◀ The Principal Blog

Posts from the ‘Advisors’ category

PBGC: A Four-Letter Word to Plan Sponsors



The noble mission of the Pension Benefit Guaranty Corporation (PBGC) is to pay benefits to the orphaned retirees of failed defined benefit (DB) plans (with some limitations). To date, they have taken responsibility for about 4,500 single employer DB plans, covering the shortfalls between benefits…

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Where’s the Beef?



I recently read a news blurb. Apparently, this past January was the 30 year anniversary of the burger chain commercial where the little old lady asked “Where’s the beef?”. I was reminded of this expression this week in a phone call with our marketing people. As a value-added service, our…

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