Pension Issues

Pension Issues

Author: United States. Congress. House. Committee on Ways and Means. Subcommittee on Oversight

Publisher:

Published: 2001

Total Pages: 174

ISBN-13:

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Pension Plan Complexity

Pension Plan Complexity

Author: United States. Congress. Senate. Committee on Finance. Subcommittee on Private Retirement Plans and Oversight of the Internal Revenue Service

Publisher:

Published: 1990

Total Pages: 344

ISBN-13:

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Pension Benefit Guaranty Corporation

Pension Benefit Guaranty Corporation

Author: Barbara D. Bovbjerg

Publisher: DIANE Publishing

Published: 2009-02

Total Pages: 34

ISBN-13: 1437909701

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The Pension Benefit Guaranty Corp. (PBGC) insures the pension benefits of 44 million private sector workers and retirees in over 30,000 employer-sponsored pension plans. It was reported that PBGC¿s governance structure needed improvements. Congress is considering expanding the board of dir. to include additional members. It was also recommended that the board develop policies and mechanisms consistent with corp. governance practices, and develop formal guidelines to clarify the roles and respon. of the board chair, members, and their rep. This report addresses: the steps PBGC has taken to improve policy direction and oversight; and (2) how Congress applies oversight to PBGC and what other oversight mechanisms exist for gov¿t. corps. Illus.