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Proskauer Rose LLP | USA | 5 Oct 2020
In late September, the Pension Benefit Guaranty Corporation (the “PBGC”) published Press Release 20-04 and issued Technical Update 20-2 providing…
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Kelley Drye & Warren LLP | USA | 21 Apr 2020
In response to the COVID-19 emergency, the IRS has automatically extended the deadline for retirement and welfare plans to file Form 5500 and Form…
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Morgan Lewis & Bockius LLP | USA | 21 Oct 2019
Pension plans that are not fully funded for PBGC purposes have two parts to their PBGC premium. One part is a flat rate premium of $83 per…
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Proskauer Rose LLP | USA | 29 Mar 2019
On February 6, 2019, the Pension Benefit Guaranty Corporation ("PBGC") issued a proposed rule that impacts how multiemployer pension plans in…
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Michael Best & Friedrich LLP | USA | 13 Mar 2019
Lump sum windows (LSW) are an opportunity afforded by pension plan amendment to allow a limited period for eligible pension plan participants to…
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Littler Mendelson PC | USA | 12 Mar 2019
The Pension Benefit Guaranty Corporation (PBGC) recently proposed amendments to the regulations that govern how multiemployer plans calculate…
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Proskauer Rose LLP | USA | 11 Feb 2019
The Pension Benefit Guaranty Corporation (the “PBGC”) launched a Pilot Mediation Project in October 2017 to provide plan sponsors an opportunity to…
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Morgan Lewis & Bockius LLP | USA | 31 Jan 2019
Many in the multiemployer pension plan community expected significant developments in 2018 in the ongoing effort to address the multiemployer pension…
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Jackson Lewis PC | USA | 16 Nov 2018
This is another blog on our monitoring the status of defined benefit multi-employer pension funds. Since this author last wrote to you, it has been…
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Morgan Lewis & Bockius LLP | USA | 9 Oct 2018
On September 14, 2018, the Pension Benefit Guaranty Corporation (PBGC) published final regulations intended to facilitate plan mergers and transfers…