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Glossary

Notice of Insolvency
Glossary / Retirement & Pension

What is Notice of Insolvency (for Multiemployer Plans)? – Simple and Easy Explanation

December 11, 2025January 5, 2026 - by taichinh

A multiemployer pension plan is a retirement plan sponsored by a group of employers, often within the same industry, and a labor union. Occasionally, these plans face financial difficulties, and …

What is Notice of Insolvency (for Multiemployer Plans)? – Simple and Easy Explanation Read More
Notice of Intent to Terminate (NOIT)
Glossary / Retirement & Pension

What is Notice of Intent to Terminate (NOIT)? – Simple and Easy Explanation

December 11, 2025January 5, 2026 - by taichinh

A crucial step in the pension world, especially for single-employer plans, is the Notice of Intent to Terminate (NOIT). This notice is required under the Employee Retirement Income Security Act …

What is Notice of Intent to Terminate (NOIT)? – Simple and Easy Explanation Read More
Notice of Determination (NOD)
Glossary / Retirement & Pension

What is Notice of Determination (NOD)? – Simple and Easy Explanation

December 11, 2025January 5, 2026 - by taichinh

PBGC issues a Notice of Determination (NOD) to inform a plan administrator when a single-employer pension plan may need to be terminated. This notice is an important part of ensuring …

What is Notice of Determination (NOD)? – Simple and Easy Explanation Read More
Normal Retirement Date
Glossary / Retirement & Pension

What is Normal Retirement Date? – Simple and Easy Explanation

December 11, 2025January 5, 2026 - by taichinh

Meta Description:Learn what a Normal Retirement Date is, when you can start pension benefits, and how it impacts your retirement planning. Understanding your pension plan can feel complicated, but one …

What is Normal Retirement Date? – Simple and Easy Explanation Read More
Normal Retirement Age (NRA)
Glossary / Retirement & Pension

What is Normal Retirement Age (NRA)? – Simple and Easy Explanation

December 11, 2025January 5, 2026 - by taichinh

Meta description: Learn what Normal Retirement Age (NRA) is, how it works in pension plans, and why it matters for your retirement benefits. Understanding your retirement benefits can feel complicated, …

What is Normal Retirement Age (NRA)? – Simple and Easy Explanation Read More
Normal Married Form / Normal Single Form
Glossary / Retirement & Pension

What is Normal Married Form / Normal Single Form? – Simple and Easy Explanation

December 11, 2025January 5, 2026 - by taichinh

Discover how Normal Married and Normal Single Forms affect pension benefits and what they mean for retirees. When planning for retirement, understanding the details of your pension plan can feel …

What is Normal Married Form / Normal Single Form? – Simple and Easy Explanation Read More
Nonguaranteed Benefit
Glossary / Retirement & Pension

What is Nonguaranteed Benefit? – Simple and Easy Explanation

December 11, 2025January 5, 2026 - by taichinh

Discover what a nonguaranteed benefit is and how it affects your pension. Learn why it’s not fully protected by PBGC and what it means for retirement planning. Understanding your pension …

What is Nonguaranteed Benefit? – Simple and Easy Explanation Read More
MyPBA (for Single-Employer Plans only)
Glossary / Retirement & Pension

What is MyPBA (for Single-Employer Plans only)? – Simple and Easy Explanation

December 11, 2025January 5, 2026 - by taichinh

Manage your PBGC-trusteed pension benefits securely online with MyPBA for single-employer plans. Navigating retirement benefits can sometimes feel overwhelming, but the Pension Benefit Guaranty Corporation (PBGC) has made it easier …

What is MyPBA (for Single-Employer Plans only)? – Simple and Easy Explanation Read More
My PAA
Glossary / Retirement & Pension

What is My PAA? – Simple and Easy Explanation

December 11, 2025January 5, 2026 - by taichinh

Securely manage your pension plan filings and payments online with PBGC’s My PAA portal. Managing pension plans can feel overwhelming, especially when it comes to submitting filings and payments accurately …

What is My PAA? – Simple and Easy Explanation Read More
Multiple Employer Plan
Glossary / Retirement & Pension

What is a Multiple Employer Plan? – Simple and Easy Explanation

December 11, 2025January 5, 2026 - by taichinh

A Multiple Employer Plan (MEP) is a type of retirement plan that allows two or more unrelated employers to participate in a single, shared pension or 401(k) plan. Instead of …

What is a Multiple Employer Plan? – Simple and Easy Explanation Read More

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