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22Oct

Warning: Your 2020 PBGC Premiums Could Be Much Higher than You Expect

Pension plans that are not fully funded for PBGC purposes have two parts to their PBGC premium. One part is a flat rate premium of $83 per participant in 2020 ($80 for 2019). The other is a variable rate premium that looks to the value of the plan’s...
By: Morgan Lewis - ML Benefits
Source Url: https://www.jdsupra.com/legalnews/warning-your-2020-pbgc-premiums-could-56549/

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