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The Pension Benefit Guaranty Corp.’s single-employer insurance program is on target to run a surplus within the next decade, PBGC says. (Photo: Shutterstock)

The Pension Benefit Guaranty Corp.’s single-employer insurance program cut its funding deficit nearly in half in 2017, largely on the strength of favorable actuarial adjustments, increased premium payments from employers, and strong returns on invested assets.

Nick Thornton

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