The Pension Benefit Guaranty Corporation may terminate a plan for what reason (s)?

Question

Quizplus · Accepted Answer

The Pension Benefit Guaranty Corporation may terminate a plan for the following reasons: the plan does not comply with minimum funding stands, the plan cannot pay benefits when due, the plan has unfunded liabilities following a distribution of more than $10,000 to an owner, and if the plan is not terminated and loss to the PBGC is expected to be unacceptably high. However, all plans are mandated to have insurance for defined benefit plans.

The Pension Benefit Guaranty Corporation May Terminate a Plan for What