Session from the 2012 CCA Annual Meeting
10/24/2012 - 8:00 – 9:15 AM
Session Category: Employee Benefits - PBGC/Plan Termination Issues
Credits: EA Core 1.50 CPD 1.50
In recent years, the PBGC aggressively pursued employers who maintain ongoing plans for up to the full amount of the plan’s termination liability, based on certain asserted downsizing events. These events include not only full plant shutdowns, but also going-concern asset sales, transfers of operations to other locations, and the discontinuance of only one of several operations at a particular location. Learn how to plan effectively for such an event and how to deal effectively with a PBGC demand for downsizing liability.