Distress Termination Process | Midpage

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Code of Federal Regulations

Subpart C

Distress Termination Process

4041.41Requirements for a distress termination.4041.42Administration of plan during termination process.4041.43Notice of intent to terminate.4041.44PBGC review of notice of intent to terminate.4041.45Distress termination notice.4041.46PBGC determination of compliance with requirements for distress termination.4041.47PBGC determination of plan sufficiency/insufficiency.4041.48Sufficient plans; notice requirements.4041.49Verification of plan sufficiency prior to closeout.4041.50Closeout of plan.4041.51Disclosure of information by plan administrator in distress termination.