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DB Plan Term - Is 66 2/3 % necessary


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Guest crosseyetester
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A defined benefit plan has a proposed termination date of 2/28/07. The current plan document offers 50% and 100% joint and survivor annuities as optional forms of benefit. Are there new PPA rules which require this plan to offer 66 2/3% or 75% as an option? Or can we continue and offer just those two forms of benefit besides single life?

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