Pension Benefit Guaranty Corporation January 29, 2014 – Federal Register Recent Federal Regulation Documents

Multiemployer Plans; Valuation and Notice Requirements
Document Number: 2014-01337
Type: Proposed Rule
Date: 2014-01-29
Agency: Pension Benefit Guaranty Corporation, Agencies and Commissions
PBGC is proposing to amend its multiemployer regulations to make the provision of information to PBGC and plan participants more efficient and effective and to reduce burden on plans and sponsors. The amendments would reduce the number of actuarial valuations required for certain small terminated but not insolvent plans, shorten the advance notice filing requirements for mergers in situations that do not involve a compliance determination, and remove certain insolvency notice and update requirements. The amendments are a result of PBGC's regulatory review under Executive Order 13563 (Improving Regulation and Regulatory Review).
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