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Pension Benefit Guaranty News

News on Pension Benefit Guaranty continually updated from thousands of sources around the net.

Sunday Aug 17 | Business Insurance

New federal pension law delays higher employer contributions until 2018

Employers can reduce their contributions to employee pension plans this year thanks to a new federal law allowing them to assume higher interest rates in valuing the size of their defined benefit plan liabilities.

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Related Topix: Pension, Personal Finance, Insurance

Wed Aug 06, 2014

HR Magazine

Pension Smoothing Extended Without Premium Hike

On July 31, 2014, the Senate joined the House in passing legislation extending available interest rate "smoothing" options for funding defined benefit pension plans.

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Related Topix: Insurance

JD Supra

Are You Selling Or Downsizing a U.S. Business? Plant Closing Liability Relief May Be Coming

A long overlooked and long unenforced provision of ERISA sometimes referred to as the "plant closing rule" has caused a stir in recent years as the U.S. Pension Benefit Guaranty Corporation began aggressively pursuing defined benefit plan sponsors to enforce it.

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Related Topix: Insurance

Tue Aug 05, 2014

JD Supra

PBGC Coverage May No Longer Apply to Puerto Rico-Only Qualified Retirement Plans

Employers that sponsor defined benefit qualified retirement plans benefiting only Puerto Rico employees should be aware that Pension Benefit Guaranty Corporation coverage may no longer apply.

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Related Topix: Insurance

Sun Aug 03, 2014

Pensions & Investments

Keeping the PBGC from being the next bailout recipient

A series of recently issued reports have addressed various governance and financial challenges facing the Pension Benefit Guaranty Corp. The takeaway from all of them is that unless changes are made in the way the federal pension insurance system is governed and financed, there is a heightened risk that taxpayers will be called upon to bail out the ... (more)

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Related Topix: Insurance

Thu Jul 31, 2014

Fredericksburg.com

Judge approves FLS settlement Judge approved a settlement on a number ...

Judge Kevin R. Huennekens approved a settlement Thursday on a number of disputes that he said "is in the best interest to expedite the conclusion" of The Free LanceStar bankruptcy case.

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Related Topix: Economics News, Bankruptcy, Insurance, Fredericksburg, VA

Mon Jul 28, 2014

AmmoLand

Still Fighting: The Delphi Workers Obama Robbed

The White House pretended to champion American workers this week with gimmicky initiatives on federal job training and " workplace innovation ."

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Related Topix: US News, Insurance, Michigan

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