Pension Plan Shocker Dead Ahead!

"But really … the PBGC simply needs to get more money into its coffers. A lot of experts are calling for higher premiums being charged to member pension plans. And that may certainly happen. Yet there are two big drawbacks to this approach, as I see it: First, as previously noted, there are already fewer and fewer companies offering defined benefit pension plans. Second, charging the good plans higher premiums will only give companies one more reason to STOP providing defined benefit pension plans, which would exacerbate the existing problem. That leaves just one place for the PBGC to get its money … you and me!"