Thread: MEP Watch
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  #69  
Old 12-13-2014, 01:14 AM
exactuary exactuary is offline
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Join Date: Jan 2002
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Quote:
one that is included in the deal, DeFrehn says, is an increase in PBGC premiums paid by sponsors, from $13 to $26 per year
Let's do the math

10 million participants (maybe not all subject to premiums)

$42 billion PBGC short fall

4200/participant

4200/13 = 323 years to pay it down (0% interest)

Ought to work out just fine
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Last edited by exactuary; 12-14-2014 at 11:52 PM.. Reason: Let's do the math right
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