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The brief’s key findings are: Participants in multiemployer pension plans have their benefits insured by the Pension Benefit Guaranty Corporation (PBGC). However, the PBGC’s guaranteed benefit levels are very low compared to single employer plans. Of greater concern, the PBGC’s insurance fund for multiemployer plans is projected to be exhausted within the next 10 years…
Plastic or paper? Americans have spoken. In 2013, they made $4.1 trillion in purchases on their credit and debit cards, according to the Nilson Report – and that figure keeps marching upward. Some researchers view this as a dangerous trend. Plastic cards, they contend, put distance between a man and his bank account. Without t…