Allocation Of Plan Assets On Termination

Definition of "Allocation of plan assets on termination"

Valerie  Jewis real estate agent

Written by

Valerie Jewiselite badge icon

Keller Williams Hudson Valley United

Distribution of assets if a pension plan is terminated. The allocation is made by either:

  1. refunding all of an employee's contributions, plus interest;
  2. establishment of classes of employees and their beneficiaries according to entitlement to benefits.

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