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It’s time to face retirement realities, PBGC Director Josh Gotbaum writes in the March 11 issue of Long Island’s Newsday.
Today marked a big victory for American Airlines’ workers and retirees. American has reversed course and decided to keep the pension plans of its non-pilot employees.
Thanks for visiting PBGC’s brand-new blog.
First, we know some of you are asking: Why does PBGC need a blog?
Great news: Americans are living longer. Unfortunately pensions haven’t kept up, and people are rightly worried about retirement.