Wednesday, March 19, 2014

PBGC Releases Final Rule on Premium Rates, Payment of Premiums & Reducing Regulatory Burden

The Pension Benefits Guaranty Corporation (“PBGC”) released a final regulation on Premium Rates, Payment of Premiums and Reducing Regulatory Burden.

This final rule changes the due date for small plans, generally requires small plans to base the variable-rate premium on prior year data, coordinates the due date for terminating plans with the termination process, and expands premium penalty relief.

ERIC members and trial members can read more here.
For the PBGC Final Regulation, click here.
For ERIC's comment letter, click here.



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