Define the pension benefit guaranty corporation

Reference no: EM13180626

The Pension Benefit Guaranty Corporation (PBGC) is a government agency that absorbs pension obligations when a company goes bankrupt or otherwise cannot fulfill its pension obligations to current or former employees.
Where is the moral hazard in this?

Reference no: EM13180626

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Define the pension benefit guaranty corporation : The Pension Benefit Guaranty Corporation (PBGC) is a government agency that absorbs pension obligations when a company goes bankrupt or otherwise cannot fulfill its pension obligations to current or former employees. Where is the moral hazard in ..

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