Tag: Pension Benefit Guaranty Corporation

Former non-union employees of the auto parts maker sought to overturn the Pension Benefit Guaranty Corporation’s decision to terminate their...

The first approved application is from a multiemployer pension plan that was projected to become insolvent by 2022.

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

Using funding relief to lower contributions to DB plans can increase PBGC premiums and get those plan sponsors that are...

The agency is accepting applications before a final rule is published and says any changes will not reduce the amount...

Stakeholders take issue with the permissible investments under the PBGC’s interim final rule, among other things, and even if special...

PBGC has issued an interim final rule addressing assistance requirements, and the IRS has released a notice for plan sponsors...

The agency expects the changes will reduce actuarial fees paid by multiemployer plans, but it admits the simplified methods might...

The agency says the agreement delays the plan’s insolvency date and reduces the expected burden on its multiemployer plan insurance...

The single-employer program is improving, but Director Gordon Hartogensis says it’s clear legislative help is needed for the multiemployer program.

Modifications include updates in response to the SECURE Act.

The extended due date for contributions could help plan sponsors reduce PBGC variable rate premiums.

Letting the agency set its own premiums and basing them more on risk would encourage the offering and maintenance of...

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 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.