Lynn Dudley, American Benefits Council SVP for retirement and international benefits policy (Photo: American Benefits Council)

The Pension Benefit Guaranty Corporation—the government organization that insures private pension plans—announced this month that its deficit grew to $36 billion, but some industry groups have taken issue with that number, saying it is artificially inflated.

The PBGC has been in trouble since the Great Recession hit. Add artificially low interest rates, a volatile stock market and the many corporations filing for bankruptcy and it has been the perfect storm for the PBGC.

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