Responding To PBGC Termination Of Benefit Plan: Part 1

Law360 (June 26, 2019, 1:06 PM EDT) -- This is the first of a three-part article that discusses the practical consequences of the Pension Benefit Guaranty Corporation choosing to involuntarily terminate a financially troubled defined benefit pension plan that is subject to the PBGC's pension insurance program.

The first part of the series discusses the circumstances that may lead the PBGC to select a plan for involuntary termination. The second part of the series will discuss plan sponsor responses to a PBGC involuntary termination proceeding. The last part of the series will discuss transitioning plan administration to the PBGC.

PBGC's Involuntary Termination Program

As the insurer of single-employer (and...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!