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Date
Rule
801.1(a)(2)
Staff
Michael Verne
Response/Comments
The Pension Benefit Guaranty Corporation (or PBGC) is an independent agency of the United States government created by the Employee Retirement Income Security Act of 1974 to encourage the continuation and maintenance of voluntary private pension plans, provide timely and uninterrupted payment of pension benefits, and keep pension insurance premiums at a minimum. N Ovuka concurs.

Question

From: (redacted)

Sent: Thursday, January 05, 2006 4:08 PM

To: Verne, B. Michael; Ovuka, Nancy M.

Subject:HSR Question

First ofall Happy New Year to you both.

Second, isthe Pension Benefit Guaranty Corporation (PBGC) considered an"entity" under Section 801.1(a)(2) of the Act. I am assuming I am notthe first person to ask the question and the FTC has already taken a positionon this matter. However, if it hasn't and if you would like or need moreinformation let me know and we can go forward from there.

Thanks asalways.

MVCOMMENT

The PensionBenefit Guaranty Corporation (or PBGC) is an independent agency of the United States government created by the EmployeeRetirement Income Security Act of 1974 to encourage the continuation andmaintenance of voluntary private pension plans, provide timely anduninterrupted payment of pension benefits, and keep pension insurance premiumsat a minimum.

About Informal Interpretations

Informal interpretations provide guidance from previous staff interpretations on the applicability of the HSR rules to specific fact situations. You should not rely on them as a substitute for reading the Act and the Rules themselves. These materials do not, and are not intended to, constitute legal advice.

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