Guest erisagal Posted September 1, 2006 Report Share Posted September 1, 2006 Is a plan required by law, unless otherwise provided by contract, to credit interest on pick up contributions of a participant prior to the particpant becoming vested in a pension benefit under the plan? Participants who terminate employment prior to becoming vested and withdrawal the monies, to include interest can receive a hefty payout...taking the interest with seems to erode the funding position of the plan and therefore not in the best interest of the plan. Any thoughts? Link to comment Share on other sites More sharing options...
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