Assessment of Special Rules Exempting Employers Withdrawing from Multiemployer Pension Plans from Withdrawal Liability

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ISBN 13 :
Total Pages : 68 pages
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Book Synopsis Assessment of Special Rules Exempting Employers Withdrawing from Multiemployer Pension Plans from Withdrawal Liability by : United States. General Accounting Office

Download or read book Assessment of Special Rules Exempting Employers Withdrawing from Multiemployer Pension Plans from Withdrawal Liability written by United States. General Accounting Office and published by . This book was released on 1984 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Assessment of Special Rules Exempting Employers Withdrawing from Multiemployer Pension Plans from Withdrawal Liability

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Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781719268776
Total Pages : 68 pages
Book Rating : 4.2/5 (687 download)

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Book Synopsis Assessment of Special Rules Exempting Employers Withdrawing from Multiemployer Pension Plans from Withdrawal Liability by : United States Accounting Office (GAO)

Download or read book Assessment of Special Rules Exempting Employers Withdrawing from Multiemployer Pension Plans from Withdrawal Liability written by United States Accounting Office (GAO) and published by Createspace Independent Publishing Platform. This book was released on 2018-05-21 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Assessment of Special Rules Exempting Employers Withdrawing From Multiemployer Pension Plans From Withdrawal Liability

Assessment of Special Rules Exempting Employers Withdrawing from Multiemployer Pension Plans from Withdrawal Liability

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ISBN 13 :
Total Pages : 54 pages
Book Rating : 4.:/5 (652 download)

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Book Synopsis Assessment of Special Rules Exempting Employers Withdrawing from Multiemployer Pension Plans from Withdrawal Liability by : United States. General Accounting Office

Download or read book Assessment of Special Rules Exempting Employers Withdrawing from Multiemployer Pension Plans from Withdrawal Liability written by United States. General Accounting Office and published by . This book was released on 1984 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Retirement Security

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Publisher : BiblioGov
ISBN 13 : 9781289080723
Total Pages : 72 pages
Book Rating : 4.0/5 (87 download)

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Book Synopsis Retirement Security by : U S Government Accountability Office (G

Download or read book Retirement Security written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-06 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: In response to a requirement of the Multiemployer Pension Plan Amendments Act, GAO studied the effect of special rules which apply to employers withdrawing from multiemployer pension plans in the construction, trucking, and entertainment industries. GAO also assessed the criteria for granting or denying requests for special withdrawal liability exemptions to plans in other industries. The act made a significant change in contributing employers' relationships to multiemployer pension plans which are established pursuant to collective bargaining agreements. The act requires withdrawn employers to pay for their allocated portion of the plan's unfunded vested benefits. However, special rules apply to employers contributing to construction and entertainment industry plans which exempt them from withdrawal liability. A limited exemption from liability is also available to qualified trucking industry plans. GAO found that the special withdrawal liability exemption had little effect on 45 of the 54 construction plans sampled, because the plans either were fully funded for vested benefits or had not identified any withdrawn employers. At the remaining plans, most of the withdrawn employers had no withdrawal liability. The exemption for the trucking industry had little effect at the plans GAO sampled. Only one of the nine plans qualified for exemption. The exemption had little effect at two of the three sampled entertainment plans because they were fully funded. The third plan had not identified any withdrawn employers. GAO found that the plans' generally adequate funding levels provided reasonable protection to the plans. Two out of eight requests for exemptions for plans in other industries have been approved and the remaining applications are being reviewed. The small number of applications and the plan-by-plan evaluation approach should allow careful evaluation of industry characteristics as well as the financial condition of the plans applying.

Effects of Liabilities Assessed Employers Withdrawing from Multiemployer Pension Plans

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Publisher :
ISBN 13 :
Total Pages : 92 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Effects of Liabilities Assessed Employers Withdrawing from Multiemployer Pension Plans by : United States. General Accounting Office

Download or read book Effects of Liabilities Assessed Employers Withdrawing from Multiemployer Pension Plans written by United States. General Accounting Office and published by . This book was released on 1985 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Retirement Security

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Author :
Publisher : BiblioGov
ISBN 13 : 9781289057923
Total Pages : 96 pages
Book Rating : 4.0/5 (579 download)

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Book Synopsis Retirement Security by : U S Government Accountability Office (G

Download or read book Retirement Security written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-06 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: GAO reviewed the implementation and effects of the withdrawal liability provisions of the Multiemployer Pension Plan Amendments Act of 1980 (MPPAA) on those multiemployer plans not covered by the special rules or exemptions that apply mainly to construction and entertainment industry plans. The Pension Benefit Guaranty Corporation (PBGC) administers an insurance program for private pension plans and guarantees the payment of certain benefits to the participants of the plans if a plan terminates without sufficient assets to provide vested benefits, called withdrawal liability. Prior to MPPAA, employers could withdraw from a plan without any continuing obligation; now they are required to pay an allotted portion to the plan's unfunded vested benefits. GAO found that MPPAA eliminated or reduced the effects of withdrawal liability by providing limits on the collection of liabilities from individual employers. GAO also found that the determination of appropriate interest rates was complex because the assumptions should reflect the long-term expectation of rates of return on the investment of plan assets held by the plan. GAO believes that there is a need to monitor determinations of withdrawal liability by multiemployer plans and to consider the issuance of regulations on actuarial assumptions. MPPAA set forth four methods used in allocating a plan's unfunded benefits to withdrawing employers and, depending on the method selected, the amounts allocated may differ between new and current employers or between growing and declining employers. GAO believes that MPPAA-imposed liability increases the pension security of participants in poorly funded plans and provides protection against the insolvency of the PBGC insurance fund by reducing the contingent liability against the program resulting from poorly funded plans.

Assessment of Special Rules Exempting Employers Withdrawing from Multiemployer Pension Plans from Withdrawal Liability

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Publisher :
ISBN 13 :
Total Pages : 70 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Assessment of Special Rules Exempting Employers Withdrawing from Multiemployer Pension Plans from Withdrawal Liability by : United States. General Accounting Office

Download or read book Assessment of Special Rules Exempting Employers Withdrawing from Multiemployer Pension Plans from Withdrawal Liability written by United States. General Accounting Office and published by . This book was released on 1984 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Effects of Liabilities Assessed Employers Withdrawing from Multiemployer Pension Plans

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Publisher :
ISBN 13 :
Total Pages : 92 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Effects of Liabilities Assessed Employers Withdrawing from Multiemployer Pension Plans by : United States. General Accounting Office

Download or read book Effects of Liabilities Assessed Employers Withdrawing from Multiemployer Pension Plans written by United States. General Accounting Office and published by . This book was released on 1985 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Effects of Liabilities Assessed Employers Withdrawing from Multiemployer Pension Plans

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Author :
Publisher : Independently Published
ISBN 13 : 9781091168404
Total Pages : 94 pages
Book Rating : 4.1/5 (684 download)

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Book Synopsis Effects of Liabilities Assessed Employers Withdrawing from Multiemployer Pension Plans by : United States General Accounting of Gao

Download or read book Effects of Liabilities Assessed Employers Withdrawing from Multiemployer Pension Plans written by United States General Accounting of Gao and published by Independently Published. This book was released on 2019-03-22 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: Effects of Liabilities Assessed Employers Withdrawing From Multiemployer Pension Plans

The Controlled Group Rule for Purposes of the Withdrawal Liability Provisions of the Employee Retirement Income Security Act

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ISBN 13 :
Total Pages : 23 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis The Controlled Group Rule for Purposes of the Withdrawal Liability Provisions of the Employee Retirement Income Security Act by : Israel Goldowitz

Download or read book The Controlled Group Rule for Purposes of the Withdrawal Liability Provisions of the Employee Retirement Income Security Act written by Israel Goldowitz and published by . This book was released on 2016 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: Employers that withdraw from multiemployer pension plans incur withdrawal liability pursuant to Title IV of the Employee Retirement Income Security Act of 1974 ('ERISA'), as amended. For purposes of Title IV, all trades or businesses under common control are considered a single employer. This article discusses the general effects of the "controlled group" rule and the effect of the rule on certain specialized procedural issues.

Monthly List of GAO Reports

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ISBN 13 :
Total Pages : 16 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Monthly List of GAO Reports by :

Download or read book Monthly List of GAO Reports written by and published by . This book was released on 1984 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes legal decisions and opinions of the Comptroller General.

Developments in Aging: Appendixes

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ISBN 13 :
Total Pages : 360 pages
Book Rating : 4.3/5 (626 download)

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Book Synopsis Developments in Aging: Appendixes by : United States. Congress. Senate. Special Committee on Aging

Download or read book Developments in Aging: Appendixes written by United States. Congress. Senate. Special Committee on Aging and published by . This book was released on 1985 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Financial Conditions of Multiemployer Pension Plans Generally Improved from 1978 to 1980

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ISBN 13 :
Total Pages : 96 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Financial Conditions of Multiemployer Pension Plans Generally Improved from 1978 to 1980 by : United States. General Accounting Office

Download or read book Financial Conditions of Multiemployer Pension Plans Generally Improved from 1978 to 1980 written by United States. General Accounting Office and published by . This book was released on 1985 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Pension Plans

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ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Pension Plans by : United States. General Accounting Office

Download or read book Pension Plans written by United States. General Accounting Office and published by . This book was released on 1986 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Effects of the 1980 Multiemployer Pension Plan Amendments Act on Plan Participants' Benefits

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ISBN 13 :
Total Pages : 64 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Effects of the 1980 Multiemployer Pension Plan Amendments Act on Plan Participants' Benefits by : United States. General Accounting Office

Download or read book Effects of the 1980 Multiemployer Pension Plan Amendments Act on Plan Participants' Benefits written by United States. General Accounting Office and published by . This book was released on 1985 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

GAO Documents

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ISBN 13 :
Total Pages : 688 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis GAO Documents by : United States. General Accounting Office

Download or read book GAO Documents written by United States. General Accounting Office and published by . This book was released on 1985 with total page 688 pages. Available in PDF, EPUB and Kindle. Book excerpt: Catalog of reports, decisions and opinions, testimonies and speeches.

The 1980 Multiemployer Pension Plan Amendments Act

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ISBN 13 :
Total Pages : 100 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The 1980 Multiemployer Pension Plan Amendments Act by : United States. General Accounting Office

Download or read book The 1980 Multiemployer Pension Plan Amendments Act written by United States. General Accounting Office and published by . This book was released on 1985 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: