Search for: "Pension Benefit Guaranty Corporation"
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26 Jan 2011, 7:06 am
Other persons who are receiving from the Pension Benefit Guaranty Corporation (PBGC) or other trade-related government agencies can also claim this tax benefit. [read post]
23 Dec 2010, 6:53 am
The New York Times' story about the insolvent pension plan of Pritchard, Alabama notes that while the Pension Benefit Guaranty Corporation (PBGC) partially insures private employers defined-benefit pension plans, it does not insure public employers' defined-benefit pension plans ("government plans" in ERISA-speak). [read post]
19 Dec 2010, 7:16 am
The Ruling also contains guidance/transitional rules: for meeting requirements (3), (5) and (6) above, for certain commingled trust funds maintained by the Pension Benefit Guaranty Corporation, for reliance on prior determination letters and for plans described in section 1022(i)(1) of ERISA (i.e., Puerto Rico situs trusts) that are participating in a group trust. [read post]
1 Dec 2010, 10:24 am
The Senate Committee on Health, Education, Labor, and Pensions is holding a hearing today on the Pension Benefit Guaranty Corporation. [read post]
22 Nov 2010, 12:14 pm
You might recall that The Pension Protection Act of 2006 (PPA) requires that administrators of all defined benefit plans (including multiemployer benefit plans) to provide an annual funding notice to the Pension Benefit Guaranty Corporation (PBGC), plan participants and beneficiaries, labor organization representing participants or beneficiaries. [read post]
19 Nov 2010, 4:40 am
The recipients are: the Pension Benefit Guaranty Corporation (the "PBGC"), each plan participant and beneficiary, each labor organization representing the participants or beneficiaries, and, in the case of a multiemployer plan, each employer that has an obligation to contribute to the plan. [read post]
5 Nov 2010, 1:32 pm
If underfunded government insurance programs are your thing, move past social security and consider the Pension Benefit Guaranty Corporation – a government corporation that assumes responsibility for certain private sector pension plans when the sponsoring companies are in financial “distress. [read post]
1 Nov 2010, 9:36 pm
" Wolverine Tube states in the filings that it has commenced negotiations with the Pension Benefit Guaranty Corporation (PBGC) but no agreement has been reached. [read post]
7 Sep 2010, 11:56 am
There is still time to apply for some of the Government Honors Programs… 2Ls Pension Benefit Guaranty Corporation, Office of General Counsel – Summer Law Clerkship Program – Deadline September 15th Dept. of Health & Human Services, Office of General Counsel to the Inspector General – Summer Intern Program – Deadline September 17th Dept. of Commerce – Legal Internship Program Fall (Paid & Unpaid) – Deadline… [read post]
1 Sep 2010, 7:42 am
Proposal Would Expand PBGC Power to Impose Liability in Asset Sales/Restructuring Here is news culled from this Wachtell Lipton memo by Michael Segal and Ian Levin: The Pension Benefit Guaranty Corporation has published a proposed regulation under Section 4062(e) of ERISA which, if adopted, would provide the PBGC with greater opportunities to compel plan sponsors to increase the funded status of their pension plans when engaging in asset sales or… [read post]
18 Aug 2010, 4:48 am
The Village Voice looks at ties between Rick Lazio and the former head of the Pension Benefit Guaranty Corporation, as Mr. [read post]
17 Aug 2010, 6:39 am
These spiraling liabilities inspired Pennsylvania Senator and Big Labor favorite Bob Casey to introduce legislation to cordon off “orphaned” pensions—those for which an employer has stopped contributing or withdrawn from the plan—and drop them on the federal Pension Benefit Guaranty Corporation. [read post]
9 Aug 2010, 4:51 pm
The members of the Creditors' Committee are: Pension Benefit Guaranty Corporation Total Petrochemicals USA, Inc. [read post]
23 Jul 2010, 10:06 am
Automatic stay(a) Except as provided in subsection (b) of this section, a petition filed under section 301, 302, or 303 of this title, or an application filed under section 5(a)(3) of the Securities Investor Protection Act of 1970, operates as a stay, applicable to all entities, of—(1) the commencement or continuation, including the issuance or employment of process, of a judicial, administrative, or other action or proceeding against the debtor that was or could have been commenced before the… [read post]
19 May 2010, 5:00 am
Sources: DOL’s Form 5500 Series webpage DOL’s FAQs About The 2009 Form 5500 Schedule C DOL’s Supplemental FAQs About The 2009 Schedule C Pension Benefit Guaranty Corporation Annual Reporting and Disclosure; Revision of Annual Information Return/Reports; Final Rule and Notice (November 16, 2007) [read post]
13 May 2010, 5:00 am
Such legislation has already passed the House of Representatives (HR 885) and would extend to the Inspectors General of the Commodity Futures Trading Commission, the Board of Governors of the Federal Reserve, the Securities and Exchange Commission, the National Credit Union Administration and the Pension Benefit Guaranty Corporation. [read post]
3 May 2010, 9:34 am
Automatic stay(a) Except as provided in subsection (b) of this section, a petition filed under section 301, 302, or 303 of this title, or an application filed under section 5(a)(3) of the Securities Investor Protection Act of 1970, operates as a stay, applicable to all entities, of—(1) the commencement or continuation, including the issuance or employment of process, of a judicial, administrative, or other action or proceeding against the debtor that was or could have been commenced before the… [read post]
21 Apr 2010, 8:07 pm
McKesson Corporation Medmal Trust Monitor New York State Nurses Association Nursing Personnel Homecare 1199 SEIU National Benefit Fund for Health and Human Services Employees Pension Benefit Guaranty Corporation Siemens Medical Solutions USA, Inc. [read post]
8 Apr 2010, 12:23 pm
The general subject is the impact of GM/Chrysler failure on the Pension Benefit Guaranty Corporation ("PGBC") and the conflict inherent in the government's role as shareholder. [read post]
24 Jan 2010, 6:27 pm
Eligible individuals must be receiving Trade Adjustment Assistance benefits or be over the age of 55 and receiving pension payments from the Pension Benefit Guaranty Corporation. [read post]
