June 23, 2016
On June 17, 2016, the Pension Benefit Guaranty Corporation (PBGC) issued its annual projections on the financial status of its single-employer insurance program. The FY 2015 Projections Report covers the projected financial status of its single-employer insurance program using simulations of the economy and alternative scenarios. The single-employer analysis shows the single-employer program will on average have a projected surplus of $2.6 billion in 2025. This is an increase of $7.5 billion from last year’s Report.