Congress raises pension premiums employers pay to PBGC

The last major congressional legislative action of 2013 will mean billions of dollars in additional - and some say unnecessary - insurance premiums employers will have to pay to the Pension Benefit Guaranty Corp. Under provisions tucked into a federal budget agreement measure, which lawmakers approved last month, the PBGC flat-rate premium, which ... (more)



http://www.businessinsurance.com/article/20140105/NEWS03/301059975?CSAuthResp=1%3A273523826329119%3A109186%3A64%3A24%3Aapproved%3A980909B01CEDB605CBBD4578A6EBDA46