Tag: PBGC

Lockton Hires Client Adviser; Prudential Names Head of New Full Service Solutions Business; Milliman Hires Taft-Hartley Consultants, and more.

The bill aims to eliminate the motivation for legislators to raise PBGC premiums.

Regulators including the DOL, PBGC and IRS are seeking to update the reporting requirements related to the Form 5500 filed...

The former pilots claim the agency shortchanged their benefits to hold on to assets in order to earn investment returns...

The new guidance is effective July 1 and will impact the way DB plans use interest rate assumptions to value...

The proposed rule would provide guidance about the process for requesting a facilitated merger, including a request for financial assistance.

The single-employer program is underfunded by more than $19 billion, and the multiemployer program is underfunded by more than $42...

PBGC says its legal authority for this action comes from legislation about inflation adjustment of civil penalties.

While retirement industry regulators have been busy, not much has come out of Congress affecting retirement plans, but that may...

If greater transparency is so good for retirement plan providers, then it’s good for retirement industry regulators too.

PBGC director says penalties “should be no more than necessary to encourage timely payments.”

“The Pension and Budget Integrity Act simply moves these premiums ‘off-budget,’ and ensures that Congress is raising premiums only if...

A federal district court found private equity funds that owned a bankrupt company are responsible for that company’s multiemployer pension...

In a report to Congress, the agency says the program will likely run out of money by 2025.

The final rules modify waivers and information requirements to better balance the burden of reporting with PBGC’s need for information,...

The PBGC and Sears have reached an agreement on financial protection for approximately 200,000 Sears pension plan participants and beneficiaries. 

The Pension Benefit Guaranty Corporation will pay retirement benefits for more than 21,000 current and future retirees of the Great...

The Pension Benefit Guaranty Corporation announced an agreement that restores two pension plans to The Renco Group Inc., a private...

Client poll results shared by investment consulting firm NEPC show significant and increasing concern with the decisionmaking coming out of...

Insurance companies reported selling more than 300 separate pension risk transfer contracts under $100 million during 2015.