The recent infusion of billions into Multiemployer Pension Plans via the Special Financial Assistance program has underscored the critical need for robust plan management. Central to this is data accuracy. The PBGC’s latest white paper, while focused on Multiemployer plans, offers invaluable insights applicable to all pension plans. This white paper distills best practices from the PBGC, emphasizing the importance of Mortality Verification (also known as a Death Audit) and LifeVerify – as a cornerstone of pension plan health.
Why Download This White Paper?
● Comprehensive Overview: Understand the latest PBGC fund awards and their implications for your pension plan.
● Accurate Fund Allocation: Learn proven methods for distributing funds correctly to participants, ensuring precision and compliance.
● Avoid Compliance Issues: Discover common pitfalls and strategies to prevent compliance problems that could affect your plan’s integrity
Don’t let inaccurate data jeopardize your pension plan’s financial stability. By implementing the PBGC-recommended best practices for Mortality Verification, you can significantly enhance your plan’s accuracy, reduce risk, and optimize its long-term health.
