Loan & Distribution Specialist AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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Bates & Company, Inc.
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Compass
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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AimPoint Pension
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American Academy of Actuaries Comments to PBGC on Proposed Regs for Mergers and Transfers Between Multiemployer Plans (PDF)
American Academy of Actuaries [Opinion] Aug. 8, 2016
11 pages. "The fact that the statute permits PBGC to provide financial assistance that would enable a plan to postpone insolvency -- not just avoid it -- is an important concept that should be applied throughout the regulations on mergers and transfers.... PBGC's proposed rule, however, would make the solvency requirements for mergers and transfers involving multiemployer plans even stricter than they are under current regulations.... Transactions should be evaluated not against the ideal outcome of no participant benefit losses, but against the current realities facing plans."
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