Notice 8 Apr 2025 pbgc, compliance, information collection, financial regulations, pension

📝Proposed Information Collection Extension by PBGC for Reconsideration Filings

The Pension Benefit Guaranty Corporation (PBGC) intends to request that the Office of Management and Budget (OMB) extend approval, under the Paperwork Reduction Act of a collection of information for filings for reconsideration under its regulation on Rules for Administrative Review of Agency Decisions. This notice informs the public of PBGC's intent and solicits public comment on the collection of information.

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Notice 8 Apr 2025 business consequences, pbgc, compliance, regulation, pension, appeals

📝PBGC Information Collection Approval Process and Business Impact

The Pension Benefit Guaranty Corporation (PBGC) intends to request that the Office of Management and Budget (OMB) extend approval, under the Paperwork Reduction Act, of a collection of information contained in its regulation on Rules for Administrative Review of Agency Decisions. This notice informs the public of PBGC's intent and solicits public comment on the collection of information.

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Rule 3 Apr 2025 business regulation, financial compliance, pensions, employee benefit plans, pension, pension insurance, asset allocation, pension benefit guaranty corporation

📈Final Rule on Allocation of Assets in Single-Employer Pension Plans

This final rule amends the Pension Benefit Guaranty Corporation's regulation on Allocation of Assets in Single-Employer Plans to prescribe the spreads component of the interest assumption under the asset allocation regulation for plans with valuation dates of April 30, 2025-July 30, 2025. These interest assumptions are used for valuing benefits under terminating single-employer plans and for other purposes.

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Notice 10 Mar 2025 compliance, financial assistance, erisa, pension, multiemployer plans, benefit guaranty corporation

📄Proposed Extension of Information Collection for Multiemployer Plans

The Pension Benefit Guaranty Corporation (PBGC) intends to request that the Office of Management and Budget (OMB) extend approval, under the Paperwork Reduction Act of collections of information in PBGC's regulations on multiemployer plans under the Employee Retirement Income Security Act of 1974 (ERISA). This notice informs the public of PBGC's intent and solicits public comment on the collections of information.

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Notice 10 Mar 2025 compliance, regulations, erisa, pension, pbgc, retirement plans

📄Proposed Changes to Pension Coverage Determination Information Collection

The Pension Benefit Guaranty Corporation (PBGC) intends to request that the Office of Management and Budget (OMB) extend approval, with modifications, under the Paperwork Reduction Act, of a collection of information necessary for PBGC to determine whether a plan is covered under title IV of the Employee Retirement Security Income Act of 1974. This notice informs the public of PBGC's intent and solicits public comment on the collection of information, as modified.

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Regulatory Compliance, Financial Management 21 Jan 2025 regulatory compliance, administrative practice and procedure, reporting and recordkeeping requirements, financial impact, pensions, employee benefit plans, pension, pbgc, pension insurance, business processes

💼Proposed PBGC Rule on Premium Rates and Reporting Changes

The Pension Benefit Guaranty Corporation (PBGC) proposes miscellaneous technical corrections, clarifications, and improvements to its regulations, including its regulations on premium rates, premium due dates, and termination of single-employer plans. These changes are a result of PBGC's ongoing retrospective review of the effectiveness and clarity of its rules and of statutory changes.

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Compliance, Regulatory Requirements 21 Jan 2025 compliance, information collection, regulation, pension, pbgc, omb

📜OMB's Approval of PBGC Information Collections and Business Impact

The Office of Management and Budget (OMB) has approved Pension Benefit Guaranty Corporation (PBGC) information collections under the Paperwork Reduction Act. This notice lists the approved information collections and provides their corresponding OMB control number and current expiration date.

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Compliance, Regulatory Requirements 8 Jan 2025 compliance, business regulation, penalties, erisa, pension, pbgc

⚖️PBGC Announces Civil Penalty Adjustments for 2025 Compliance

The Pension Benefit Guaranty Corporation is required to amend its regulations annually to adjust for inflation the maximum civil penalty for failure to provide certain notices or other material information and for failure to provide certain multiemployer plan notices.

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