PBGC head: We must increase employer premiums

04/11/2011 | Washington Post, The

The Pension Benefit Guaranty Corp.'s proposal to raise employer premiums is expected to generate increasing backlash from employers who have seen health care benefit costs increase during difficult economic times, experts say. Joshua Gotbaum, PBGC director, says that "since nobody wants a taxpayer bailout of the PBGC, premiums have to go up."

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