Excerpt: The Pension Benefit Guaranty Corporation takes a dim view of employers that purchase annuities at a favorable price before initiating a standard termination process to end their pension plan, an employee benefits attorney said Oct. 10 at an American Law Institute-American Bar Association Conference. 'PBGC tends not to like the idea of purchasing irrevocable commitments and then doing a standard termination as an afterthought,' said attorney Harold Ashner, [a partner at Keightley &Ashner]. [Click on the title link under 'Items of Interest' on the target page.]  MORE >>