![The Pension Benefit Guaranty Corp. says it has stepped in to cover pension payments to about 900,000 people.](https://www.oregonlive.com/resizer/MKTadJ22tsOPZsADs3IA7HIu7Ug=/0x1200/cloudfront-us-east-1.images.arcpublishing.com/advancelocal/MR7WNARLZZAJBPWVLZYABVADTQ.png)
A federal agency is seeking to take control of the Boyd Coffee Co. employee pension, claiming it is $8 million underfunded and that the now-defunct company “is financially unable to keep up the plan.”
A federal agency is seeking to take control of the Boyd Coffee Co. employee pension, claiming it is $8 million underfunded and that the now-defunct company “is financially unable to keep up the plan.”