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allocation of plan assets on termination

The premature payout of pension benefits in the event of an employer going out of business or divestiture from an existing pension plan. Employees may either receive all their personal payments plus interest or a portion of their existing benefits, at the employer's discretion.

Related information about allocation of plan assets on termination:
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    The procedure that occurs upon the termination of any kind of pension plan. The allocation of plan assets on termination can occur in one of two ways: either ...
     
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    Mentioned in these terms. allocation of plan assets on termination. Browse by Letter: #ABCDEFGHIJKLMNOPQRSTUVWXYZ ...
     
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    allocation of income rules. allocation notice · allocation of plan assets on termination. Definition. A situation with two or more organizations that are controlled by ...