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  • Research: Risks to government pension insurer worse than thought

    University of Illinois finance professor Jeffrey R. Brown says that the Pension Benefit Guaranty Corp., the federal pension insurance agency that steps in when private-sector employers with underfunded defined-benefit plans go bankrupt, is facing a financial shortfall.

    University of Illinois finance professor Jeffrey R. Brown says that the Pension Benefit Guaranty Corp., the federal pension insurance agency that steps in when private-sector employers with underfunded defined-benefit plans go bankrupt, is facing a financial shortfall.

    Photo courtesy College of Business

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      University of Illinois finance professor Jeffrey R. Brown says that the Pension Benefit Guaranty Corp., the federal pension insurance agency that steps in when private-sector employers with underfunded defined-benefit plans go bankrupt, is facing a financial shortfall.

      Photo courtesy College of Business

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  • To contact Jeffrey R. Brown, call 217-333-3322; email brownjr@illinois.edu. The paper, “A Review of the Pension Benefit Guaranty Corporation Pension Insurance Modeling System,” is available online.