包括私营部门计划的支撑—养老金保护基金（PPF）在内的投资者将坐拥整个资本结构，并可以随意划分现金流转。

The investors, which will include the Pensions Protection Fund (PPF)—the backstop for private-sector schemes—will own the entire capital structure and can divide cashflows as they like.

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在美国，银行存款与公司养老金在全部门范围保险制度的保护之下，其基金由参保企业集资而成。

In America bank deposits and company pensions are protected through sector-wide schemes, funded by a levy on those that participate.

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