Description Of Legislation Relating To Pension Benefit Guaranty Corporation Plan Termination Insurance For Multiemployer Pension Plans
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Author | : United States. Congress. Joint Committee on Taxation |
Publisher | : |
Total Pages | : 68 |
Release | : 1980 |
Genre | : Multiemployer pension plans |
ISBN | : |
Author | : Pension Benefit Guaranty Corporation |
Publisher | : |
Total Pages | : 404 |
Release | : 1978 |
Genre | : Insurance |
ISBN | : |
Author | : United States. Congress. Senate. Committee on Finance. Subcommittee on Private Pension Plans and Employee Fringe Benefits |
Publisher | : |
Total Pages | : 32 |
Release | : 1978 |
Genre | : Defined benefit pension plans |
ISBN | : |
Author | : United States. Congress. Senate. Committee on Finance. Subcommittee on Private Pension Plans and Employee Fringe Benefits |
Publisher | : |
Total Pages | : 338 |
Release | : 1980 |
Genre | : Multiemployer pension plans |
ISBN | : |
Author | : United States. Congress. Senate. Committee on Labor and Human Resources. Subcommittee on Labor |
Publisher | : |
Total Pages | : 144 |
Release | : 1983 |
Genre | : Insurance |
ISBN | : |
Author | : United States. Congress. House. Committee on Ways and Means. Subcommittee on Oversight |
Publisher | : |
Total Pages | : 168 |
Release | : 1979 |
Genre | : Government publications |
ISBN | : |
Author | : United States. Congress. Joint Committee on Taxation |
Publisher | : |
Total Pages | : 64 |
Release | : 1980 |
Genre | : Multiemployer pension plans |
ISBN | : |
Author | : Stan Dupont |
Publisher | : |
Total Pages | : 132 |
Release | : 2013 |
Genre | : Business & Economics |
ISBN | : 9781628081084 |
This book provides background and analysis of the premiums charged by the Pension Benefit Guaranty Corporation (PBGC), which is a government-owned corporation that was created in 1974 to protect the retirement income of participants in private-sector, defined benefit (DB) pension plans. When a company terminates a DB pension plan that does not have enough assets to pay 100% of the promised benefits, PBGC pays, in accordance with statute and up to a maximum yearly dollar amount, the benefits to participants in the terminated plan. In FY2012, 887,000 individuals received $5.5 billion in benefit payments from PBGC. An additional 614,000 workers will receive benefits when they retire. PBGC consists of two insurance programs: (1) a multiemployer pension program, which protects the benefits of 10.3 million participants in collectively bargained DB pensions in which several employers make contributions, and (2) a larger single-employer pension program, which protects the benefits of 33.4 million participants in DB pensions operated by one employer for its eligible employees.
Author | : Pension Benefit Guaranty Corporation |
Publisher | : GPO FCIC |
Total Pages | : 60 |
Release | : 2009 |
Genre | : Business & Economics |
ISBN | : 9781612211176 |
If you sponsor or administer a defined benefit pension plan, it is probably covered by the federal pension insurance program administered by the Pension Benefit Guaranty Corporation. PBGC prepared this Guide to help you and your professional advisers understand the PBGC requirements.
Author | : United States. Congress. House. Committee on Ways and Means |
Publisher | : |
Total Pages | : 232 |
Release | : 1980 |
Genre | : Government publications |
ISBN | : |