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[DOC File]Pension protection
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Pension freeze—employer stops future accruals, and blocks any new entrants—not the same as terminating a plan—many large corporations have recently “frozen” their plans—GM, for example, in 2006, froze the salaried plans, and Northwest Airlines (1/2006) which froze its pilots plan—Verizon announced in early December it would ...
effect of bankruptcy on pension

RETIREMENT & INSURANCE
HAWAIIAN AIRLINES MISSES PILOT PENSION CONTRIBUTION. On August 28, 2003, Hawaiian Airlines filed a motion seeking bankruptcy court approval to suspend funding contributions to the Pilots’ Retirement Plan. The Plan covers approximately 425 active pilots and 144 retired pilots and/or survivors.
company bankruptcy and pension plans

[DOC File]Multi-Employer Pension Plan Amendments Act
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A multi-employer pension plan is a plan to which more than one employer contributes and which is maintained pursuant to collective bargaining contracts between the employers and a union or unions. (29 U.S.C. § 1301(a)(3)). Such plans are jointly trusteed and administered under Section 302 of the Labor Management Relations Act, 29 U.S.C. § 186.
chapter 11 and pension plans

[DOC File]United Air Wins Right to Default on Its Employee Pension Plans
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By MICHELINE MAYNARD . May 11, 2005 NYTimes.com. United Airlines, which is operating in bankruptcy protection, received court permission yesterday to terminate its four employee pension plans, setting off the largest pension default in the three decades that the government has guaranteed pensions.
are pensions safe from bankruptcy

[DOC File]Frozen Plans - Pension Benefit Guaranty Corporation
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An Analysis of Frozen Defined Benefit Plans. Summary. While a number of high-profile pension plan terminations have received widespread attention in recent years, a related and equally important issue is the degree to which companies that sponsor ongoing pension plans are “freezing” benefits.
bankruptcy and erisa

[DOC File]This document is the property of the Pension and Welfare ...
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Other Plans Reviewed: As of / / Assets: $ Participants: Period Covered by Investigation: ... plan sponsor advisements to plans affected by the plan sponsor’s bankruptcy filing) Interviews Conducted: ... This document is the property of the Pension and Welfare Benefits Administration ...
chapter 11 bankruptcy and pensions

[DOCX File]Keeping Bankruptcy Both Efficient and Fair - ABI
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All told, in FY 2012 we opened 38 new bankruptcy cases. Companies that continued their pension plans following a bankruptcy filing include Great Atlantic & Pacific Tea Company (A&P), with more than 26,000 people, Lee Enterprises, with 4,200, and Houghton Mifflin Harcourt Publishing with 4,000.
what happens to pensions in bankruptcy

[DOCX File]Employee Pension and Benefits Outline (Fall 2012)
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Pension plans are covered in Titles 1- 5; welfare plans are covered in Titles 1,4-7. Title I- Labor law provisions- describes minimum standards for both employee pension plans and welfare plans. Covers all employee benefit plans (pension plans and welfare benefit plans) Contains rules for minimum participation, vesting, accrual, and funding ...
can pension plans go bankrupt

[DOC File]BANKRUPTCY QUESTIONNAIRE - Homestead
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Keep any loose bankruptcy information and/or instructions that we have provided with your bankruptcy folder for future reference. Please remember to make sure you list all creditors in this questionnaire. ... 401-K Plans, or other pension, retirement, or profit sharing plans: Name of Company:_____ Value $_____ Type of plan (ie: IRA, 401-K, 403 ...
effect of bankruptcy on pension

Bankruptcy and pension plans