When sponsors terminate underfunded plans during bankruptcy, it can deplete resources of the Pension Benefit Guaranty Corp. (PBGC), which protects the pensions of almost 44 million Amer. workers and retirees who participate in over 29,000 defined benefit pension plans. In 2009, PBGC reported a deficit of $30 billion. This report determined what pay and other compensation exec. received in the years preceding their company¿s termination of an underfunded defined benefit pension plan. The report analyzed a listing of the 1,246 underfunded plans that were terminated from 1999 to 2008 and selected public co. with large unfunded liabilities, large unfunded liabilities per participant, and a large number of plan participants. A print on demand report.