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PBGC Proposes Conforming Changes to Guaranteed Benefits and Asset Allocation Regs Concerning Owner-Participants
Wolters Kluwer Law & Business Apr. 18, 2018 "The proposed regulations would amend the PBGC's benefit payment regulation by replacing the guarantee limitations applicable to substantial owners with a new limitation applicable to majority owners. In addition, the proposed regulations would amend the PBGC's asset allocation regulation by prioritizing funding of all other benefits in priority category 4 ahead of those benefits that would be guaranteed but for the new, owner-participant limitation." |
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