Multiple Choice
The first part of the Pension Protection Act of 2006 (PPA) modified ERISA. Which of the below was NOT a major modification?
A) It required underfunded plans to pay additional premiums to the Pension Benefit Guaranty Corporation (PBGC) .
B) It tightened the requirement for companies terminating their pension plans to provide extra funding to the pension system.
C) It closed loopholes that allowed underfunded plans to skip pension payments.
D) It required that companies measure their pension plan obligations more accurately.
Correct Answer:

Verified
Correct Answer:
Verified
Q7: Qualified pension funds invest in assets that
Q8: The purpose of the Pension Funding Equity
Q9: In regards to the defined-benefit pension assets
Q10: The great success of private pension plans
Q11: A _ is a fund that is
Q13: To ensure that a pension plan is
Q14: Corporate plan sponsors are inclined to employ
Q15: The largest share of both defined-benefit and
Q16: The Social Security Act of 1935 provided
Q17: Describe the essence of a qualified fund.