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Weekly Clips, March 17, 2017, Texas Pension Review Board P.O. Box 13498 Austin, TX 787113498 www.prb.state.tx.usPRB PLANS Malware: Defined benefit pension plans must be protected March 12, 2017, By

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What is prb plans?

PRB plans are Personnel Reduction in Force plans that outline strategies to reduce personnel in a company or organization.

Who is required to file prb plans?

Any company or organization that is considering reducing personnel through layoffs or downsizing is required to file PRB plans.

How to fill out prb plans?

PRB plans can be filled out by HR departments or management teams, outlining the reasons for reductions, selection criteria, notification procedures, and support services for affected employees.

What is the purpose of prb plans?

The purpose of PRB plans is to ensure that personnel reductions are carried out in a fair and systematic manner, protecting the rights and well-being of affected employees.

What information must be reported on prb plans?

PRB plans must include details about the rationale for reductions, selection criteria, notification procedures, support services for affected employees, and any applicable legal requirements.

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