Search Results for PBGC tag:edlabor.house.gov,2010:/edlabor_dem//feed/PBGC 2010-08-05T14:28:37Z Movable Type 4.24-en 3 1 3 U.S. Pension Agency Lost Almost $5 Billion in Stocks in FY 2008 tag:test.mt.house.gov,2008:/edlabor/blog//11.253 2008-10-24T17:48:00Z 2009-01-02T14:54:42Z Kittredge, Betsy Miller The U.S. Pension Benefit Guaranty Corporation’s investment losses now total almost $5 billion in fiscal year 2008, according to information released at a Committee hearing today. Earlier this week, the PBGC reported a $3.1 billion loss in equity investment in... Retirees Are Facing a 401(k) Savings Crisis tag:test.mt.house.gov,2008:/edlabor/blog//11.218 2008-10-22T19:11:00Z 2009-01-02T15:04:22Z Chairman George Miller edlabor.house.gov Today, I chaired a U.S. House Committee on Education and Labor hearing in San Francisco where we examined how the current financial crisis is affecting retirement savings.  Witnesses told us that after a lifetime of planning and saving, a growing... U.S. Pension Agency Has Lost $3 Billion in Stock Investments tag:test.mt.house.gov,2008:/edlabor/blog//11.250 2008-10-22T19:01:00Z 2009-01-02T15:45:50Z Kittredge, Betsy Miller Chairman George Miller announced at a hearing today in San Francisco that the U.S. Pension Benefit Guaranty Corporation lost at least $3 billion in stock investments during the last fiscal year through August, and invested a significant portion of its...