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Though little chronicled, a rush by individuals to pull cash out of a weakened fund represents a hidden risk to pensions.
It's the biggest bank failure this year, and one that is estimated to cost the federal agency's weakened fund $4.9 billion.
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Among those are falling endowments and weakened fund-raising, which both afflict the Philharmonic.
Weakening funding rules increases the risk to the government's insurance program, pension analysts say.
Over all, developed economies have strengthened whereas emerging economies have weakened, the fund said.
This weakened the fund and increased the burden on taxpayers, but, since pension accounting is eye-glazingly dull, few complained.
The new rule would prevent retirees from removing large sums of money from a weakened pension fund, endangering it further.
The introduction of public funding for political parties in 1994 weakened the fund-raising function, as did an electoral reform at the same time that replaced multi-member constituencies (for which party factions therefore competed) with a mixture of single-member seats and proportional representation.
I cannot agree to any revisions that would weaken the fund".
The Philadelphia Orchestra's withdrawal from the national pension caused concern among other orchestras, who felt the move could weaken the fund.
The comptroller said his own one-time plan, to help 1,100 localities and the state government, would not weaken the fund going forward.
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