Title IV of ERISA

E698611

Title IV of ERISA is the section of U.S. federal pension law that establishes the Pension Benefit Guaranty Corporation and the framework for insuring and handling the termination of defined benefit pension plans.

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Label Occurrences
Title IV of ERISA canonical 1

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Statements (47)

Predicate Object
instanceOf component of the Employee Retirement Income Security Act of 1974
title of federal statute
administeredBy Pension Benefit Guaranty Corporation NERFINISHED
appliesTo private-sector defined benefit pension plans
authorizes PBGC to collect insurance premiums from covered plans NERFINISHED
PBGC to enforce employer liability for underfunded plans
PBGC to guarantee certain pension benefits
PBGC to take over terminated pension plans
bindingOn employers sponsoring covered defined benefit plans
plan administrators of covered defined benefit plans
codifiedIn 29 U.S. Code
concerns allocation of assets upon plan termination
employer withdrawal liability in certain multiemployer plans
pension benefit guarantees
plan underfunding
country United States of America
surface form: United States
creates pension insurance program
defines PBGC benefit guarantees and limitations
employer liability upon plan termination
reporting and disclosure obligations related to plan underfunding
termination insurance premiums
enactedAsPartOf Employee Retirement Income Security Act of 1974 NERFINISHED
enactedBy United States Congress
enactmentYear 1974
establishes Pension Benefit Guaranty Corporation NERFINISHED
excludes church plans that have not elected coverage
defined contribution plans
governmental plans
jurisdiction federal law of the United States
legalArea employee benefits law
pension law
social insurance
objective to encourage continuation and maintenance of voluntary private pension plans
to keep PBGC premiums at the lowest level consistent with carrying out its obligations
to provide timely and uninterrupted payment of pension benefits
partOf Employee Retirement Income Security Act of 1974 NERFINISHED
policyGoal to allocate the cost of pension plan failures to employers rather than to participants
to reduce the risk to participants and beneficiaries caused by plan terminations
primaryPurpose to establish a federal insurance program for private defined benefit pension plans
to protect participants in private defined benefit pension plans against loss of benefits due to plan termination
regulates distress terminations of defined benefit pension plans
involuntary terminations of defined benefit pension plans
standard terminations of defined benefit pension plans
termination of defined benefit pension plans
relatedTo Title I of ERISA NERFINISHED
Title II of ERISA NERFINISHED
Title III of ERISA NERFINISHED

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Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.