Does the PBGC need more plan sponsor oversight?

Published 3 Min Read

The U.S. Chamber of Commerce is calling for a complete revamp of the Pension Benefit Guaranty Corporation board of directors to include plan sponsors from company and employers affected by the federal agency’s supervision.

The business group says in a new position paper that the PBGC can better “ensure its ongoing viability” by implementing an expanded board structure to include plan sponsors from small and large businesses as well as sponsors from multiemployer plans.


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