Pension Benefit Guaranty Corporation Improvements Needed To Address Financial And Management Challenges
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Author |
: U S Government Accountability Office (G |
Publisher |
: BiblioGov |
Total Pages |
: 32 |
Release |
: 2013-06 |
ISBN-10 |
: 1289060401 |
ISBN-13 |
: 9781289060404 |
Rating |
: 4/5 (01 Downloads) |
Synopsis Pension Benefit Guaranty Corporation by : U S Government Accountability Office (G
The U.S. Government Accountability Office (GAO) is an independent agency that works for Congress. The GAO watches over Congress, and investigates how the federal government spends taxpayers dollars. The Comptroller General of the United States is the leader of the GAO, and is appointed to a 15-year term by the U.S. President. The GAO wants to support Congress, while at the same time doing right by the citizens of the United States. They audit, investigate, perform analyses, issue legal decisions and report anything that the government is doing. This is one of their reports.
Author |
: Barbara D. Bovbjerg |
Publisher |
: DIANE Publishing |
Total Pages |
: 29 |
Release |
: 2009-05 |
ISBN-10 |
: 9781437910506 |
ISBN-13 |
: 1437910505 |
Rating |
: 4/5 (06 Downloads) |
Synopsis Pension Benefit Guaranty Corporation: Improvements Needed to Address Financial and Management Challenges by : Barbara D. Bovbjerg
The Pension Benefit Guaranty Corp. (PBGC) insures the retirement future of nearly 44 million people in more than 30,000 private-sector defined benefit pension plans. In July 2003, PBGC¿s single-employer pension insurance program was designated as ¿high risk,¿ meaning that it needed urgent attention and transformation. The program remains on the list today with a projected financial deficit of over $13 billion, as of Sept. 2007. Because Congress exercises oversight of PBGC, the author was asked to testify on: (1) the critical role PBGC plays in protecting the pension benefits of workers and how PBGC is funded; (2) the financial challenges facing PBGC; and (3) the PBGC¿s governance, oversight and management challenges. Tables.
Author |
: United States Government Accountability Office |
Publisher |
: Createspace Independent Publishing Platform |
Total Pages |
: 30 |
Release |
: 2017-09-14 |
ISBN-10 |
: 1976408180 |
ISBN-13 |
: 9781976408182 |
Rating |
: 4/5 (80 Downloads) |
Synopsis Pension Benefit Guaranty Corporation by : United States Government Accountability Office
Pension Benefit Guaranty Corporation : improvements needed to address financial and management challenges : testimony before the Subcommittee on Oversight, Committee on Ways and Means, House of Representatives
Author |
: Barbara D. Bovbjerg |
Publisher |
: |
Total Pages |
: |
Release |
: 2008 |
ISBN-10 |
: OCLC:1098829074 |
ISBN-13 |
: |
Rating |
: 4/5 (74 Downloads) |
Synopsis Pension Benefit Guaranty Corporation by : Barbara D. Bovbjerg
Author |
: Barbara D. Bovbjerg |
Publisher |
: DIANE Publishing |
Total Pages |
: 34 |
Release |
: 2009-02 |
ISBN-10 |
: 9781437909708 |
ISBN-13 |
: 1437909701 |
Rating |
: 4/5 (08 Downloads) |
Synopsis Pension Benefit Guaranty Corporation by : Barbara D. Bovbjerg
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.
Author |
: U S Government Accountability Office (G |
Publisher |
: BiblioGov |
Total Pages |
: 28 |
Release |
: 2013-06 |
ISBN-10 |
: 1289112673 |
ISBN-13 |
: 9781289112677 |
Rating |
: 4/5 (73 Downloads) |
Synopsis Pension Benefit Guaranty Corporation by : U S Government Accountability Office (G
The U.S. Government Accountability Office (GAO) is an independent agency that works for Congress. The GAO watches over Congress, and investigates how the federal government spends taxpayers dollars. The Comptroller General of the United States is the leader of the GAO, and is appointed to a 15-year term by the U.S. President. The GAO wants to support Congress, while at the same time doing right by the citizens of the United States. They audit, investigate, perform analyses, issue legal decisions and report anything that the government is doing. This is one of their reports.
Author |
: United States Government Accountability Office |
Publisher |
: Createspace Independent Publishing Platform |
Total Pages |
: 26 |
Release |
: 2018-01-14 |
ISBN-10 |
: 1983847534 |
ISBN-13 |
: 9781983847530 |
Rating |
: 4/5 (34 Downloads) |
Synopsis Pension Benefit Guaranty Corporation by : United States Government Accountability Office
Pension Benefit Guaranty Corporation: Financial Challenges Highlight Need for Improved Governance and Management
Author |
: |
Publisher |
: DIANE Publishing |
Total Pages |
: 22 |
Release |
: |
ISBN-10 |
: 9781437943719 |
ISBN-13 |
: 1437943713 |
Rating |
: 4/5 (19 Downloads) |
Synopsis Pension Benefit Guaranty Corporation: Improvements Needed to Strengthen Governance Structure and Strategic Management: Testimony Before Committee on Health, Education, Labor, and Pensions, U.S. Senate by :
Author |
: United States. Government Accountability Office |
Publisher |
: DIANE Publishing |
Total Pages |
: 40 |
Release |
: 2007 |
ISBN-10 |
: 1422397289 |
ISBN-13 |
: 9781422397282 |
Rating |
: 4/5 (89 Downloads) |
Synopsis Pension Benefit Guaranty Corporation by : United States. Government Accountability Office
Author |
: Barbara D. Bovbjerg (au) |
Publisher |
: DIANE Publishing |
Total Pages |
: 66 |
Release |
: 2005-09 |
ISBN-10 |
: 1422300536 |
ISBN-13 |
: 9781422300534 |
Rating |
: 4/5 (36 Downloads) |
Synopsis The Future of the Defined Benefit System and the Pension Benefit Guaranty Corporation by : Barbara D. Bovbjerg (au)
Employer-sponsored defined benefit pension plans (DBPP) face unprecedented challenges in the midst of significant changes in our nation's retirement landscape. Many DBPP & the fed. agency that insures them, the Pension Benefit Guaranty Corp. (PBGC), have accumulated large & growing deficits that threaten their survival. Meanwhile, the percentage of Amer. workers covered by DBPP has been declining for 30 years, reflecting a movement toward defined contribution plans (e.g., 401(k) plans). To address these issues, a diverse group of knowledgeable individuals was convened -- incl. gov't. officials, researchers, accounting experts, actuaries, plan sponsor & employee group rep., & members of the investment community. Charts & tables.