The First Part of the Pension Protection Act of 2006

question 12

Multiple Choice

The first part of the Pension Protection Act of 2006 (PPA) modified ERISA. Which of the below was NOT a major modification?

• A) It required underfunded plans to pay additional premiums to the Pension Benefit Guaranty Corporation (PBGC).
• B) It tightened the requirement for companies terminating their pension plans to provide extra funding to the pension system.
• C) It closed loopholes that allowed underfunded plans to skip pension payments.
• D) It required that companies measure their pension plan obligations more accurately.

Comprehend the characteristics and examples of deductive reasoning.

Grasp the concept and examples of the imaginary audience and personal fable in adolescent thought processes.

Understand the nature of hypothetical thought and its relationship to formal operational thinking.

Recognize the characteristics and examples of inductive reasoning and its counterpart in human cognition.

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Definitions:

Career

The progression of an individual's work experiences and advancements over time in a particular field or occupation.

Effective

Producing the intended or desired result with efficiency.

Jeffrey Wigand

A whistleblower in the tobacco industry known for exposing corporate practices concerning the addictive nature and health effects of cigarettes.

Whistle-blowing

The act of exposing any kind of information or activity that is deemed illegal, unethical, or not correct within an organization.