Guidance Document Database

Provides guidelines for changes to certain assumptions that multiemployer plans may use for purposes of determining eligibility for special financial assistance (SFA) and the amount of SFA.

Answers common questions about PBGC’s Special Financial Assistance program.

Announcement of relief that will generally enable plan sponsors to take advantage of the CARES Act contribution due date extension and still ultimately pay the same variable-rate premium they would have owed had those contributions been made by the regular contribution due date.

Sets forth the requirements for special financial assistance applications and related restrictions and conditions pursuant to the American Rescue Plan Act of 2021.

Provides guidelines for changes to certain assumptions that multiemployer plans may use for purposes of determining eligibility for special financial assistance (SFA) and the amount of SFA.

General information on submitting domestic relations orders to PBGC after PBGC becomes trustee of a terminated pension plan and the procedures PBGC follows to determine whether an order is a qualified domestic relations order

Guidance on the timing of premium payments for plan years beginning in 2025, which, because of a provision in the Bipartisan Budget Act of 2015, are generally due a month earlier than the due date provided in PBGC’s Payment of Premiums regulation (29 CFR part 4007).

Addresses whether or not an 18-month contribution holiday is a partial withdrawal.

Addresses effects on withdrawal liability of a proposed transfer of benefit liabilities from a multiemployer plan to a single-employer plan.

Look to plan documents to determine plan administrator

Assets intended to fund insurance company annuities, but which are retained by the plan are subject to allocation procedures.

Real estate broker is not a professional individual for purposes of the Professional Service Employer plan exemption.

Corrects opinion letter 85-1 and addresses calculation of withdrawal liability installment payments other than on a quarterly schedule.

Plan has not met conditions for coverage since ERISA enacted; Title IV doesn’t apply to the termination of the plan.

“Licensed” or “registered” engineers are “public” engineers under ERISA 4021(c)(2)(B) and the plan is exempt under the Professional Service Employer plan exemption.

Addresses applicability to construction industry employers of the sale-of-assets limitation on withdrawal liability.

Whether the method of distribution proposed for a plan is acceptable when the plan administrator is terminating its DB plan and creating a DC plan.

Reaffirms PBGC’s prior review of its determination that a severance benefit provided by the plan is not a guaranteed benefit because it is not a benefit that is payable as an annuity or one or more payments related thereto.

To be excluded from coverage, all employees covered by the plan must be public employees and the political subdivision must be the plan sponsor.

Plan meets the Governmental plan coverage exemption.

Addresses the “unrelated party” requirement for the sale of assets exception to withdrawal liability.

Addresses calculation of the annual withdrawal liability payment amount of an employer that incurred successive partial withdrawals. PBGC subsequently adopted a rule addressing the issue. (See 29 CFR part 4206.)

Addresses abatement rules for employers that reenter a multiemployer plan.