Search for: "Pension Benefit Guaranty Corporation"
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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]
20 Mar 2017, 1:19 pm
For more than 30 years, the three federal agencies that administer ERISA (the Internal Revenue Service, the Department of Labor and the Pension Benefit Guaranty Corporation) have treated the pension plans of those hospitals as exempt from ERISA. [read post]
14 Jan 2020, 8:02 am
” He pressed Joshi on whether the Pension Benefit Guaranty Corporation’s guarantee of defined-benefit plan benefits should be a consideration in determining whether sufficient risk of harm exists. [read post]
16 May 2012, 12:51 pm
Charles Landgraf, Lateral Moves, Latham, Latham & Watkins, Marshall Brozost, Milan, Musical Chairs, Overseas Offices, Partner Issues, Pension Benefit Guaranty Corporation (PBGC), Pension Benefits, Pensions, Poland, Retirement, Retirement Benefits, Richard D. [read post]
6 Aug 2013, 9:26 am
A debtor terminates a costly pension plan and the Pension Benefit Guaranty Corporation (the “PBGC”) becomes one of the largest unsecured creditors in the bankruptcy, bearing all of the costs of the terminated plan and often recovering pennies on the dollar in bankruptcy. [read post]
4 Apr 2012, 7:26 am
Strauss, Executive Director of the Pension Benefit Guaranty Corporation (PBGC) on potential ERISA reform 25 years after ERISA was enacted, including how to make it easier to give participants investment advice and what cash balance plans are. [read post]
7 Oct 2012, 12:32 am
Moreover, the Pension Benefits Guaranty Corporation is itself struggling to remain solvent. [read post]
6 Aug 2007, 8:51 am
But the Fourth Circuit reversed, holding that the takeover of the plan by the Pension Benefit Guaranty Corporation didn't deprive Ruffin of his right to sue under section 502(a)(2) of ERISA. [read post]
7 Aug 2014, 4:00 am
See, for example, Education Law Article 8-C, SUNY’s Special Annuity Plan]; 457 deferred compensation plans;qualified excess benefit arrangements; andCertain grandfathered 401(k) plans adopted by a governmental entity before May 6, 1986.The IRS will also conduct a “webinar” on August 14, 2014 at 2:00, EDT, focusing on how the IRS defines the date of termination, final funding requirements, Pension Benefit Guaranty… [read post]
26 Mar 2019, 2:04 pm
Serrano served as an attorney in the General Counsel’s Office of the Pension Benefit Guaranty Corporation (PBGC), where she advised on government ethics and administrative law matters. [read post]
17 Jul 2017, 12:34 pm
They are also responsible for the administrative cost of maintaining such plans, including ever-increasing Pension Benefit Guaranty Corporation (PBGC) premium payments. [read post]
18 Sep 2012, 3:03 pm
The Pension Benefit Guaranty Corporation issued Technical Update 12-2 to provide guidance on how MAP-21’s pension funding stabilization provisions apply to the notice of underfunding that plan sponsors are required to provide to the PBGC under ERISA §4010. [read post]
7 Feb 2016, 5:06 am
The Act included the creation of pension insurance administered by the Pension Benefit Guaranty Corporation, providing employees a government guaranty that upon retirement they would receive at least some, if not all, of their vested pension benefits if their employer could not meet its pension obligations. [read post]
9 Apr 2024, 9:01 pm
The MPPAA was enacted to address the problem that occurred when an employer withdrew participation from a multiemployer pension plan; while the plan remained liable to provide pension benefits to employees, the withdrawn employer no longer contributes to the plan, and thus other participating employers were likely to exit to avoid having to pay for the unfunded benefits of the companies that exit the plan. [read post]
22 May 2019, 1:10 pm
§ 1303(f) for the Pension Benefit Guaranty Corporation’s breaches of fiduciary duties. [read post]
13 Jul 2012, 8:02 am
Zauderer, Mark Zauderer, Martin Glenn, Money, Partner Issues, Pension Benefit Guaranty Corporation (PBGC), Pension Benefits, Pensions, Retirement, Retirement Benefits, Stephen Horvath III, Stephen J. [read post]
8 Jul 2014, 12:56 pm
After the airline’s bankruptcy, the Pension Benefit Guaranty Corporation, the statutory trustee of the plan, was substituted as the defendant. [read post]
3 Jun 2013, 9:27 am
The administrator of the Museum Company brought an action to determine whether the Wedgwood pottery collection was to be regarded as part of the general assets of the company, and thus could be reached and sold to meet the claims of the Wedgwood pension plan trustee as well as the English equivalent of the Pension Benefit Guaranty Corporation. [read post]
12 Jun 2012, 11:25 am
But that’s what happened today as the Delphi Salaried Retirees Association (DSRA) announced that it received the “first tranche” of documents from the Pension Benefit Guaranty Corporation (PBGC) concerning the government’s conduct in the termination of the former auto parts company’s pension plan. [read post]
4 Apr 2019, 2:00 am
Addressing lost participants is now being emphasized by each of the agencies overseeing retirement plan regulation: the IRS, DOL and the Pension Benefit Guaranty Corporation (PBGC). [read post]
