Tag: Pension Benefit Guaranty Corporation (PBGC)

A memorandum issued by the president first orders three departments to review the situation for Delphi retirees, then orders a...

The agency could see a premium income loss of $196 million for the 2019 premium payment year, but certain trade-offs...

The agency estimates that McClatchy’s plan is 57% funded with approximately $1.3 billion in assets and $2.3 billion in benefit...

A federal appellate court found that court adjudication is not required for PBGC to terminate a plan and that retirees...

The financial hardship faced by the American Federation of Musicians and Employers’ Pension Fund is characteristic of a broader problem—one...

There is bipartisan support building around the idea of allowing the most stressed union pensions to enact “partitions” in order...

The action is in response to an IRS extension of some retirement plans’ Form 5500 filing deadlines.

Each database contains, or links to, all the agency’s guidance documents and provides certain information about them.

The premiums would increase by $26 billion over 10 years.

Under the Multiemployer Pension Reform Act, if one or more of the plans in the merger is in critical and...

Premiums have gone up, and the agency says it has simplified reporting requirements for risk transfer activities.

The PBGC has issued a final rule regarding pension plans undergoing distress or involuntary termination, and the OSFI has released...

Among other notable changes, the Form 5500’s Line 23 has been revised to eliminate mortality table options that are not...

The PBGC anticipates that providing plans with three available counting methods will allow each plan to choose the one that...

This protection by the PBGC is one reason for a string of lawsuits that challenge other nonprofit healthcare systems’ retirement...

The bill would funnel money to the PBGC from imposed fees on financial companies seeking a DOL exemption in order...

The agency notes that there are no scheduled increases (other than indexing) for years after 2019.

The agency will consider payments prior to plan terminations when calculating benefits, and it proposed to change its assumptions for...

In 2014, President Barack Obama signed into law major changes to Section 4062(e), which requires companies with defined benefit (DB)...