January 7, 2005

The New York Times > Business > Pension Agency Is About to Get a Rescue Plan

This arcane discussion is critically important to millions of workers with company pension plans. While the airlines are the big drain on the Pension Guaranty Corp lately, many other companies' pension plans are or will be under the auspices of the Feds.

This entity must be kept solvent for the benefit of those whose pensions it pays. I'm fortunate to have a pension from a company that has managed its pension plans very well. They are healthy and, God willing, will remain so.

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