Variable-Rate Premiums To Be Capped by SECURE 2.0
The variable premiums paid to PBGC would be un-indexed from inflation.
PBGC Reports Dire Situation for Multiemployer Program
The single-employer program, however, has continued to improve since its emergence from a deficit.
PBGC Issues 2019 Premium Filing Instructions
The agency has included revised instructions regarding disaster relief to reflect recent changes made to PBGC’s practice.
PBGC Publishes Fiscal Year 2018 Funding Update
“The multiemployer insurance program deficit has narrowed, but it clearly won’t keep the program from running out of money,” says PBGC Director Tom Reeder.
PBGC Updates Website With 2019 Premium Rates
DB plan sponsors are using a variety of strategies to manage increasing PBGC premiums, including accelerating funding and implementing pension risk transfer strategies.
PBGC 2018 Premium Filing Instructions Available
The agency included a list of common filing errors and provided details about those errors in a new Appendix.
Splitting Up DB Plans Can Reduce PBGC Premiums
DB plan sponsor clients may want to consider a strategy to reduce PBGC variable-rate premiums.