Federal Role in Corporate Pension Protection

Joshua Gotbaum talked about what would happen if the Pension Benefit Guaranty Corporation (PBGC) becomes responsible for protection pension… read more

Joshua Gotbaum talked about what would happen if the Pension Benefit Guaranty Corporation (PBGC) becomes responsible for protection pension plans for American Airlines (AA) due to its filing for bankruptcy. If so, the Corporation could become responsible for up to $17 billion of AA s pension obligations at a time that the PBGC has $81 billion in assets and $107 billion in obligations.

C-SPAN Radio’s Nancy Calo read news headlines at the end of the program. close

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

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Federal Role in Corporate Pension Protection

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Program ID:
303126-5
Category:
Call-In
Format:
Call-In
Location:
Washington, District of Columbia, United States
First Aired:
Dec 12, 2011

Airing Details

  • Dec 12, 2011 | 8:35am EST | C-SPAN 1
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Federal Role in Corporate Pension Protection

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