FT MarketWatch

Distress termination

A situation that arises when a Benefit plan lacks the funds needed to continue to pay out the benefits earned by employees. Distress termination allows a company to escape Benefit responsibilities in Order to avoid or delay the complete shutdown of the company.

Related Terms: 13 Benefit, Cap, Dow, Distress termination, Fund, ITS, Low, Lows, OID, Order, Own, Term, Void
Other Related Pages: Category: Retirement Starting With: D
Semi Related Terms: 558 CLICK HERE TO VIEW
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