Tag: PBGC

The Secrets of Delphi

Taskforce to investigate pension cuts in auto bailout

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Tim Ryan, Michael Turner / AP

A pair of Ohio lawmakers have launched a taskforce to investigate the Pension Benefit Guaranty Corporation’s (PBGC) decision to slash a non-union pension fund as part of the auto bailout.

Un-Risky Business

Government's pension backstop faces shortfall due to overly cautious investments

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PBGC logo

The federal government’s backstop for troubled pension funds is facing a record-setting deficit and increasing the likelihood of a taxpayer-funded bailout.