CBO analyzes the impact of retirement benefits on the federal budget and on the compensation, recruitment, and retention of its employees. It assesses the short-term and long-term effects of potential changes to those benefits.
- ReportOptions to Improve the Financial Condition of the Pension Benefit Guaranty Corporation’s Multiemployer Program
The pensions of some 10 million people are insured by the Pension Benefit Guaranty Corporation’s multiemployer program. CBO projects future claims on the program and losses to its beneficiaries and analyzes potential policy changes.
CBO discusses two approaches to calculating the present value of a plans liabilities.