Pension Benefit Guaranty Corporation

A hearing was held on the Pension Benefit Guaranty Corporation (PBGC), which provides basic pension benefits to workers if an employer is… read more

A hearing was held on the Pension Benefit Guaranty Corporation (PBGC), which provides basic pension benefits to workers if an employer is unable to pay those benefits. In 2007 it was reported that pension plans insured by the corporation were underfunded by $350 billion and that the corporation has a $14 billion deficit. Testimony and questioning focused on the reasons for PBGC’s deficit, steps taken to to build for the future, funding structure, financial challenges, governance and management issues, and the impact of the current financial markets crisis. close

*The transcript for this program was compiled from uncorrected Closed Captioning.

People in this video

More People

Hosting Organization

More information about

Pension Benefit Guaranty Corporation

219 Views
Program ID:
281317-1
Category:
House Committee
Format:
House Committee
Location:
Washington, District of Columbia, United States
First Aired:
Sep 24, 2008
Last Aired:
Sep 25, 2008

Airing Details

  • Sep 24, 2008 | 10:07am EDT | C-SPAN 3
  • Sep 25, 2008 | 5:13am EDT | C-SPAN 2
Purchase a DVD or Download

Pension Benefit Guaranty Corporation

  • DVD
    Length:
    01:29:53
    Price:
    $29.95
    Add to Cart
  • MP4 video - Standard
    Request Download
  • MP4 video - Low
    Request Download
  • MP3 audio
    Length:
    01:29:53
    Price:
    $0.99
    Add to Cart

Clips from This Video