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Proskauer Rose LLP | USA | 5 Oct 2020
PBGC Provides Temporary Flexibility for Variable-Rate Premium Calculations
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
Limited Filing Relief for Form 5500 and Form 8955-SSA
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
Warning: Your 2020 PBGC Premiums Could Be Much Higher than You Expect
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
PBGC Proposes Simplified Methods for Withdrawal Liability Calculations
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
Calling all Pension Plan Sponsors: Didn’t Think You Could Include Retirees in Pay Status in Your Lump Sum Window? (Us Either; the IRS Reversed Course)
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 PBGC Proposes Simplified Methods for Calculating Withdrawal Liability
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
Let’s Talk - PBGC Pilot Mediation Project is Now Permanent
The Pension Benefit Guaranty Corporation (the “PBGC”) launched a Pilot Mediation Project in October 2017 to provide plan sponsors an opportunity to…
Morgan Lewis & Bockius LLP | USA | 31 Jan 2019
Multiemployer Pension Reform Efforts Continue After Demise of Congressional Joint Select Committee (Part 1 of 2)
Many in the multiemployer pension plan community expected significant developments in 2018 in the ongoing effort to address the multiemployer pension…
Jackson Lewis PC | USA | 16 Nov 2018
The Saga Continues for Multi-Employer Pension Funds
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…
Morgan Lewis & Bockius LLP | USA | 9 Oct 2018
How to Help a Plan in Need: PBGC Issues Final Regulations on Multiemployer Plan Mergers
On September 14, 2018, the Pension Benefit Guaranty Corporation (PBGC) published final regulations intended to facilitate plan mergers and transfers…
