◀ The Principal Blog

Posts tagged ‘plan sponsor’

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…

Read more

From Frozen to Terminated – Three Key Events



Most DB plan sponsors that freeze their plan want to terminate it completely someday. Terminating the plan allows plan sponsors to: Pay plan participants the benefit they have earned. Eliminate the liability that they have had to manage as part of the plan. There are a lot of moving pieces…

Read more

Recent