||
Latest revision as of 13:49, 21 August 2013
(PBGC).
US Pensions.
An organisation set up by the US government to take over the assets and liabilities of insolvent pension funds and to provide limited guarantees as to the payment of pensions by those funds.
The PBGC has wide powers to investigate US pension schemes and their sponsoring companies.
The equivalent in the UK is the Pension Protection Fund.
