The Pension Benefit Guaranty Corporation's deficit increased to $36 billion in 2013, in large part because of the worsening financial picture at multiemployer plans.
The agency's multiemployer insurance program's deficit rose to more than $8.1 billion this year, compared with $5.3 million last year.
Multiemployer plans provide lifetime income to more than 10 million people in 1,400 plans, but because more plans are expected to fail in the future, costs have gone up.
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