PBgC reviews the plan assets and plan funding for those plans that received financial assistance in the past but are neither currently receiving financial assistance nor repay- ing past financial assistance. if the review shows that the value of a terminated plan’s assets exceeds the present value of the plan’s liabilities (not including the amount owed PBgC) or that the value of an ongoing plan’s assets plus anticipated plan income exceeds its anticipated liabilities by more than 20 percent for each of the next three years, then PBgC may seek repayment of all or part of the financial assistance previously.
