Seyfarth Synopsis: On October 14, 2022, the Pension Benefit Guaranty Corporation (“PBGC”) published its proposed rule under ERISA Section 4213 (the “Proposed Rule”), which sets forth for the first ...
The Pension Benefit Guaranty Corporation has long held that once a pension is converted to an annuity, federal protections no longer apply. But that wasn’t always the case. In fact, the law firm Ivins ...
The Pension Benefit Guaranty Corporation (PBGC) has issued its first technical update of the year to provide guidance on the accelerated premium filing date for plan years that begin in 2025. In ...
The web page addresses how applications submitted before a final rule is published will be affected by any changes PBGC makes. The American Rescue Plan Act (ARPA), signed into law earlier this year, ...
Two attorneys specializing in ERISA made a case that defined benefit plan participants still deserve federal protection under the Pension Benefit Guaranty Corporation. As private insurers increasingly ...
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The Pension Benefit Guaranty Corp. on Friday announced it had approved a combined $1.9 billion in special financial assistance for two struggling multiemployer plans. The Food Employers Labor ...
The health of the Pension Benefit Guaranty Corp.'s single-employer and multiemployer pension programs improved once again, as both posted net positive positions in the latest fiscal year, according to ...
When companies are involved in a merger and one of them has a retirement plan that has received special financial assistance, does that fact have any relevance? The PBGC sheds some light.
Serco Group‘s North American subsidiary has secured a potential five-year, $238 million follow-on contract from the Pension Benefit Guaranty Corporation for continued customer support services. Serco ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...
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