ERISA Section 4010 requires a contributing sponsor of certain single-employer pension plans, as well as the sponsor’s controlled group members, to provide controlled group, financial, and actuarial ...
Security can come at a cost, and in the case of that which the Pension Benefit Guaranty Corporation offers, that means ...
Under ERISA, enacted in 1974, the Pension Benefit Guaranty Corp. has separate insurance funds established for private employer plans and multiemployer plans. A multiemployer plan was a plan resulting ...
An executive order requires each agency to establish on its website a single, searchable indexed database that contains, or links to, all the agency’s guidance documents and provides certain ...
The Pension Benefit Guaranty Corporation (“PBGC”) recently issued Technical Update Number 23-1 to provide for certain underfunded pension plans a limited waiver from the reporting requirements under ...
The Pension Benefit Guaranty Corporation is a government entity that provides mandatory insurance to private pension plans. The PBGC’s multiemployer program deficit—estimated to be between $65 billion ...
The disaster relief announcement provides significant leeway relating to PBGC deadlines and penalties for impacted employers and sponsors, both for single and for multiemployer plans. Following up on ...
SUMMARY: The Pension Benefit Guaranty Corporation ("PBGC") is requesting that the Office of Management and Budget ("OMB") extend approval with modifications, under the Paperwork Reduction Act, of a ...
This final rule amends the Pension Benefit Guaranty Corporation's regulation on Benefits Payable in Terminated Single-Employer Plans to prescribe interest assumptions under the regulation for ...
The first company to initiate a private pension plan was American Express Company in 1875. Thereafter, many other companies followed suit including banks, utilities and manufacturers. These early ...