Tag: PBGC

What’s more, the Pension Benefit Guaranty Corporation’s multiemployer fund should remain solvent for at least 40 years.

Employee benefits attorney Deva Kyle was tapped by the Biden administration to head the Pension Benefit Guaranty Corporation.

Hartogensis’ term expired at the end of April.

NIRS offers 6 recommendations for boosting DB use in the private sector, starting with lowering insurance premiums.

The IRS, PBGC and EBSA are accepting suggestions on how to simplify disclosures to benefit fiduciaries and participants.

The disclosure forms have been updated for 2023 filings to be completed in 2024.

The data inform potential withdrawal liabilities and benefit transfer amounts under ERISA.

The PBGC also released new guarantee tables for different annuity types.

A new address for paper premium payment checks will start October 6.

Industry experts seek scaling back of premiums as the pension insurance agency expects to remain solvent long into the future.

Congress has until September 30 to pass a budget bill.

PRTs are trending upward, but their relationship with private equity and non-traditional investments is drawing more scrutiny.

The variable premiums paid to PBGC would be un-indexed from inflation.

The Akron, Ohio-based multiemployer plan had been providing benefits to nearly 400 participants at below half the level it was...

Like most organs of the federal government, the Labor Department maintains an explicit policy for government shutdowns as a consequence...

With its latest relief payment, the Pension Benefit Guaranty Corporation has now distributed more than $7.5 billion to stressed union...

If a plan that received special financial assistance merges with an ongoing plan, the ongoing plan is not considered to be in critical status.

To date, the Pension Benefit Guaranty Corporation’s multiemployer pension support program has operated on an interim rule and has protected nearly 130,000 individuals’ pension benefits across some 560...