Pension Benefit Guaranty Corporation August 2013 – Federal Register Recent Federal Regulation Documents
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Benefits Payable in Terminated Single-Employer Plans; Interest Assumptions for Paying Benefits
This final rule amends the Pension Benefit Guaranty Corporation's regulation on Benefits Payable in Terminated Single- Employer Plans to prescribe interest assumptions under the regulation for valuation dates in September 2013. The interest assumptions are used for paying benefits under terminating single-employer plans covered by the pension insurance system administered by PBGC.
Approval of Amendment to Special Withdrawal Liability Rules the I.A.M. National Pension Fund National Pension Plan
The I.A.M. National Pension Fund National Pension Plan (``I.A.M. Fund'') requested the Pension Benefit Guaranty Corporation (``PBGC'') to approve a plan amendment providing for special withdrawal liability rules for certain employers that maintain the I.A.M. Fund. PBGC published a Notice of Pendency of the Request for Approval of the amendment on December 26, 2012 (77 FR 76090) (``Notice of Pendency''). In accordance with the provisions of the Employee Retirement Income Security Act of 1974, as amended (``ERISA'''), PBGC is now advising the public that the agency has approved the requested amendment.
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