[ColdNoMore]

Originally Posted by tophcfa

Don’t make the mistake of assuming defined benefit plans, which were questionably funded before the market crash and are typically invested very heavily in risky assets classes, will come out of this solvent. And also don’t assume the Pension Benefit Gurantee Corporation will have the capital to bail out multiple insolvent plans.

That was actually the exact point...I was trying to make.

A lot of people who have defined benefit retirements, feel comfortable that at least they aren't watching their defined contribution plans losing massive amounts...while not fully understanding what funds those defined benefit plans.

And you're absolutely correct about not assuming that the PBGC... can't become insolvent.