Coronavirus (COVID-19) News and Resources
Coronavirus (COVID-19) Webcasts
Subscribe to Free Daily Newsletters
Post a Job

Featured Jobs

Enrolled Actuary
Loren D. Stark Company logo
Loren D. Stark Company
(Telecommute)
ESOP Valuation Writer
Unique ESOP Valuation Provider
(Telecommute)

Free Daily News and Jobs

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Get the BenefitsLink app LinkedIn
Twitter
Facebook

<< Previous news item   |   Next news item >>



Text of Letter to PBGC Concerning Overly Expansive Interpretation of ERISA Section 4062(E) (PDF)
American Benefits Council; ASPPA College of Pension Actuaries [ACOPA]; Committee on Benefits Finance, Financial Executives International; and the Committee on Investment of Employee Benefit Assets [CIEBA] Link to more items from this source
[Opinion]
June 5, 2014
"[T]he PBGC's enforcement of section 4062(e) reflects a policy position that in our view is not consistent with the law.... This enforcement is costing businesses hundreds of millions of dollars, diverting assets from business investments and jobs.... [In] some cases, the PBGC's actions are preventing important business transactions from occurring at all, stopping companies from selling unneeded or unprofitable facilities and from achieving efficiencies by consolidating operations."

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2020 BenefitsLink.com, Inc.