Funding Relief is Still a Bad Idea

Posted by Jeffrey Brown on Feb 3, 2010

Filed Under (Retirement Policy, U.S. Fiscal Policy)

Just a quick note: Today, Treasury Secretary Geithner, in response to a question from Rep. Pomeroy (D-N.D.) about DB pension funding relief, stated that “We think there’s a good case for targeted pension relief … and we’d like to work with you on doing that.”

For my view on why I think pension funding relief is both unnecessary and undesirable, see my prior blog on this point by clicking HERE.