Final Rule on USERRA Benefits Under Title IV

The PBGC has published a final rule that amends PBGC’s benefit payments regulations to implement provisions of the Uniformed Services Employment and Reemployment Rights Act of 1994.

Dpcument Excerpt

Final rule on USERRA Benefits Under Title IV.On November 17, 2009, PBGC published in the Federal Register a final rule that amends PBGC’s benefit payments regulation to implement provisions of the Uniformed Services Employment and Reemployment Rights Act of 1994 (USERRA). USERRA provides that an individual who leaves a job to serve in the uniformed services is generally entitled to reemployment by the previous employer and, upon reemployment, to receive credit for benefits, including employee pension plan benefits, that would have accrued but for the employee’s absence due to the military service.

Link http://www.pbgc.gov/practitioners/whatsnew.html

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