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PBGC Notice of Information Collection Extension for Single-Employer Plan Termination Liability

The Pension Benefit Guaranty Corporation (PBGC) has issued a notice of intent to request an extension of OMB approval for its information collection regarding single-employer plan termination liability. This notice solicits public comment on the existing collection of information, which is necessary for determining employer liability.

PBGC Multiemployer Plan Regulations Information Collection Extension

The Pension Benefit Guaranty Corporation (PBGC) has issued a notice of its intention to request an extension of OMB approval for information collections related to multiemployer plans under ERISA. The agency is soliciting public comments on these collections.

PBGC Request for OMB Approval Extension for Premium Payment Information

The Pension Benefit Guaranty Corporation (PBGC) has requested an extension of OMB approval for its information collection related to termination premiums. This notice solicits public comment on the request.

Information Collection Submission for OMB Review: Annual Reporting Form 5500

The Office of Management and Budget (OMB) is seeking public comment on the Annual Reporting Form 5500, which is used for reporting information on employee benefit plans. This notice announces the submission of the information collection for OMB review and requests comments on its necessity and impact.

Allocation of Assets in Single-Employer Plans; Interest Assumptions

The Pension Benefit Guaranty Corporation (PBGC) is amending its regulation concerning the allocation of assets in single-employer plans. This rule updates the interest assumptions used for valuing benefits, effective January 31, 2026. The changes are administrative and do not impose new compliance burdens.

PBGC Approves Special Financial Assistance for Laborers Local No. 265 Plan

The Pension Benefit Guaranty Corporation (PBGC) announced the approval of Special Financial Assistance (SFA) for the Laborers Local No. 265 Pension Plan. The plan will receive approximately $59.4 million to avert insolvency and prevent benefit reductions for its 1,460 participants.

PBGC FY 2025 Annual Report Shows Financial Improvement

The Pension Benefit Guaranty Corporation (PBGC) released its Fiscal Year 2025 Annual Report, indicating continued financial improvement in its insurance programs. Both the Single-Employer and Multiemployer programs reported positive net financial positions for the fifth consecutive year.

PBGC FY 2024 Projections Report Shows Improved Insurance Outlook

The Pension Benefit Guaranty Corporation (PBGC) released its Fiscal Year 2024 Projections Report, indicating an improved financial outlook for its Multiemployer and Single-Employer pension insurance programs. The report projects the Multiemployer Program will remain solvent for 40 years, and the Single-Employer Program's net position is expected to grow significantly.