Originally Posted by
kronan
We do NOT lose PBGC coverage. VB plan is governed by IRS regulations, lots of reporting requirements, and is still covered by PBGC
(Current PBGC Max pensions based on the year you begin collecting the protected pension)
60-43.7k
61-48.4k
62-53.2k
63-57.9k
64-62.6k
65-67.3k
Again you fail to answer the question what has the PBGC said about covering multiple plans? Does the coverage on my current A Plan expire when I transition to the variable stability plan? Or do I get to choose. The Max PBGC benefit is based on the “tax” collected on the traditional A Fund. Isn’t one of the advantages of the stable variable plan that the PBGC fees are reduced? Do they make up the difference in volume?