This course provides an overview of the Pension Benefit Guaranty Corporation (PBGC).
Established under Title IV of the Employee Retirement Income Security Act of 1974 (ERISA), the PBGC provides an insurance program for defined benefit plans that the PBGC, under certain circumstances, will pay guaranteed benefits from a defined benefit plan that terminates without sufficient assets to pay participant benefits.
Our training program will help you understand these rules, and includes numerous tips, examples, and procedural recommendations that are interspersed with interactive Q and A sessions to help your learn quickly and easily. And it′s "Bookmark" feature also lets you learn at your own pace, and gives you the ability to review previously completed material.
Upon completion of this course, you will be able to determine:
- Describe the purposes of the PBGC
- List and describe the different types of plan terminations
- Understand the reportable event requirements
- Be familiar with the PBGC requirements applicable to multi-employer plans