termination Overview

Freeze Plan Benefit Accruals and Amend Plan Document

 

Finalize Accrued Benefit Calculations

 

Establish Short-Term Investment Philosophy

 

IRS and PBGC Plan Termination Requirements

 

· PBGC Notice of Intent to Terminate

· PBGC Notice of Plan Benefit

· IRS Notice to Interested Parties

· IRS Form 5310 and 6088

· PBGC Standard Termination Notice

· Annuity Placement

· PBGC Notice of Annuity Information

· PBGC Post Distribution Certification

 

For a detailed explanation for each of the items listed above, and a copy of our article published in The Actuarial Digest, please send an email to drumas@mcactuaries.com

 

Midwest Consulting Actuaries, Inc.

2052 45th Street, Suite I

Highland, IN 46322

 

Indiana Phone: 219.227.6059

Illinois Phone 630.868.8597

E-mail: drumas@mcactuaries.com