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Pension agency: 1.5 million plans underfunded About 1.5 million workers may receive lower retirement benefits as their retirement plans are seriously underfunded, according to the Pension Benefit Guaranty Corp. Employees covered by multi-employer plans are at the greatest risk, while single-employer pension plans for about 30 million participants are financially stable. Despite the poor financial standing of underfunded multi-employer plans, the outlook has improved from last year, the agency added.   -- CNBC

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