Search

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.

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.