Tag: PBGC

Regulation February 29, 2024

PBGC Paid $127M for Deceased Central States Participants, Senate Republicans Demand Repayment

The error was identified in November 2023, and the Central States pension plan has asked for legal clarity on how to return it.

Research February 22, 2024

The two factors contributed approximately even amounts toward improved funding levels.

Regulation January 26, 2024

The aid will allow the critical status plan to remain solvent through 2051.

Manager Selection January 25, 2024

The companies will manage some of the agency’s fixed-income assets.

Regulation January 19, 2024

With a report on improvements due in 2025, the IRS, PBGC and EBSA are accepting feedback during a 90-day comment period.

Research December 21, 2023

According to the paper, the American Rescue Plan Act is a near-term plug but does not fix long-term insolvency problems.

Regulation November 20, 2023

The adjustments include revisions to Schedules MEP and MB.

Regulation November 20, 2023

The pension insurer is well in the green, but conditions can be volatile.

Regulation November 9, 2023

The tables are used for calculating withdrawal liability and missing participant program transfer amounts.

Regulation November 3, 2023

Local 550’s plan was terminated in 2016 and restored itself in 2022 before applying for a special financial assistance grant, which was denied.

Regulation October 27, 2023

The New York-based plan was projected to become insolvent in 2026.

Regulation October 23, 2023

The answer varies from plan to plan, but there are incentives to invest the money conservatively.

Regulation October 18, 2023

Most measures are still tied to inflation, but SECURE 2.0 capped the variable rate for single-employer plans at 5.2%.

Regulation September 28, 2023

Government data collection agencies, such as the Bureau of Labor Statistics, would shut down completely absent a continuing resolution.

Regulation September 22, 2023

The plan was projected to become insolvent next year, when it would have had to cut benefits nearly in half.