After two consecutive years of Pension Benefit Guaranty Corporation (PBGC) premium increases to pay
for non-pension legislation, companies that sponsor defined benefit plans are
switching tactics on Capitol Hill.
letter to all members of Congress, 68 companies, business groups, and
pension trade associations urged Congress to oppose any additional premium
increases. Increasing premiums means that employers will have less money
available to fund employee benefits, expand their businesses, create jobs, and
grow the economy.
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