PBGC Reverses Prior Position as It Agrees To Pay Benefits for Shuttered Hospital’s Plan

PBGC Reverses Prior Position as It Agrees To Pay Benefits for Shuttered Hospital’s Plan

05/14/13

The Pension Benefit Guaranty Corporation announced May 10 that, in a reversal of a prior position, it would pay the pension benefits for more than 800 former employees of a New Jersey hospital center that closed in 2004.

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