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This document serves as a lock-in application for special financial assistance (SFA) under the Pension Benefit Guaranty Corporation (PBGC) regulations for the Pension Plan of the Int\'l Union of Bricklayers & Allied Craftworkers Local #15 PA. It details the plan\'s eligibility, priority group, and certifies the accuracy of the application as required by the PBGC.
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What is lock-in application?
A lock-in application is a formal request submitted to restrict the withdrawal of funds or shares in an investment account, ensuring that the investor maintains their investment for a specified period.
Who is required to file lock-in application?
Investors who wish to secure their investments by locking in funds or shares for a predetermined time frame are required to file a lock-in application.
How to fill out lock-in application?
To fill out a lock-in application, investors must provide personal information, account details, the specific investment vehicles to be locked in, the desired lock-in period, and any required signatures or identification.
What is the purpose of lock-in application?
The purpose of a lock-in application is to ensure that investors commit their funds for a certain time to promote stability in their investment and prevent premature withdrawals.
What information must be reported on lock-in application?
Information that must be reported includes investor details, investment account number, type of investment, duration of the lock-in period, and any relevant financial data.
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