House Approves Budget Agreement That Includes Hikes in PBGC Premiums

House Approves Budget Agreement That Includes Hikes in PBGC Premiums

12/17/13

Defined benefit plan pension insurance premiums would be increased by Congress for the second time in less than two years under a new budget compromise reached by the heads of the House and Senate Budget committees, with the premium provisions projected to cut federal spending by nearly $8 billion over 10 years. [PDF]

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