Hall Benefits Law | USA | 17 Sep 2021
On July 9, 2021, the Pension Benefit Guaranty Corporation (PBGC) issued an interim final rule (IFR) on the process for eligible distressed…
Seyfarth Shaw LLP | USA | 11 Mar 2021
On March 11, 2021, President Biden signed into law the American Rescue Plan Act of 2021 ("ARPA"), the $1.9 trillion COVID-19 relief bill. ARPA…
Proskauer Rose LLP | USA | 16 Feb 2021
The Pension Benefit Guaranty Corporation (“PBGC”) issued a final rule on January 7, 2021 that impacts the calculation of withdrawal liability by…
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…
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…
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…
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…
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…
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…
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…