However, although they are somewhat protected by PBGC, pensioners often receive 50 cents or less on the dollar relative to what they would have received if their previous employer didn’t go insolvent. In 2016, PBGC paid for monthly retirement benefits for nearly 840,000 retirees in more than ...
We watch the rich grow richer and we swoon over the monarchy and celebs while our aged pensioners try to exist on smaller and smaller pensions…I won’t go on as this would become a “War and Peace” of the ills of our society, seemingly from a raving neo-communist! As I said, indu...