This paper derives the value of Pension Benefit Guarantee Corporation (PBGC) pension insurance under two scenarios of interest. The first allows for voluntary plan termination, which appears to be legal under current statutes. In the sec... AJ Marcus - 《Journal of Finance》 被引量: 34发表: ...
Such amount is a $2.4 billion improvement compared with 2007 and attributed to the lack of big pension plan failures and higher interest rates. During fiscal 2008, the PBGC terminated 67 plans, down from 110 plans in 2007. Most of those losses were small, with no single plan termination ...
Such amount is a $2.4 billion improvement compared with 2007 and attributed to the lack of big pension plan failures and higher interest rates. During fiscal 2008, the PBGC terminated 67 plans, down from 110 plans in 2007. Most of those losses were s...