Resource Type: Legislation & Regulations
Multi-Employer Funding Notices
Required Notices on Funding of Multiemployer Defined Benefit Plans: 29 USC §101(f)The Pension Funding Equity Act of 2004 requires multiemployer plans to provide more detailed notices on the status of the pension plan’s assets, and other important information. The new rule applies to plan years beginning after December 31, 2004. The information required in the […]
Rules for Administrative Review of Agency Decisions
The Pension Benefit Guaranty Corporation issued final regulations clarifying the rules for administrative review process of the agency’s decisions.
Funding relief for pension plans
The Preservation of Access to Care for Medicare Beneficiaries and Pension Relief Act (Pub. L. No. 111-192) was signed into law by the President on June 25, 2010. It provides funding relief to employers paying into both single- and multiemployer pension plans. Private pension law currently gives employers extra time to fully fund their pension […]
Benefit Cutbacks in Single Employer Plans
Starting in 2008 some underfunded pension plans sponsored by a single employer became subject to restrictions on benefits. These benefit restrictions were implemented by the Pension Protection Act of 2006 (PPA), which Congress passed to shore up the funding of traditional private sector defined benefit pension plans. This fact sheet explains the four basic benefit restrictions under […]
Impact of Annuitization (May 3, 2010)
The Department of the Treasury and the Department of Labor issued a joint Request for Information (RFI) regarding the impact annuitization may have on workers participating in retirement plans. Read the Pension Rights Center’s response. PRC was also a part of the Women’s Pension Coalition response. In September 2010, Rebecca Davis testified at a joint […]
401(k) fee disclosure (July 24, 2007)
The Department of Labor submitted a Request for Information on the issue of 401(k) fee disclosure to plans and participants. The Pension Rights Center submitted comments.
