主题：【原创】我来发个系列，说说社保的问题 -- puma2011
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复 回答一下，
all the current problems all happened before in 1970s.
Therefore, the U.S. federal gov. pushed all private sector DB systems to get insured with a gov. agency called PBGC.
for bankrupt firms, their liabilites will suffer a certain haircut and then be undertaken by the federal PBGC agency.
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