The PBGC has recently allocated funds to strengthen Multiemployer Pension Plans. This white paper outlines the recommended methods for searching and planning records for deceased participants, ensuring the integrity of your plan’s census and population. Proper handling of these records will help administrators avoid potential compliance issues.
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
Effectively managing the new fund allocations requires a thorough understanding of your participant records, especially as they relate to deceased individuals. This white paper offers essential guidance on how to navigate these updates and ensure that your plan’s census remains accurate and compliant with PBGC regulations. Proper management of these records is crucial to safeguarding fund distribution and maintaining regulatory adherence.
