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Defined Benefit Plans, Including Cash Balance

Reduced PBGC Premiums not Included in EGTRRA

Guest pension222

By Guest pension222
July 26, 2001 in Defined Benefit Plans, Including Cash Balance

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Guest pension222

Guest pension222

Posted July 26, 2001

Posted July 26, 2001

I seem to recall that there was a provision that did not make it into EGTRRA that would have provided for reduced PBGC premiums to certain plans.

Was it plans with 100 or less or 500 or less participants?

Does anyone remember what the reduced premium was?

Thanks.

david rigby

Posted July 26, 2001

Posted July 26, 2001

100 employees (not participants). $5.

This is the link to the original text of the act: http://thomas.loc.gov/cgi-bin/query/D?c107...p/~c107BPKgoP::

Scroll down to section 702.

I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.

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