Proposed Rule
8 May 2025
compliance, reporting and recordkeeping requirements, pensions, employee benefits, employee benefit plans, retirement plans, government employees, federal retirement thrift investment board, retirement, lifecycle funds
📈Proposed Rule for Correcting Errors in Retired Lifecycle Funds
The Federal Retirement Thrift Investment Board (FRTIB) is proposing to amend its regulation regarding the method for correcting errors involving Lifecycle Funds that no longer exist. Specifically, it is reverting to the use of a constructed share price to calculate breakage and the value of negative adjustments for errors involving Lifecycle Funds that no longer exist as of June 1, 2022.
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