Bailing out the FEG : is the Fair Entitlements Guarantee (formerly GEERS) approaching its own fiscal cliff?

Publisher:
LexisNexis
Publication Type:
Journal Article
Citation:
Insolvency Law Bulletin, 2013, 13 pp. 153 - 158
Issue Date:
2013-03
Full metadata record
This article discusses what recent statistics and public reports reveal about the funding of GEERS (now the FEG) and its bottom line. The article examines (1) whether there has been a “blowout” in the scheme which guarantees the recovery of employee entitlements in liquidations and (2) what might be done to put the scheme on a firmer fiscal footing.
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