corporate pension watch

 

" the federal Pension Benefit 
 Guaranty Corporation's 
coverage 
depends on a person's age," 
 
the government covers benefits
 of up to about $45,000 a year
 for people who retire at 65; 

 For a 45-year-old 
whose plan fails this year,
 the government covers
a maximum of $11,403 a year
  
 Web site of the pension agency, www.pbgc.gov/news/press_releases/2004 /pr05_14.htm#chart.

 
=====================================================================