◀ The Principal Blog

Posts from the ‘Retirement’ 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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Fear of (Not) Dying



One of the downsides of being a pension actuary is that conversations can often turn a bit morbid.  Mortality is such a heavy subject that non-actuaries (also called “people”) consciously use more pleasant euphemisms like “longevity”. Others simply take a hiatus from their regular blog to…

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