Outbreak Period Ends
The National Emergency in response to COVID-19 that began on March 20, 2020, ended on May 11, 2023.
PBGC Issues Benefits Payable and Allocation Guidance for Single-Employer Plans
The Pension Benefit Guarantee Corporation has issued a final rule updating regulations regarding benefits payable in terminated single-employer plans and allocation of assets in single-employer plans.
Disaster Assistance May Be Available for Maine Severe Storm and Flooding
The Federal Emergency Management Agency (FEMA) issued a disaster declaration on July 6, 2023, for Maine severe storm and flooding.
Disaster Assistance May Be Available for South Dakota Flooding
The Federal Emergency Management Agency (FEMA) issued a disaster declaration on July 6, 2023, for South Dakota flooding.
Disaster Assistance May Be Available for North Dakota Flooding
The Federal Emergency Management Agency (FEMA) issued a disaster declaration on July 5, 2023, for North Dakota flooding.
PBGC Proposes Modification to Information Collected Under Its Missing Participant Program
The Pension Benefit Guaranty Corporation (PBGC) is requesting from the federal Office of Management and Budget (OMB) the authority to modify its information collection procedures under its missing participants program.
IRS Proposes Rules for Determining Corporate Bond Yield Curve
The IRS has released a proposed rule aimed at specifying the methodology used to develop the corporate bond yield curve.
Updated Yield Curves and Segment Rates for DB Plans
The IRS has issued Notice 2023-48, which contains updated guidance on factors used in certain defined benefit (DB) pension plan minimum funding and present value calculations.
PBGC Updates Interest Assumptions for Valuing Benefits for Third Quarter 2023
The Pension Benefit Guarantee Corporation (PBGC) has issued a final rule updating interest assumptions under the asset allocation regulation for plans with valuation dates in the third quarter of 2023.
Proposed Regulations Govern Making Participant Elections and Spousal Consents Electronically
Responding to numerous requests to make the temporary provisions permanent, the IRS issued proposed regulations.
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