Pension Crisis in the United States - and the Rest of the Defined Benefit World
- Topics:
- Accounting software,
- Financial Regulations
- Tags:
- Benefit,
- Bush Administration,
- Mercer Human Resource Consulting,
- Payroll Solutions,
- Pension Benefit Guaranty Corp.
- Source:
- Mercer Human Resource Consulting
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Overview: Retirement issues have drawn significant attention in the United States over the past year. Social Security and Medicare reform are high on the Bush administration's agenda, highlighting weaknesses in the current social retirement system. The Bush administration and the US Congress have proposed tighter pension funding regulations, intended to strengthen the funded security of US pension plans, and also to help address the growing deficit of the Pension Benefit Guarantee Corporation (PBGC). This article looks at how these "American" issues are finding their way around the globe, and posing challenges for retirement programs worldwide.
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Format: HTML | Date: Sep 2005 | Pages: 4
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