Get more! Sign up for PLANSPONSOR newsletters.
Compliance April 4, 2011
PBGC Asks for Ideas on Regulatory Changes
April 4, 2011 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation is asking for help in identifying regulations for possible modification, streamlining, or repeal.
Reported by
Rebecca Moore
They will be incorporated into a preliminary regulatory review plan in response to President Obama’s Executive Order 13563 on Improving Regulation and Regulatory Review. The PBGC said in the Federal Register that the purpose of this review is to make the agency’s regulatory program both more effective and less burdensome.
The PBGC is asking the public to suggest candidate regulations for review, alternative approaches, etc. to help prepare the preliminary plan. There will be additional opportunities for public comment after the preliminary plan is developed and approved.
Written comments and information on developing the preliminary plan should be submitted by April 20, and may be submitted by:
- Federal eRulemaking Portal: http://www.regulations.gov. Follow the Web site instructions for submitting comments.
- E-mail: reg.comments@pbgc.gov.
- Fax: 202–326–4224.
- Mail or Hand Delivery: Legislative and Regulatory Department, Pension Benefit Guaranty Corporation, 1200 K Street, NW., Washington, DC 20005–4026.
You Might Also Like:
PBGC Launches Amicus Brief Program Seeking Plan Sponsor Involvement
The Pension Benefit Guaranty Corporation is following recent efforts from other retirement regulators that have increasingly weighed in on litigation...
PBGC Revives Dormant Guidance Program After Decades-Long Hiatus
The agency is expected to release comment letters for the first time since 2002.
Why Data Integrity Matters for Plan Sponsors
Berwyn Group CEO John Bikus shares the risks that can arise from incomplete records and suggests best practices to avoid...