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Plan Terminations

Standard Terminations

Find out the rules and requirements for standard termination of a fully funded pension plan, including notices, filings, distribution of benefits, and audits.

Distress Terminations

Find out the requirements for distress termination of an underfunded pension plan, including the process to be followed and notices and other necessary filings.

PBGC-Initiated Terminations

Find out the circumstances under which PBGC can seek the termination of an underfunded plan.

How to Handle Missing Participants

Learn more about PBGC’s program to help terminating plans distribute benefits to unlocatable participants.

Last Updated: August 25, 2021

Termination Forms and Instructions