PBGC Projections Report

The PBGC’s report on projected solvency is released. It projects that the PBGC’s multiemployer pension plan program will likely run out of money by the end of 2025 while the financial picture for single-employer plans will likely continue to improve.

Document Excerpt
This year’s projections for PBGC’s multiemployer program show less uncertainty regarding the year it will use up all of its assets; most projections show insolvency occurring during the three fiscal years 20242026.

New results for PBGC’s single-employer program are consistent with findings of the prior year’s report – the financial status of the program is likely to improve and reach a surplus net position within the next decade.

Link

https://www.pbgc.gov/sites/default/files/fy-2016-projections-report-final-signed.pdf

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