That Federal agency is the Pension Benefit Guaranty Corporation or PBGC who underwrites and guarantees America's corporate pension plans.
The PBGC's bottom line is very shaky these days like everthing else financial. The PBGC redeems those pension plans gutted by corporate failures and greed.
The Associated Press reports a PBGC plan to increase it's liquidity- and the Government Accounting Office (GAO) thinks that plan is risky business.
The American taxpayer may well end up bailing-out the PBGC- as we apparently are about to bail-out that irresponsible twosome-Fanny Mae and Freddy Mac.
No ideas whatsoever from Washington how to bail-out we American taxpayers.....
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