The PBGC, in its general strategic plan for fiscal 2008-2013 released Thursday, said one key goal will be to enhance its scrutiny of pension plans. “Improve risk monitoring and early warning activities and align resources to assure proper plan terminations” will be a goal of the agency, according to the strategic plan, first reported Thursday afternoon on Pensions & Investments’ website, pionline.com.
In addition, the PBGC said it wanted to “obtain enhanced recoveries from bankrupt plan sponsors that emerge from reorganization, and intervene in corporate transactions to mitigate loss” to the PBGC.
The agency is seeking public comment on the plan, which is available at www.pbgc.gov, until Oct. 17.
