PBGC is not authorized to waive interest charges on late premium payments.Д¬orporate transactions, Multiemployer, Withdrawal LiabilityДЄddresses whether a withdrawal would take place if a corporation transfers all of its assets to one of its divisions and whether a withdrawal occurs in the event of a stock sale if contributions to the plan continue.ДЄddresses the distribution of residual assets to an employer.ДЄddresses mass withdrawal generally, the effect of a 'substantially all' mass withdrawal on the de minimis reduction and 20-year cap, and the meanings of 'substantially all' and 'agreement or arrangement'. State liability with respect to private-sector plans to which employees contribute. Unrelated buyer, Multiemployer, Withdrawal LiabilityДЄddresses the meaning of the term 'the unfunded vested benefits attributable to employees of the employer' for purposes of the cap on the unfunded vested benefits attributable to employees of an employer that sold substantially all of its assets to an unrelated buyer. Government contractors are not excluded from PBGC coverage. Plan meets the Governmental plan coverage exemption.Д¬onstruction industry, Multiemployer, Withdrawal LiabilityДЄddresses whether the construction industry exception to withdrawal applies where a contractor's CBA expires, its employees do not perform any more work for which the contractor was previously required to make contributions, but the contractor subcontracts for the performance of such work. Profit sharing plans are excluded from coverage under Title IV.ДЄddresses whether a multiemployer plan with only one remaining contributing employer continues to be a multiemployer plan.ДЄ plan that in practice met the criteria for tax qualification for five years prior to its termination date was covered under Title IV at plan termination.ДЄsset Sale Exception, Multiemployer, Withdrawal LiabilityДЄddresses the bond / escrow requirements of section 4204 of ERISA which, if satisfied along with the other 4204 requirements, mean that a sale of assets by a contributing employer will not constitute a withdrawal from a multiemployer plan. Provides relief from certain premium penalties and in certain situations involving alternative premium funding target elections.ДЄssessment of Penalties for Failure to Provide Required Information (1995)Дescribes PBGCвЂ™s revised policy on assessing penalties for failing to timely provide required information to PBGC.ДЄssessment of Penalties for Failure to Provide Premium-related Information (1996)Дescribes the penalty for failing to timely provide required premium related information to PBGC.ДЇrequently Asked Questions About ERISA 4062(e)ДЄnswers common questions on liability and notice requirements following a substantial cessation of operations.ДЄ restated plan document created an aggregate of single plans and not a single pension plan, with a valid allocation of assets among those separate plans. Premium Penalty Relief - Alternative Premium Funding Target Election Relief Provides guidance on the bonding and escrow requirements imposed on employers that sell their assets.

Recharacterization of contributions, PremiumsДЄddresses PBGCвЂ™s policy on accepting and responding to amended premium filings based on recharacterization of contributions. Premium Changes Based on Recharacterization of Contributions The Effect of The Deficit Reduction Act on The Withdrawal Liability Provisions of The Multiemployer ActД¬larifies that any multiemployer plan that is not amended to adopt a non-presumptive allocation method is required to allocate unfunded vested benefits using the presumptive method. Assessment of Penalties for Failure to Provide Required Information (1997)Дistress terminations, Standard termination, Penalties, Reporting requirementsДescribes the revised penalty for failing to timely provide required information to PBGC in standard terminations and sufficient distress terminations.

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