google bot detected Merger Consolidation Or Reorganization Of Plan Sponsor | Insurance Glossary | Realestateagent.com

Merger Consolidation Or Reorganization Of Plan Sponsor


Definition of "Merger, consolidation or reorganization of plan sponsor"

Change in the nature of an employer or other organization that sponsors a qualified pension plan. A qualified plan must guarantee vested benefits due to participants in the event of a merger, acquisition, or change in employer status. For example, the value of benefits cannot be reduced as the result of a merger.



Related Real Estate Glossary terms

Related Real Estate FAQ