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PBGC Final Rule on Asset Allocation Interest Assumptions
The Pension Benefit Guaranty Corporation (PBGC) issued a final rule amending its Allocation of Assets regulation. This rule prescribes the spreads component of the interest assumption for plans with valuation dates between January 31, 2026, and April 29, 2026. The updated assumptions are crucial for valuing benefits under terminating single-employer plans.
OMB Review Comment Request: Premium Payment and Termination
The Pension Benefit Guaranty Corporation (PBGC) has submitted an information collection request for OMB review concerning premium payment and termination. The agency is seeking public comments on this collection.
PBGC Multiemployer Plan Regulations Information Collection Comment Request
The Pension Benefit Guaranty Corporation (PBGC) has submitted a proposed information collection for review by the Office of Management and Budget (OMB) concerning multiemployer plan regulations. The public is invited to comment on this submission.
PBGC Proposed Information Collection on Plan Termination Liability
The Pension Benefit Guaranty Corporation (PBGC) is seeking public comment on proposed information collections related to liability for the termination of single-employer plans. This notice initiates a 51-day comment period, closing on May 4, 2026.
PBGC Approves $868.8M Special Financial Assistance for UNITE HERE Fund
The Pension Benefit Guaranty Corporation (PBGC) has approved $868.8 million in Special Financial Assistance (SFA) for the UNITE HERE Fund. This funding averts insolvency for the plan, which covers over 91,000 hospitality workers, preventing benefit reductions.
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