Coverage

Addresses how to determine whether a pension plan is covered by PBGC and explains the common exemptions from coverage.

Surveying and engineering design consultant is a professional individual for purposes of the Professional Service Employer plan coverage exemption.

Title IV does not cover Individual account plans or welfare plans.

Individual account plan exemption from coverage.

Individual account plan is exempt from coverage under Title IV.

A plan maintained by a public agency or political subdivision which has been taken over from a private business is excluded from coverage.

Plan meets the Substantial Owner plan coverage exemption.

Original plan is a Title IV covered plan. Successor plan is also a Title IV covered plan. Successor plan does not qualify as an exempt plan under the Professional Service plan exemption even though successor plan has fewer than 25 employees.

Company owners are physicians and company provides medical services. Plan is exempt as a Professional Servicer Employer plan.

Employer created by state law is a political subdivision of state with authority to tax. Plan meets the Governmental plan exemption from coverage.