"Plan termination" refers to the process of ending or shutting down a plan or project. It typically involves ceasing all activities, ending any contracts or agreements, and resolving any remaining obligations or financial matters. Full definition
Plans subject to the Multiemployer Pension Plan Amendments Act of 1980 (MPPAA) assess withdrawal liability against an employer for its allocable share of the plan's unfunded vested benefits upon a complete or partial withdrawal of the employer from the multiemployer plan, rather than on plan termination. (pbgc.gov)
This book describes the motives of all of the parties in DB pension issues very well, and why they tend to lead to DB plan terminations. (alephblog.com)
Streamlined the calculation of plan termination process by drastically reducing the all - day job to a three - hour procedure through automation and advanced excel programming. (jobhero.com)