Pension Benefit Guaranty Corporation (PBGC) Practitioner Updates Update

You are subscribed to Practitioners - What's New for Pension Benefit Guaranty Corporation (PBGC). PBGC has recently posted the following update to the What's New for Practitioners Web page:

Multiemployer Plans; Notice and Valuation Requirements Proposed Rule. On January 29, 2014, PBGC published a proposed rule that would implement changes to PBGC's multiemployer regulations. The changes were developed as a result of PBGC's regulatory review. The proposal would reduce the number of actuarial valuations required for certain small terminated but not insolvent plans, shorten the advance notice filing requirements for mergers in situations that do not involve a compliance determination, and remove certain insolvency notice and update requirements. Comments on the proposed rule are due March 31, 2014.