On the recordOctober 28, 2009
The drafters of ERISA back in the 1970s were careful not to have the PBGC give too generous of benefits in plans taken over by the PBGC.
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congress.govMike Enzi: “The drafters of ERISA back in the 1970s were careful not to have the PBGC give too generous of benefits in plans taken…”
Editor's note · Context
Enzi discusses the historical caution regarding PBGC benefits to prevent company abuses.
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