Regulacje i polityka gospodarcza · 13/12/1996

Disclosure to Participants; Benefits Payable in Terminated Single-Employer Plans

The Pension Benefit Guaranty Corporation (PBGC) has amended its regulation on Benefits Payable in Terminated Single-Employer Plans to reflect the maximum guaranteeable pension benefit for plan participants in single-employer pension plans that terminated in 1997. The updated rule provides information on the increased maximum guarantee amount for 1997, which is based on changes in the contribution and benefit base under the Social Security Act.