Pension Benefit Guaranty Corporation February 6, 2019 – Federal Register Recent Federal Regulation Documents

Methods for Computing Withdrawal Liability, Multiemployer Pension Reform Act of 2014
Document Number: 2019-00491
Type: Proposed Rule
Date: 2019-02-06
Agency: Pension Benefit Guaranty Corporation, Agencies and Commissions
The Pension Benefit Guaranty Corporation proposes to amend its regulations on Allocating Unfunded Vested Benefits to Withdrawing Employers and Notice, Collection, and Redetermination of Withdrawal Liability. The proposed amendments would implement statutory provisions affecting the determination of a withdrawing employer's liability under a multiemployer plan and annual withdrawal liability payment amount when the plan has had benefit reductions, benefit suspensions, surcharges, or contribution increases that must be disregarded. The proposed amendments would also provide simplified withdrawal liability calculation methods.
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