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Pension Benefit Guaranty Corporation
Pen·sion Ben·e·fit Guar·an·ty Cor·po·ra·tion
noun
Definition:
fund supporting bankrupt pensions:
a government-sponsored nonprofit insurance fund that guarantees the solvency of pension funds
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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