These are some of the most common myths about the pension termination process that many employers still believe:
- Myth No. 1: The process takes a long time (18–24 months).
- Myth No. 2: The process requires a lot of time from their HR or finance staff.
- Myth No. 3: The company will need to fund the plan to more than 110–120% in order to fully terminate.
On August 26, our benefit plan experts will discuss these myths as well as others. We’ll address and debunk these commonly believed myths and provide actionable insights on how to overcome them with the right planning, process, and partnership.
Get in touch with reality. Learn how to complete a plan termination in less than half the time, using less of your and your team’s time, all while needing a fraction of the expected funding and potentially have surplus funding returned back to the company. This session will equip you with the knowledge to navigate the pension termination process more confidently and efficiently.
