Search for: "Pension Benefit Guaranty Corporation"
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4 Dec, 2007 6:58 am by Rob Robinson
... Index Engines Enterprise eDiscovery Platform Index Engines, the leader in enterprise discovery solutions, today announced that Pension Benefit Guaranty Corporation (PBGC) has selected the Index Engines Enterprise eDiscovery Platform to perform comprehensive data ... files, as well as metadata information. The resulting indexes can be easily searched by PBGC paralegals, researchers or corporate counsel representatives and data retrieved as needed for ad hoc discovery requests. Ultimately, with the ...
Information Governance Engagement Area - http://infogovernance.blogspot.com
26 Mar, 2008 5:25 am by Joe Business
Along with discussion of Bear Stearns, the WSJ's opinion page has a helpful discussion of another moral hazard problem: the Pension Benefit Guaranty Corporation. The PBGC is a government safeguard against shortfalls by company pensions. The PBGC is funded by...
Business Law Prof Blog - http://lawprofessors.typepad.com/business_law/
28 Mar, 2008 12:22 am by Joe Hodnicki
This job posting closes April 8, 2008 Position Level: GS 11/12 Position Reports To: Judith M. Weiss, Library Manager Partial listing of job duties: Provides comprehensive reference, research and instructional services to individuals and groups within PBGC. Responds accurately and...
Law Librarian Blog - http://lawprofessors.typepad.com/law_librarian_blog/
10 Apr, 2007 7:42 am by Stephen Worrall
... - The human resource department of the federal government. Participant - Term used in QDROs to distinguish the spouse whose pension is being divided under the Order. Passive Appreciation - An increase in the value of a defined contribution plan which is attributable to ... of a defined benefit plan which employs Mortality Tables and the PBGC interest rates. Pension Benefit Guaranty Corporation (PBGC) - A government agency which was established by ERISA to protect or guarantee a certain portion of ...
Georgia Family Law Blog - http://gafamilylawblog.com/
13 Jan 7:47 am by Carolyn Moskowitz
As Susan Weiswasser reports in the January issue of The Pomerantz Monitor, the economic slump has hit pension funds hard. The Center for Retirement Research at Boston College estimates that the value of investments in each of private sector ... tightening funding requirements while raising funding obligations. Sponsors claimed that reliance on old rules and the Pension Benefit Guaranty Corporation (PBGC), which insures the retirement savings of 45 million Americans, was insufficient to guarantee ...
pomtalk - http://www.pomtalk.com/pomtalk/
19 Feb, 2008 8:56 am by Donald Heyrich
... their traditional defined benefit pension plans into what are known as "cash balance" retirement plans. In fact, according to the Pension Benefit Guaranty Corporation, over 1,500 cash balance plans and other similar hybrid plans were in ... to a cash balance plan did not discriminate against older workers. "To the contrary, the CIGNA Plan provides greater annual benefits to older workers who are similarly situated to younger workers." The court noted that any difference in benefits from a worker ...
Washington Labor, Employment & Employee Benefits Law Blog - http://www.waemploymentlawblog.com/blog/
1 May 2:37 pm by Stanley D. Baum
... bankruptcy protection. To deal with such issues, the PBGC has added to its website a page entitled "Chrysler Pension Plans: Information for Workers and Retirees". As to the current status of those plans, the page states that Chrysler's ... pension plans sponsored by Chrysler for its workers and retirees. The plans remain ongoing and are insured by the Pension Benefit Guaranty Corporation. As the bankruptcy process unfolds, the PBGC will work with Chrysler, its unions, and all other stakeholders to ...
ERISA Lawyer Blog - http://www.erisalawyerblog.com/
18 Apr, 2008 12:43 pm
... who has, no doubt, a point of view starting with the title of her book. She builds a case about why pension dumping (her term) has become an increasingly common practice in the wake of bankruptcy and how investors are profiting off ... pension plan: Competing interests in bankruptcy court The choices that unions have to make The financial burdens assumed by the Pension Benefit Guaranty Corporation The risks that investors take and the returns they look for The issues that companies must deal with as ...
Tags: Pension, Plans
Retirement Plan Blog - http://www.retirementplanblog.com/
3 Jan, 2008 10:10 pm
... sharing. And it gets even better for plan years starting in 2008. For employers with defined benefit plans covered by the Pension Benefit Guaranty Corporation (PBGC), these plans are no longer subject to the 25% combined defined benefit/defined contribution ... % of compensation for the defined contribution plan. And this opens the door for substantial contributions to cash balance pension plans by "professional service employers", (law firms, accounting firms, and medical practices) with more than ...
Tags: 401, k, Plans
Retirement Plan Blog - http://www.retirementplanblog.com/
11 May, 2005 2:30 am by Jamie Sterling
[JURIST] A US bankruptcy judge ruled Tuesday that United Airlines [corporate website] may sever its employees' pension plans, precipitating the largest corporate-pension default in US history. The ruling by Judge Eugene Wedoff [official profile] means that United employees will now receive their pensions through Pension Benefit Guaranty Corporation (PBGC) [corporate website] which initially
JURIST - Paper Chase - http://jurist.law.pitt.edu/paperchase/
10 Sep, 2007 1:01 am
... each plan to which the order applies. The dollar amount or percentage (or the method of determining the amount or percentage) of the benefit to be paid to the alternate payee. The number of payments or time period to which the order applies. The Plan ... Pensions Through Qualified Domestic Relations Orders (PDF, 100 pages). The Pension Benefit Guaranty Corporation responsible for the administration insolvent defined benefit pension plans issued the booklet, Qualified Domestic Relations Orders and ...
Tags: 401, k, Plans
Retirement Plan Blog - http://www.retirementplanblog.com/
21 Aug, 2006 7:22 am by laborprof lpb
Jon Forman (Oklahoma) sent word this morning on the benefit profs listsev that the Pension Benefit Guaranty Corporation (PBGC) has released the Pension Insurance Data Book 2005. Here is an excerpt from the book: 106 pages. Excerpt: This edition of...
Workplace Prof Blog - http://lawprofessors.typepad.com/laborprof_blog/
10 Apr 7:14 am by Glenn Reynolds
MEGAN MCARDLE: The Incredible Shrinking Public Pension Funds. "This is not, it should be emphasized, exclusively a problem of public sector pensions; private firms are also underfunded. But the scale is vastly different. According to the Pension Benefit Guaranty Corporation, which regulates and insures pensions, the total deficit in private plans covering about 34 million workers was a little over 10 billion as of September ...
Instapundit.com - http://instapundit.com/
3 Nov, 2008 11:01 pm by Sabrina
"The Pension Benefit Guaranty Corporation (PBGC) today announced that the maximum insurance benefit for participants in underfunded pension plans terminating...
beSpacific - http://www.bespacific.com/
7 Sep, 2006 1:07 pm
Delta Airlines recently obtained approval to terminate its pilots' pension plan as part of its bankruptcy restructuring plan. This essentially means that the plan will be turned over to the Pension Benefit Guaranty Corporation - a government entity that insures...
Strategic HR Lawyer - http://www.strategichrlawyer.com/
4 Jan 9:12 pm by Sabrina
News release: "The Pension Benefit Guaranty Corporation (PBGC) today released the Pension Insurance Data Book 2007, which offers information on...
beSpacific - http://www.bespacific.com/
10 Nov 2:49 am by By DealBook
Joshua Gotbaum, an operating partner at private equity firm Blue Wolf Capital, is expected to be named director of the Pension Benefit Guaranty Corporation, the White House said Monday.
DealBook - http://dealbook.blogs.nytimes.com
13 Sep, 2004 10:08 am by Amit Patel
In Monday's corporations and securities law news, Public Benefit Guaranty Corp. (PBGC) has announced that Enron has agreed to pay $321 million from the proceeds of its sale of its pipeline operations in CrossCountry Energy LLC to fund pension plans for thousands of former Enron employees. Following the settlement, a bankruptcy judge approved the sale of CrossCountry. As I reported last week,
JURIST - Paper Chase - http://jurist.law.pitt.edu/paperchase/
15 Nov 4:30 pm
... contribution accounts are even more limited than for defined benefit plans. For these plans at least, the Pension Benefit Guaranty Corporation (PBBC) does have its Pension Search database, but it's only useful to assist ... Security Administration which receives Schedule SSA information from the Department of Labor each year for terminated employees with vested benefits. However, the information is only as current as the date that the employer left his former employer. The National Registry of ...
Retirement Plan Blog - http://www.retirementplanblog.com/
18 May, 2007 7:02 pm by Stephen Worrall
... This format may be used by some Deferred Compensation Plans. Pension Benefit Guaranty Corporation (PBGC) Pension Benefit Guaranty Corporation. For bankrupt plans the benefits are administered by this agency. For more on this agency go to the ... is the benefit to which the Coverture Fraction is applied. For the Traditional Coverture Fraction it is generally the actual retirement benefit of the titled-spouse at the time of his or her retirement. Restricted Stock Plan It is a Non-Qualified Plan for ...
Georgia Family Law Blog - http://gafamilylawblog.com/
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