HBSP (USA)
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Note on Pension Guarantee Funds
Pozen, Robert C.; Higgins, Patricia BissettCase HBS-313139-EFinanceThe United States and the United Kingdom both had quasi-government agencies that provided back-up insurance for individuals participating in defined benefit ("DB") pension plans. This note compares and contrasts the United Kingdom's Pension Protection Fund ("PPF") with the United States' Pension Benefit Guaranty Corporation ("PBGC") to illustrate the implications of poorly designed policy structures (the PBGC) in contrast to those created by well...Starting at €8.20