Seyfarth Synopsis: On July 9, 2021, the PBGC issued its interim final rule on ARPA’s Special Financial Assistance Program for financially troubled multiemployer pension plans. The new regulations ...
The Pension Benefit Guaranty Corporation (PBGC) has issued its first technical update of the year to provide guidance on the accelerated premium filing date for plan years that begin in 2025. In ...
The Pension Benefit Guaranty Corporation has long held that once a pension is converted to an annuity, federal protections no longer apply. But that wasn’t always the case. In fact, the law firm Ivins ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
Industry experts seek scaling back of premiums as the pension insurance agency expects to remain solvent long into the future. The Pension Benefit Guaranty Corporation published its Projections Report ...
The health of the Pension Benefit Guaranty Corp.'s single-employer and multiemployer pension programs improved once again, as both posted net positive positions in the latest fiscal year, according to ...
Sources agree that the final updates made to the Special Financial Assistance program for severely stressed union pensions are helpful, but some are concerned about the expanded ability to invest ...
The Pension Benefit Guaranty Corp. on Friday announced it had approved a combined $1.9 billion in special financial assistance for two struggling multiemployer plans. The Food Employers Labor ...
You may have never heard of the Pension Benefit Guaranty Corporation (PBGC), but if you are one of the dwindling number of future retirees who are covered by a defined benefit program instead of a ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
Follow these steps to track down your plan: Contact your former employer. Search at the Pension Benefit Guaranty Corporation.
The executive director of the Pension Benefit Guaranty Corp. on Thursday announced his pending departure. Bradley D. Belt, who has headed the government pension agency for the past two years, will ...
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