The Department of Labor (DOL) and Pension Benefit Guaranty
Corporation (PBGC) recently released their updated semiannual regulatory
agendas. These agendas provide information about regulatory projects the
agencies are considering that would have a significant economic impact.
The DOL’s agenda indicates that it is planning to issue guidance on the
definition of fiduciary, lifetime income statements, standards for brokerage
windows, target date fund disclosures, guide for section 408(b)(2) disclosures,
selection of annuity providers annual funding notice and adoption of amended
and restated Voluntary Fiduciary Correction Program.
The PBGC’s agenda
indicates that it plans to issue guidance on the treatment of substantial
cessation of operations, reportable events, missing participants, and benefit
determinations and plan valuations for statutory hybrid plans.
The agendas are available here.
ERIC members and trial members can read more here.
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