Contractor’s Work Faulted at U.S. Pension Guarantor - PBGC

By MARY WILLIAMS WALSH, NY Times, Published: December 1, 2011
~~ A long-awaited report by the inspector general of the Pension Benefit Guaranty Corporation reveals that even after problems at the company were identified, the pension insurer failed to replace it with another vendor. Instead, it expanded the company’s duties. ~~ [The contractor] made errors of math and logic that could affect the value of pensions being paid to tens of thousands of people. ~~  Click here for the full NY Times article.