Search
 

Proposed PBGC changes cause concern

Many industry groups are up in arms about proposed PBGC regulation changes.

By Paula Aven Gladych | Updated on June 05, 2013

A number of retirement industry groups have written letters of concern about the Pension Benefit Guaranty Corporation’s proposed regulations regarding reportable events requirements.

In April, the PBGC issued proposed regulations under the Employee Retirement Income Security Act that would change the circumstances under which plan administrators would have to notify the PBGC about problems with their pension plans. The goal of the rule was to eliminate unnecessary reporting from small plans that were not at risk of defaulting and focus the agency’s attention on those plans that are at risk.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

Dig Deeper

Recommended Stories

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.