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 ...
Under the Bipartisan Budget Act of 2015 (“BBA 2015”), Pension Benefit Guaranty Corporation (“PBGC”) premiums for plan years beginning in 2025 are due one month earlier than normal. For example, for ...
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 ...
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 ...
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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 ...
The Pension Benefit Guaranty Corporation projects lasting solvency for both its single and multiemployer pension insurance systems, per a projections report released on July 19. The PBGC maintains two ...
The Biden administration is facing a new congressional probe after an agency that distributed tens of billions of dollars from the American Rescue Plan failed to stop $127 million from going to ...
The Pension Benefit Guaranty Corp.'s single-employer and multiemployer pension programs remain in solid shape as both posted net positive positions in the last fiscal year, according to the PBGC's ...