A growing number of private, multiemployer pension plans are projected to become insolvent over the coming years, as is the Pension Benefit Guaranty Corporation (PBGC), the government entity that insures them. Absent substantial reform, the PBGC will be unable to pay promised benefits to the retirees of the failed pension plans that it insures.
One gallon of paint typically covers 350 square feet. However, a gallon of primer usually only covers about 200 square feet. The exact amount needed depends on brand, paint type, the surface and the application method.
Assume that a paint is purchased that has a maximum or theoretical coverage of 300 square feet per gallon with a paint film thickness of 1.5 mils. If the paint is spray applied with a conventional gun with 20% to 50% transfer efficiency, the paint will actually only cover 60 to 150 square feet.