The Pension Coalition unveiled a new study, Increasing Pension Premiums: The Impact on Jobs and Economic Growth, revealing the significant economic impact and job loss that would accompany the proposed billions of dollars in increases to Pension Benefit Guaranty Corporation (PBGC) premiums. The proposed increases—essentially a tax hike—limit the ability to invest, create jobs and grow the economy. Employers sponsoring pension plans are already reeling from $17 billion in premium increases enacted over the past two years—adding billions more in unnecessary costs will put an anchor on economic growth.
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