Randy Watson Posted June 26, 2007 Posted June 26, 2007 Someone is telling me that PPA eliminated the need to rely on 95-1 for purposes of terminating a defined benefit plan. I've read that section of the act and the new rule is clearly limited to defined contribution plans. Has anyone heard anything suggesting that 95-1 no longer applies for terminating DBs?
david rigby Posted June 26, 2007 Posted June 26, 2007 When you searched PPA for this issue, what did you find? 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.
Randy Watson Posted June 26, 2007 Author Posted June 26, 2007 When you searched PPA for this issue, what did you find? The provision in PPA is limited to DC plans. I'm wondering whether there was something else out there that I missed.
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