PBGC Loses Suit Against Morgan Stanley
April 8, 2013 (PLANSPONSOR.com) – A federal appellate court denied the Pension Benefit Guaranty Corporation’s (PBGC’s) attempt to recover retirement...
Tag: Pension Benefit Guaranty Corporation (PBGC)
PBGC Taking Steps to Encourage DB Sponsorship
April 3, 2013 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) announced a new proposal that will reduce reporting requirements...
PBGC Proposes Reduced Reporting Obligations
April 2, 2013 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) has backed off its 2009 proposal to increase reporting...
Regulators Announce Phone Number, Address Changes
March 19, 2013 (PLANSPONSOR.com) – Two regulators announced contact information changes of interest to retirement plan sponsors.
PBGC Change Reduces Pension Obligations for Some
March 18, 2013 (PLANSPONSOR.com) – A new policy for the Pension Benefit Guaranty Corporation (PBGC) saved some companies nearly $1...
Gotbaum Offers Suggestions for Multiemployer Plan Crisis
March 5, 2013 (PLANSPONSOR.com) – During a hearing before the U.S. Senate Subcommittee on Health, Employment, Labor and Pensions, lawmakers...
PBGC Updates Pension Insurance Data Tables
February 27, 2013 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) released...
PBGC Takes Two Hawker Beechcraft Plans
February 1, 2013 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) will take two...
PBGC Updates Reportable Events Guidance
January 31, 2013 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) issued updated guidance about reportable events.
PBGC Warns of Trouble for Multiemployer Program
January 30, 2013 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) has submitted several reports to Congress about its multiemployer...
PBGC Sues Steel Company for Dumping Pension
January 29, 2013 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) filed a lawsuit...
Court Agrees With PBGC Denial of Shutdown Benefits
January 23, 2013 (PLANSPONSOR.com) – A recent court decision indicates timing is everything when it comes to eligibility for shutdown...
PBGC Updates Premium Payment Instructions
December 31, 2012 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) has updated premium payment instructions for 2013.
Multiemployer Plans Could Use More Help
December 31, 2012 (PLANSPONSOR.com) – Pension Benefit Guaranty Corporation (PBGC) Director Joshua Gotbaum says some multiemployer plans could use more...
PBGC Names Chief of Negotiations and Restructuring
December 17, 2012 (PLANSPONSOR.com) – Sanford Rich has been appointed to lead the Pension Benefit Guaranty Corporation’s (PBGC’s) efforts to...
American Allowed to Eliminate Lump Sums
December 14, 2012 (PLANSPONSOR.com) – A bankruptcy court has allowed for the elimination of the lump sum and installment forms...
Lawsuit Seeks to Stop Verizon Pension Buyout
November 30, 2012 (PLANSPONSOR.com) – A group of pensioners is seeking an injunction to halt the proposed transfer of $7.5...
PBGC Maximum Benefit Increases in 2013
November 27, 2012 (PLANSPONSOR.com) – The PBGC announced that the yearly maximum guaranteed benefit...
Groups Reject PBGC’s Call to Set Premiums
November 19, 2012 (PLANSPONSOR.com) – Industry groups say the Pension Benefit Guaranty Corporation’s (PBGC’s) reported deficit is misleading.
PBGC Reports Record Deficit for 2012
November 16, 2012 (PLANSPONSOR.com) – The PBGC noted its efforts to preserve pensions but that its deficit increased to $34...