Session from the 2011 Enrolled Actuaries Meeting
03/30/2011 - 9:45 - 11:00 am
Session Category: PBGC/Plan Termination Issues
Credits: EA Core 1.50 CPD 1.50
In the aftermath of the 2008 market decline, falling interest rates and continued economic uncertainty, the PBGC may be knocking at your client’s door, or your client may be knocking at the PBGC’s door. PBGC has become more proactive – find out what this means for you and your clients.
At the same time, distress terminations (out of bankruptcy) are becoming increasingly popular with employers. Learn about early warnings and the distress termination process and pitfalls that may be encountered. Come prepared with your questions. A general understanding of the plan termination process is assumed.