Pension Insurance Data Book 2002

The Pension Benefit Guaranty Corp. (PBGC), a U.S. govt. agency, was established to ensure that participants in defined benefit pension plans receive their pensions if their plans terminate without sufficient assets to pay promised benefits. PBGC administers separate insurance programs to protect participants in single-employee and multi-employer plans. In addition to tabular presentations of current and historical data on PBGC's insurance programs, this edition features 2 discussions. The first describes how the terminations of the plans of 2 large steel companies will impact the size and distribution of claims against PBGC. The second describes the current distribution of PBGC-insured hybrid pension plans. Extensive charts and graphs.