Tag: Pension Benefit Guaranty Corporation (PBGC)

A schedule to help plan sponsors track important due dates for their plans.

Schedules DCG and H, among others, will be modified for disclosures filed next year.

This could be a reason to lower premiums, though insurance conditions have been volatile before.

The 4044/4050 tables are used to calculate withdrawal liability and missing participant program transfer amounts.

The plan applied for special financial assistance but was denied because the pension fund had previously been terminated.

The plan of 3,887 participants will remain solvent through 2051.

The bucket recipients can use for stock investments is not being filled due to the attractiveness of investment-grade assets.

Guarantee levels for single-employer plans will rise with inflation, but multiemployer plans are not indexed.

The majority of plan sponsors with the goal of mitigating pension plan risks are looking to fully divest their company’s...

The Bureau of Labor Statistics, which would shut down completely, produces the data necessary to update the COLA.

The change for paper premium payment checks is effective October 6.

The NYC-based plan will receive about $20 million to restore its solvency through 2051.

The Plasterers and Cement Masons Local No. 94 Pension Fund will see a full restoration of cut benefits.

The pension would have had to cut benefits by 75% upon becoming insolvent.

One plan had been insolvent since 2009, and the grant will include back payments.

The fund had a receiving-to-active participant ratio of nearly 50-to-1 as of 2021.

The proposal would change mortality tables and interest rate calculations.

$182.6 million in SFA money will be distributed to the plan to ensure its solvency to 2051.

Due to unusual market conditions, many 4010 filers will struggle to determine if they are required to file, so the...

The three plans cover more than 30,000 participants across two states and Washington, D.C.