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Allocation Of Plan Assets On Termination


Definition of "Allocation of plan assets on termination"

Tanya Nagyhetenyi, MBA
  Coldwell Banker

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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