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Claim Against Employers Net Worth


Definition of "Claim against employers net worth"

Tony  Tramontozzi
  My Home Group

Claim by the pension benefit guaranty corporation (PBGC) against an employer for reimbursement of the PBGC's loss (for a terminated plan) up to 30% of the net worth of the employer. If this amount is not paid, the PBGC may place a lien on all of the assets of the employer.



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