The AFL-CIO, the United Auto Workers and the United Steel Workers then petitioned Congress – against strong opposition from business interests – to establish the Pension Benefit Guaranty Corporation in 1974 to insure private pensions against companies’ failure to honor them.
AFL-CIO, United Auto Workers et United Steel Workers ont ensuite demandé au Congrès - malgré une forte opposition des milieux d'affaires - de créer la Pension Benefit Guaranty Corporation en 1974, afin d'assurer les retraites privées contre ce risque.