2 pages. Click on the top link in the right-hand column of the target page. Excerpt: The Pension Protection Act's changes to the minimum lump-sum valuation rules need to be carefully implemented in the context of standard terminations, practitioners told BNA Sept. 12.... Although PBGC rules permit benefit reductions based on a post-termination amendment to the extent the amendment is necessary to maintain a tax-qualified status, PBGC in a number of standard termination audits concluded that [GATT lump-sum amendments] were adopted too late for Title IV purposes, even though they were timely for plan qualification purposes.  MORE >>