annuities
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Opinion Letter 90-03
Once irrevocable commitments are purchased, PBGC no longer guarantees the benefits.
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Opinion Letter 85-24
PBGC will not insure annuities purchased by a terminated multiemployer plan and PBGC is not authorized to pay benefits when a non-insolvent multiemployer plan terminates.
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Opinion Letter 91-01
Once irrevocable commitments are purchased, PBGC no longer guarantees the benefits.