US pension agency&#39;s deficit more than doubles in 2004
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The US agency that insures the pensions of 44 million workers said its deficit more than doubled to $23.3 billion this year on the expectation additional company retirement plans will fail.
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The US budget gap expanded to $412.55 billion in fiscal 2004, marking the Bush administration&#39;s second-straight record deficit, the Treasury Department said on Thursday.
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The federal agency that insures workers&#39; pensions said Monday that its deficit forsingle-employer programs doubled to a record $23.3 billion, prompting renewed hand-wringing on Capitol
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Struggling under a cascade of bankruptcy filings in the airline and steel industries, the government&#39;s pension insurance agency said yesterday that its deficit has more than doubled in the past year -- to $23.
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Retirees for a third straight year are paying double-digit increases for healthcare coverage through their former employers, which are shifting a greater
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The federal agency that insures pension plans said yesterday that its deficit, already at the highest in its history, had doubled in its last fiscal year, to $23.
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According to Department of Homeland Security studies, the instance of identity theft and computer fraud has doubled annually since 1999, costing Americans billions of dollars.
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British Airways PLC said Friday its pensions fund deficit more than doubled and angered unions by proposing an increase in the retirement age and limiting pay raises as a way to reduce it.
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As many of the nationâs largest employers struggle to control rising retiree health costs, they are asking their retirees to pay more and plan to do so again in 2005, according to new survey results.
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WASHINGTON -- The federal budget deficit would have been 69 percent higher than the $162.8 billion reported two months ago if the government had used the same accounting methods as private companies, the Bush administration reported Monday.
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The government agency that insures the private pensions of 44.4 million workers said Monday that its deficit more than doubled in 2004 to a record $23.
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Telecoms operator BT Group said that its pension deficit had widened to 3.4 billion pounds by the end of 2005.
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Leading economists say US taxpayers may have to pay for a pensions shortfall at the agency that protects pensions funds.
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The deficit at the federal agency  that rescues failed U.S. pension funds more than doubled to  $23.3 billion in fiscal 2004, officials said on Monday, as the  safety net was hit by losses from pension plans that have  failed or are expected to fail.
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October 8, 2004 -- The longer-term solvency of the US agency that insures pensions is at risk, threatened by troubled airlines and other companies failing to fund their retirement plans, the agency&#39;s director said yesterday.
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Onge and John Hughes. The Pension Benefit Guaranty Corp., the federal agency that protects retirement plans for more than 44 million workers, said Monday that its deficit more than doubled to $23.
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BRATISLAVA- Slovakia's state budget deficit increased to Sk70.28bn in 2004, from Sk55.97bn in 2003, and in December 2004 alone was Sk36.2bn higher year-on-year, Finance Ministry spokesman Peter Papanek told CTK ...