Tag: Pension Benefit Guaranty Corporation (PBGC)

Among other things, ERIC suggests the PBGC extend the program from just terminated DC plans to all DC plans.

However, according to the agency’s Fiscal Year 2016 Annual Report, the single-employer program deficit improved.

Nearly 85% of pension plans paying PBGC premiums have less than 1,000 participants—so it only makes sense that small plans...

Among proposals are a change in PBGC premiums and changes in premium structure.

Increases in the premiums for defined benefit plans was provided for in the Bipartisan Budget Act of 2015.

A lot of parties are involved in even a modestly sized pension risk transfer deal; aligning their interests, timelines and...

$150 million in pension contributions will go to the company’s two largest pension plans.

The agency has issued a final rule implementing changes proposed in April.

Lockton Hires Client Adviser; Prudential Names Head of New Full Service Solutions Business; Milliman Hires Taft-Hartley Consultants, and more.

The bill aims to eliminate the motivation for legislators to raise PBGC premiums.

Regulators including the DOL, PBGC and IRS are seeking to update the reporting requirements related to the Form 5500 filed...

The former pilots claim the agency shortchanged their benefits to hold on to assets in order to earn investment returns...

The new guidance is effective July 1 and will impact the way DB plans use interest rate assumptions to value...

The proposed rule would provide guidance about the process for requesting a facilitated merger, including a request for financial assistance.

The single-employer program is underfunded by more than $19 billion, and the multiemployer program is underfunded by more than $42...

PBGC says its legal authority for this action comes from legislation about inflation adjustment of civil penalties.

While retirement industry regulators have been busy, not much has come out of Congress affecting retirement plans, but that may...

If greater transparency is so good for retirement plan providers, then it’s good for retirement industry regulators too.

PBGC director says penalties “should be no more than necessary to encourage timely payments.”

“The Pension and Budget Integrity Act simply moves these premiums ‘off-budget,’ and ensures that Congress is raising premiums only if...