Designated benefit

Designated benefit means the amount payable to the PBGC for a missing participant pursuant to 4050.5.

Source

29 CFR § 4050.2

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Scoping language

The following terms are defined in 4001.2 of this chapter: annuity, Code, ERISA, insurer, irrevocable commitment, mandatory employee contributions, normal retirement age, PBGC, person, plan, plan administrator, plan year and title IV benefit.

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