Transcript: PENSION PLANS GUARANTY CORPORATION AND DEFINED BENEFIT:STEVEN A. KANDARIAN PENSION PLANS

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Statement of Steven A. Kandarian Executive Director , Pension Benefit Guaranty Corportation Committee on Senate Governmental Affairs ``Safeguarding America's Retirement Security: An Examination of Defined Benefit Pension Plans and the Pension Benefits Guaranty Corporation `` September, 15 2003 Mr. Chairman, Ranking Member Akaka, and Members of the Subcommittee: Good afternoon, I am Steven A. Kandarian, Executive Director of the Pension Benefit Guaranty Corporation (PBGC). I want to thank you for holding this hearing on pension funding and the financial health of PBGC, and for your continuing interest in the retirement security of America`s workers. PBGC was created as ...

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