Iamnpf 2 Jeopardy Template

I guarantee it	Money, Money, Money	What's in a Name?	I fought the law...	Self-improvement is always acceptable
100 What is the Pension Benefits Guarantee Corporation? Your benefit will be protected, but seriously reduced when this place takes over your pension	100 What is Schedule A? In 2000, all employers were a part of this accrual rate	100 Who is Ryk Tierney? The Big Kahuna	100 Who are Taft and Hartley? These two men drafted the authority for the Fund to exist	100 What is Red Zone Status? Plans certified this way are required to adopt a Rehabilitation Plan
200 What is September 2, 1974? This is the date the PBGC was founded	200 What is 2014? Schedule B became the rates for everyone in this year	200 Who is Wendy Frye The right hand (wo)man	200 What is the Pensions Protection Act of 2006? This law established zone certifications	200 What are elimination of subsidies to the max extent required by law going forward, reduction of future accruals to 1%, and additional employer contributions? These are the 3 factors that build a Default Schedule under a Rehabilitation Plan
300 What is 24.7 million? The PBGC protects this many employees nationwide.	300 What is $46.98? My employer pays $1 an hour and I earn this much for it each year	300 Who are Trustees Jimmy Conigliaro and Henry Eichelberg? Chairpersons	300 What is Employee Retirement Income Security Act (ERISA) of 1974? Known as the retirement Bible, this law established requirements of death benefits and the PBGC	300 What is December 31, 2031? This date ends the IAM National Pension Fund's Rehabilitation Plan Period
400 What is $12,870? This is the maximum amount a participant can received under the PBGC with 30 years of service.	400 What is a non-standard rate? My employer pays this type of contribution rate, meaning some of the money does not count toward additional accruals	400 Who is Bob Martinez? I.P.	400 What is Pension Protection Act of 2006? This law would sunset in 2014 and be replaced with a new law with added provisions	400 What is the Pop-Up provision? This benefit is eliminated under the Default Schedule, but is not eliminated in the Preferred Schedule.
500 What is The Renco Group Inc.? The PBGC has restored 2 pension plans back to their original company owners, this one took place in 2016	500 What is $939.60? This is the normal amount a participant would receive if they worked for 20 years at $1 an hour	500 Who is Jerome Powell? Fed Chair	500 What is the Wagner Act? Taft-Hartley became a law because many believed this act went too far in giving power to Unions	500 What is 84%? This percentage of employers have adopted the Rehab Plan Preferred Schedule

IAMNPF #2

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