Author Question: In the case of defined benefit plans, the employer must cover any underfunding that may result from ... (Read 141 times)

RRMR · **on:** Jun 24, 2018

In the case of defined benefit plans, the employer must cover any underfunding that may result from the plan's poor performance.
Indicate whether the statement is true or false

Question 2

Union Electric wishes to construct a new coal-fired plant in the northeastern corner of Arizona. Union plans to use the maximum achievement technology for the scrubbers on the plant to reduce emissions. Will Union be able to obtain a permit from the EPA to build and operate the new power plant? Discuss the issues that Union faces.

adf223 · **Reply #1 on:** Jun 24, 2018

Answer to Question 1

TRUE

Answer to Question 2

Union will not be able to obtain a permit for new emissions but will rather have to buy emissions rights from others or reduce its emissions in its other plants to try and obtain the emissions capacity it needs. No new emissions is the mantra - there is the bubble concept that caps the amount of emissions and allows new plants only when there is a comparable reduction.