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The Hartford
Services for retirement plan benefits due to plan termination, restructuring, merger and acquisition, plant closings or bankruptcy.
A Case for Terminal Funding and Maturity Funding Programs
Generally both programs involve the use of a group fixed annuity to satisfy a liability resulting from a designated group of plan participants. The key distinction is that a Terminal Funding Program is for terminating a pension plan whereas a Maturity Funding Program is used with an active defined benefit or defined contribution plan.
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