Tag: Pension Benefit Guaranty Corporation

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)...

The proposed rulemaking would make technical corrections, clarifications, and improvements to its regulations on Reportable Events and Certain Other Notification...

The Office of Management and Budget (OMB) has approved that all reportable events filings include controlled group information, company financial...

Plan sponsors may submit a determination of coverage request for four common types of DB plans.

A final rule from the Pension Benefit Guaranty Corporation (PBGC) allows smaller plans terminated by mass withdrawal to perform actuarial...

Family trust trustee with Senate connections named 16th director of pensions lifeboat.

Among a host of other services, Serco Inc. will operate the Pension Benefit Guaranty Corporation's (PBGC)’s contact center and help...

The lawsuit claims owners of Freedom Communications made ill-advised, highly speculative investments which caused the pension plan to lose tens...

The proposed amendments would affect the determination of a withdrawing employer's liability under a multiemployer plan and annual withdrawal liability...

PBGC has worked with Sears for several years to improve funding for the company’s plans.

A final rule adjusts penalties for inflation.

The new instructions include an expanded list of common filing errors.

A new table will be used for determining expected retirement ages for participants in pension plans undergoing distress or involuntary...

One plan type for which coverage determinations are most frequently requested is church plans, according to the agency.

The Pension Analytics Group says the only solution is to reduce benefits across the board, or many of these plans...