[uncommonsense]

Grrraate! Guess us producing taxpayers will pick up the tab for this mess - along with the hundreds of billions of other failed union / liberal boondoggles:

Pension Benefit Guaranty Corporation

"The Pension Benefit Guaranty Corporation protects the retirement incomes of more than 44 million American workers. Find out more about us, including how we're governed, how we're organized, and the customers we serve."

[Praxeologue]

Your link notes that the Pension Benefit Guaranty Corporation does not insure state, county or local plans, i.e. Detroit.