Several Reforms Might Improve Plan Funding and Reduce the Risks to PBGC's Long-term Viability

First page Back Continue Last page Overview Graphics

Several Reforms Might Improve Plan Funding and Reduce the Risks to PBGC's Long-term Viability

  • Increase transparency of plan information

  • Strengthen funding rules applicable to poorly funded plans

  • Limit lump sums in underfunded plans

  • Modify program guarantees (e.g., phase-in rules)

  • Modify pension premiums (e.g., nature of risk related premiums)

  • Eliminate floor/offset arrangements with significant investment concentrations in employer securities

  • Modify bankruptcy laws?