Guest IRISH79 Posted January 25, 2007 Posted January 25, 2007 When an employer is giving the employees a choice to remain in DB plan or go into DC plan prospectively, what information does employer need to provide participants to make choice? Specifically if lump sum is not available under DB plan would employer still be required to provide a hypothetical lump sum present valueof the DB benefit so that ee can compare that with projected DC account balance?
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