Posts tagged ‘PBGC’

Large and Underfunded? PBGC Wants Your Info!



In the 2002 futuristic sci-fi movie Minority Report, Tom Cruise plays the chief of a police unit dedicated to identifying and stopping crimes before they have actually been committed.  Cruise does this in between chase scenes with the help of three prescient beings (called “PreCogs”) floating…

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From Frozen to Terminated—Final Risk Transfer



My last post discussed step two in the defined benefit (DB) plan termination process. Now it’s time to look at the final step of a hard-frozen DB plan termination—the final risk transfer. This involves paying out plan benefits to participants in order to satisfy the liabilities associated with…

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