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A comment on Is everything falling apart?. Parent comment
Yes, the backstop isn’t 100% and has a cap, but the pension is will never go “broke”.
I believe the coverage is something like 60% up to $64k/yr.
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Yes, the backstop isn’t 100% and has a cap, but the pension is will never go “broke”.
I believe the coverage is something like 60% up to $64k/yr.