Search for: "Pension Benefit Guaranty Corporation"
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8 Feb 2023, 10:00 pm
The Pension Benefit Guaranty Corporation (PBGC) is now allowing multiemployer pension plans that are applying for special financial assistance (SFA) to request relief from the standard withdrawal liability calculation requirements that would otherwise apply under the PBGC’s original final rule under 29 CFR Part 4262 (the Original Final Rule). [read post]
8 Feb 2023, 10:00 pm
The Pension Benefit Guaranty Corporation (PBGC) is now allowing multiemployer pension plans that are applying for special financial assistance (SFA) to request relief from the standard withdrawal liability calculation requirements that would otherwise apply under the PBGC’s original final rule under 29 CFR Part 4262 (the Original Final Rule). [read post]
8 Feb 2023, 10:00 pm
The Pension Benefit Guaranty Corporation (PBGC) is now allowing multiemployer pension plans that are applying for special financial assistance (SFA) to request relief from the standard withdrawal liability calculation requirements that would otherwise apply under the PBGC’s original final rule under 29 CFR Part 4262 (the Original Final Rule). [read post]
20 May 2009, 3:47 pm
News release: "The Pension Benefit Guaranty Corporation posted a $33.5 billion deficit for the first half of fiscal year 2009,... [read post]
13 Mar 2024, 10:00 pm
Recent headlines involving the Central States Teamsters Pension Fund and the Pension Benefit Guaranty Corporation’s (PBGC) Special Financial Assistance (SFA) Program highlights an issue with meaningful consequences for multiemployer defined benefit plans—unreported deceased participants. [read post]
13 Mar 2024, 10:00 pm
Recent headlines involving the Central States Teamsters Pension Fund and the Pension Benefit Guaranty Corporation’s (PBGC) Special Financial Assistance (SFA) Program highlights an issue with meaningful consequences for multiemployer defined benefit plans—unreported deceased participants. [read post]
13 Mar 2024, 10:00 pm
Recent headlines involving the Central States Teamsters Pension Fund and the Pension Benefit Guaranty Corporation’s (PBGC) Special Financial Assistance (SFA) Program highlights an issue with meaningful consequences for multiemployer defined benefit plans—unreported deceased participants. [read post]
13 Mar 2024, 10:00 pm
Recent headlines involving the Central States Teamsters Pension Fund and the Pension Benefit Guaranty Corporation’s (PBGC) Special Financial Assistance (SFA) Program highlights an issue with meaningful consequences for multiemployer defined benefit plans—unreported deceased participants. [read post]
13 Mar 2024, 10:00 pm
Recent headlines involving the Central States Teamsters Pension Fund and the Pension Benefit Guaranty Corporation’s (PBGC) Special Financial Assistance (SFA) Program highlights an issue with meaningful consequences for multiemployer defined benefit plans—unreported deceased participants. [read post]
13 Mar 2024, 10:00 pm
Recent headlines involving the Central States Teamsters Pension Fund and the Pension Benefit Guaranty Corporation’s (PBGC) Special Financial Assistance (SFA) Program highlights an issue with meaningful consequences for multiemployer defined benefit plans—unreported deceased participants. [read post]
15 Apr 2009, 2:36 pm
Sonnenschein Nath & Rosenthal, the Chicago law firm, has been retained by the Pension Benefit Guaranty Corporation for advice on Chrysler's unfunded pension liability, DealBook colleague Micheline Maynard reported. [read post]
11 Dec 2006, 4:48 am
Department of Labor's Employee Benefits Security Administration, the Internal Revenue Service and the Pension Benefit Guaranty Corporation Friday announced proposed supplemental revisions to the 2008 Form 5500. [read post]
27 Apr 2008, 3:36 pm
A Review of the Pension Benefit Guaranty Corporation's New Investment Strategy, April 24, 2008. [read post]
16 Jan 2009, 1:08 pm
News release: "The Pension Benefit Guaranty Corp. solidified its foundation for the future during fiscal year 2008, the Corporation reported... [read post]
31 Mar 2011, 4:12 pm
The Pension Benefit Guaranty Corporation also said it was selling its stake in Delphi back to the former G.M. parts division for $594 million. [read post]
3 Dec 2007, 7:41 am
CCH Business and Corporate Compliance is reporting: The Pension Benefit Guaranty Corporation's insurance program for single-employer pension plans reported a deficit of $13.1 billion in fiscal year 2007, according to the PBGC's Annual Management Report submitted to Congress on November... [read post]
14 Oct 2022, 2:11 pm
On October 14, 2022, the Pension Benefit Guaranty Corporation (PBGC), the federal agency that insures and regulates private-sector defined benefit pension plans under Title IV of the Employee Retirement Income Security Act of 1974 (ERISA), published a proposed rule governing employer withdrawal liability. [read post]
29 Jul 2009, 8:45 am
A troubling story today from the New York Times regarding the relationship between the head of the Pension Benefit Guaranty Corporation (PBGC), the federal agency that insures defined benefit pension plans, and Wall Street. [read post]
22 Jan 2021, 6:20 am
On January 8, 2021, the Pension Benefit Guaranty Corporation (PBGC) issued its final rule modifying the calculation of withdrawal liability by multiemployer pension plans. [read post]
4 Sep 2009, 9:16 am
Global Pensions is reporting this morning: The US Airline Pilots Association (USAPA) has filed a lawsuit against the Pension Benefit Guaranty Corporation (PBGC) seeking the removal of the PBGC as trustee of US Airways pilots' pension plan. [read post]
