Carpe Opportunitatem: Think Beyond PPA’06-Required Participant Communications By Lydia Moore, Sibson Consulting, a Division of Segal, New York, NY The Pension Protection Act of 2006 (PPA ’06) requires employers that sponsor defined benefit (DB) retirement...
The point here is the Service has ruled when there is a 20% employee turnover rate (i.e., 20% of participating employees have had employment severed), there is a presumption that a partial termination of the plan has occurred. If this is true, then your qualified plan...
