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Old 07-03-2016 | 05:00 AM
  #55  
Hank Kingsley
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Joined: May 2015
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From: Power top
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At the end of 2104, the PBGC was $61 billion in the hole. The single employer programs, like ours, accounted for about $20 billion of that deficit. If I read it right, there are about 22,000 plans in our category.

The other part, the multi employer programs are dragging the PBGC down and could be gone by 2023.

According to the GAO, 2014.

Only the Congress can help, and there's $18 trillion of debt to deal with.
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