Quote:
Originally posted by ltl/fb
For private sector defined benefit plans, the Pension Benefit Guaranty Corporation guarantees benefits up to a certain level if the company abandons an underfunded plan. So, people who were low-paid continue getting their full benefits but people whose benefit would be higher than whatever the maximum is will get a lower benefit. If the plan is abandoned but almost completely fully funded (which would be less usual) and the assets are sufficient to pay more than the guaranteed maximum, the people who are entitled to higher benefits under the terms of the plan will get higher benefits.
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Dude. You should get a job at, like, Starbucks. That you know that shit is a big part of the relating to others problems, I think ,
