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PBGC proposes additional information requirements for oversight of multiemployer pension plans receiving special financial assistance
Press Release
WASHINGTON – The Pension Benefit Guaranty Corporation (PBGC) is proposing to collect additional information to enhance its compliance oversight of multiemployer pension plans that receive special financial assistance (SFA). The new requirements would expand the scope of information that must be filed as part of the Annual Statement of Compliance...
PBGC launches Coverage Assessment Program
Press Release
A new compliance assistance resource for potential plan sponsors
WASHINGTON — The Pension Benefit Guaranty Corporation (PBGC) announced a new compliance assistance tool that allows potential plan sponsors to evaluate whether a proposed defined benefit plan design would be covered under PBGC’s Single-Employer Insurance Program. The Coverage Assessment Program builds on PBGC’s commitment to provide clear, accessible guidance to...
PBGC marks new chapter in compliance assistance initiatives
Press Release
WASHINGTON — The Pension Benefit Guaranty Corporation (PBGC) announced two landmark “firsts” in its compliance assistance efforts under PBGC’s new Amicus Curiae and Opinion Letter Programs. On June 5, PBGC filed its first amicus brief since the launch of the Amicus Curiae Program with the Court of Appeals for the...