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TITLE
"President's Commission on Policy and Implications for Private Pension Financing," Journal of Insurance Issues and Practices, Krogh, Harold C., 1982, Vol. 5, No. 2: 52-63.

ABSTRACT
The Federal Employee Retirement Security Act of 1974 presumably improved the retirement security of persons covered by an "Adequate Private Pension Plan," and presumably has increased adequacy of financial soundness, particularly when complemented by Federal Old Age and Survivors' Disability Insurance "Social Security." Recent federal congressional amendments to the 1974 act and the report in 1981 of the President's Commission on Pension Policy, and related recent developments in the operation of the Pension Benefit Guaranty Corporation encourages study; in observation that Private Pension Programs may be actually subject to significant countertrends, i.e., risk increase, and consequent diminished financial soundness and adequacy of retirement funds. Two aspects of countertrends are furnished in the paper: (1) proposals for modifications of the vesting rules under ERISA; (2) the increased awareness of intensified risk under multi-employer programs.