26 Sep 2025
📜PBGC Regulation Corrections
Miscellaneous Corrections, Clarifications, and Improvements; Correction
Summary
On August 15, 2025, the Pension Benefit Guaranty Corporation (PBGC) revised its regulation on termination of single-employer plans. That document inadvertently failed to correctly format a list of requirements. This document corrects the final regulation.
Agencies
- Pension Benefit Guaranty Corporation
Business Impact
$$ - Med
The document involves correcting regulatory requirements regarding the termination of single-employer pension plans, which affects compliance obligations for business owners managing such plans. It specifically clarifies majority owner benefits and spousal consent, highlighting the importance of adhering to updated regulations to avoid potential penalties or legal complications.