BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

PBGC increases maximum benefit for 2007


WASHINGTON--Participants in pension plans terminated in 2007 by the Pension Benefit Guaranty Corp. will receive a maximum annual benefit of $49,500, a 3.9% increase from the 2006 maximum.

In fiscal 2006, the PBGC paid about $4.1 billion in benefits to participants in terminated plans, up from $3.7 billion in 2005.

In fiscal 2007, the agency said it expects to pay out $4.8 billion in benefits.