Sentences with phrase «multiemployer defined»
Withdrawal Liability (for Multiemployer Plans only)- The liability assessed by a multiemployer defined benefit plan against an employer that (1) permanently stops contributing to the plan, (2) permanently ceases covered operations under the plan, or (3) under certain circumstances, reduces its contributions to the plan.
https://www.pbgc.gov/
Multiemployer Pension Plan Insurance Program - A PBGC insurance program that covers private (non-governmental) multiemployer defined benefit plans.