How to Fully Fund and Terminate Your Defined Benefit Pension Plan Today | Sessions
The costs of underfunded DB pension plans weigh on corporate financials and keep both the C-Suite and HR distracted from other mission-critical functions, both on a financial and strategic level. Imagine if you could fully fund your plan and terminate it? You would eliminate the uncertainty and volatility from its changing financial liabilities and PBGC premiums. You could also eliminate the administrative burden associated with tasks such as monthly benefit elections, required notices and disclosures, benefit payments, document maintenance, government filings, audits, address updates, and uncashed checks. This session will show you a simple idea that no one ever told you about. Once you see it, you'll be amazed at its simplicity and it just might make you the hero of the C-suite!
- What are the pension liabilities in simple terms?
- Why are they volatile?
- How can you fully fund them quickly and get your plan to termination?
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