Pension Benefit Guaranty Corporation 85-25 October 11, 1985 RE FERENCE: [*1] Joint Imp lementation Guidelines OP INION: Th is is in respo nse to your request for the opinion of the Pension Benefit Guaranty Corporation (PBGC) on whether the asset rev ersion guidelines of May 23, 1984, apply to a t ransfer of assets and liabilities fr om a single-