UPDATE 1-US House panel OKs pension premium increases

Newswire

(Adds detail, background, byline) By Susan Cornwell WASHINGTON, Oct 26 (Reuters) - A plan to raise U.S. corporate pension insurance premiums was backed by a House panel on Wednesday, amid warnings that a taxpayer bailout loomed if something was not done to shore up the federal pension insurance agency. The measure, described as a fallback plan in case lawmakers do not enact comprehensive pension reforms, would raise up to $6.2 billion over five years for the Pension Benefit Guaranty ...

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