Pension Agency Runs Surplus

President Clinton yesterday released the new annual report of the Pension Benefit Guaranty Corp., which showed a surplus for the first time in the PBGC's 22-year history.

The report shows a year-end surplus of $869 million, which Clinton said is largely the result of the enactment of the Retirement Protection Act he signed into law in 1994.

Clinton also announced a toll-free hotline has been set up to provide information to workers about their pension plans.