@oldngray any idea ?
Whatever anyone is willing to pay?
Corner Irish Bar
The old CS plan was a multi employer plan.
There is a limit on what they would payout if the plan went under.
This may be what I was thinking of
If PBGC takes over a terminated plan, the plan sponsor is required to pay a "termination premium" of $1,250 per participant per year for three years.
https://en.wikipedia.org/wiki/Pension_Benefit_Guaranty_Corporation
This may be what I was thinking ofIf PBGC takes over a terminated plan, the plan sponsor is required to pay a "termination premium" of $1,250 per participant per year for three years.
https://en.wikipedia.org/wiki/Pension_Benefit_Guaranty_Corporation
When it gets to that point, it’s Alpo for dinner and a cardboard box for a nap
This may be what I was thinking ofIf PBGC takes over a terminated plan, the plan sponsor is required to pay a "termination premium" of $1,250 per participant per year for three years.
https://en.wikipedia.org/wiki/Pension_Benefit_Guaranty_Corporation
Isn't the plans thst got the government bailout guaranteed until 2051
Isn't the plans thst got the government bailout guaranteed until 2051
Probably figured most of us will be dead by then the liabilities will be less lol
Probably figured most of us will be dead by then the liabilities will be less lol
No doubt
He’s turning into a hippie
Im turning into a liberal
I dont wanna work just give me free money
When it gets to that point, it’s Alpo for dinner and a cardboard box for a nap
Just work another 20 years..
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