Pension Reversion

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Pension reversion

Termination of an overfunded defined benefit pension plan and replacement of it with a life insurance company-sponsored fixed annuity plan.

Pension Reversion

The act of a company canceling an over-funded pension plan in order to recover the amount by which it is over-funded. In addition, pension reversion usually also involves replacing the canceled plan with a less expensive, fixed annuity plan using funds recovered from the former plan. The amount by which funds from the former plan exceed the cost of the new plan is paid to the company or employer.

pension reversion

Termination of a pension plan by an employer that wishes to capture the amount by which the plan is overfunded. Pension reversions are generally accomplished by using funds in the plan to purchase a fixed annuity from an insurance company. Excess funds beyond the cost of the annuity revert to the company.

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No references found			California A court of appeal held that a taxpayer's pension reversion income was not includible in business income under either a transactional or functional test. Current corporate income tax developments by Boucher, Karen J. / The Tax Adviser The change in the rating reflects UNA's strengthening its balance sheet by reducing debt levels through a pension reversion, asset sales, reduction of net working assets, and a series of patent settlements. Fitch Ratings Upgrades UNOVA Inc. to 'B-' by Business Wire 57 per share) related to excise tax on the pension reversion partially offset by a $3. Ethyl Corporation Reports Improved Third Quarter and Nine Months 2002 ... by Business Wire			penalty Penalty Bid Penalty Clause Penalty Fee Penalty for Underpayment of Estimated Tax Penalty Plan Penalty Tax Pence pencil out Penetration pennant Penni Penny Penny Stock Penny Stock Reform Act Pennying Pension Pension Benefit Guaranty Corporation Pension Cost Pension Fund Pension Liabilities Pension Maximization Pension Parachute Pension Plan Pension Protection Act of 2006 Pension Reversion Pension Rollover Pension Shortfall Pension Sponsor Pension Sponsors Pension/Annuity Starting Date Pensioner Pensionistico Pensions penthouse Penultimate Profit Prospect Peon People Pill People's Bank of China PEPS Pequeno inversor PER per annum per capita Per Capita Debt Per Capita Income per diem charge Per Diem Interest per door Per Mille Per Se			pension off pension off pension off pension off pension off Pension parachute Pension Parachutes Pension Payment Order pension plan pension plan pension plan pension plan Pension Plan Vesting Pension Plan Vesting pension plans pension plans pension plans pension plans pension plans Pension Protection Act Pension Protection Act of 2006 Pension Protection Act of 2006 Pension Protection Fund Pension Protection Fund Ombudsman Pension Real Estate Association Pension Reasonable Benefit Limit Pension Reform Options Simulation Toolkit Pension Research Council Pension Reserves Investment Management Pension Reserves Investment Trust Pension Reversion Pension Rights Center pension rollover Pension Rollovers Pension scheme Pension Security Act Pension Shortfall Pension Shortfalls Pension Sponsor Pension sponsors Pension Welfare Benefit Agency Pension/Annuity Starting Date pensionability pensionable pensionable pensionable pensionable pensionaries pensionaries pensionary pensionary pensioned pensioned pensioned pensioned pensioned off pensioned off pensioned off pensioned off pensioneer trustee pensioner

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