Data and Research | March 22nd, 2024 Aon Projects PRT Market Will Again Climb Above $40B 2024 has already seen significant activity, with Shell and Verizon both conducting large pension risk transfers in the last few...
Compliance | March 21st, 2024 Central States Pension Plan Negotiating $127M Repayment With DOJ With the PBGC director at a subcommittee hearing, House Republicans indicated the PBGC should lower premiums for its single-employer insurance...
Compliance | February 5th, 2024 PBGC Files Petition Seeking Documents California DB Plan Failed to Deliver The Pension Benefit Guaranty Corporation has escalated legal proceedings against a pension plan sponsor that allegedly stopped paying insurance premiums,...
Compliance | November 20th, 2023 PBGC Nearly $50B in the Green, Report Says This could be a reason to lower premiums, though insurance conditions have been volatile before.
Compliance | October 18th, 2023 PBGC Announces 2024 Premiums, Guarantee Levels Guarantee levels for single-employer plans will rise with inflation, but multiemployer plans are not indexed.
Administration | September 26th, 2023 PBGC Announces Address Change for Overnight Delivery of Paper Checks The change for paper premium payment checks is effective October 6.
Compliance | August 3rd, 2023 PBGC Reports Strong Funding ERISA Industry Committee asks Congress to reexamine plan sponsor premiums.
Compliance | June 22nd, 2023 PBGC Publishes Q3 Liability, Discount Rates Interest rates assessed to late payments and discount rates have been adjusted for Q3, the PBGC announced Wednesday.
Compliance | December 22nd, 2022 Plan Sponsors That Like Saving Money Get Good News on Variable-Rate Premiums If SECURE 2.0 passes, PBGC would stop increasing the rate.
Administration | April 8th, 2022 DB Plan Sponsors Might Want to Press Pause on Pursuing PRT Investment managers point to what might be better strategies for managing defined benefit plan investment risks and PBGC premium costs.
Administration | February 25th, 2022 DB Plan Sponsors Can Adopt Strategies to Lower PBGC Premiums Despite progress by many pensions plan sponsors to reduce premiums through adopting best practices, several chronic over-payers persist.
Administration | November 29th, 2021 Reasons Not to Use Pension Funding Relief Using funding relief to lower contributions to DB plans can increase PBGC premiums and get those plan sponsors that are...
Compliance | November 23rd, 2020 IRS Modifies CARES Act Due Date for DB Plan Contributions The extended due date for contributions could help plan sponsors reduce PBGC variable rate premiums.
Compliance | November 3rd, 2020 PBGC Premiums Getting in the Way of Its Mission Letting the agency set its own premiums and basing them more on risk would encourage the offering and maintenance of...
Administration | November 2nd, 2020 A Look at Hospital and Health Care System Pensions Health care organizations face an uphill battle financially, but the right strategies for investing and controlling PBGC premiums can help...
Administration | July 16th, 2020 Forty Percent of DB Plans Could Adopt Strategies to Lower PBGC Premiums Strategies regarding timing and recording of pension contributions translate to millions of dollars in lower PBGC premiums, according to a...
Compliance | October 14th, 2019 PBGC Announces Premium Rates for 2020 The agency notes that there are no scheduled increases (other than indexing) for years after 2019.
Compliance | August 6th, 2019 PBGC Multiemployer Program Continues Move Toward Insolvency PBGC Director Gordon Hartogensis says if Congress fails to act soon then after year 2025, any future revenue to the...
Compliance | December 17th, 2018 PBGC 2019 Premium Filing Instructions Available The new instructions include an expanded list of common filing errors.
Compliance | November 16th, 2018 PBGC Fiscal Year 2018 Report Highlights The pension insurance organization says the financial condition of both its single employer and multiemployer insurance programs have improved, but...