Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The ERISA Industry Committee supports new regulations proposed by the Pension Benefit Guaranty Corporation that would tinker with premium payments, premium rates and reduce regulatory burdens, but is against a provision that would apply loading factors to premiums of at-risk plans.

In a letter to the PBGC, ERIC said it appreciated the efforts of the PBGC and its response to the concerns of plan sponsors. It supports the proposal to change the premium due date for large plans and the proposal to lower the self-correction penalty cap. It does believe that the PBGC should not apply loading factors to premiums for 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



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 © 2022 ALM Global, LLC. All Rights Reserved.