US - The American Benefits Council (ABC) has called on the Pension Benefit Guaranty Corporation (PBGC) to use "more reasonable" market-based assumptions when calculating deficits, and to increase its equity allocation.
The PBGC reported this week its deficit for 2006 had fallen to by US$4.7bn to $18.1bn, but Lynn Dudley, Council VP for retirement policy, stressed that news "came as no surprise" in light of last y...
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