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In 2018, PBGC’s multiemployer program collected $292 million in premium income, the most it has collected in the past decade, and 300 percent more than was collected in 2009. (Photo: Shutterstock)

President Trump’s Fiscal Year 2020 budget would raise premiums that collectively bargained retirement plans pay to the Pension Benefit Guaranty Corp. by $18 billion over 10 years.

Nick Thornton


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