a psp and db currently exist. if the dbpp is terminated and there is a trustee to trustee transfer do participants in the dbpp have to be poffered payiut options or can their monoies simply be transferred to the psp.

For the most part, "termination" and "transfer" are two different animals. Termination of a DB plan can permit a participant to elect a transfer, but not require it. Most likely, the plan document will already note the options available to a plan participant.