PBGC Proposes Changes to Assumptions Used in Certain Valuations
The Pension Benefit Guaranty Corporation (PBGC) has released a proposed rule titled Valuations Assumptions and Methods.
IRS Announces Deadline Relief for Mississippi
The IRS has announced the postponement of certain tax-related deadlines for victims of severe storms, straight-line winds, and tornadoes in parts of Mississippi.
Retirement Plan Disaster Assistance May Be Available for Illinois
The Federal Emergency Management Agency (FEMA) issued a disaster declaration on August 15, 2023, for Illinois severe storms and flooding.
IRS Issues Yield Curves and Segment Rates for DB Plan Calculations
The IRS has issued Notice 2023-61, which contains updated guidance on defined benefit (DB) pension plan minimum funding and present value calculations.
Retirement Plan Disaster Assistance May Be Available for Mississippi
The Federal Emergency Management Agency (FEMA) issued a disaster declaration on August 12, 2023, for Mississippi severe storms, straight-line winds, and tornadoes.
Retirement Plan Disaster Assistance May Be Available for Montana
The Federal Emergency Management Agency (FEMA) issued a disaster declaration on August 12, 2023.
Retirement Plan Disaster Assistance May Be Available for New Jersey
The Federal Emergency Management Agency (FEMA) issued a disaster declaration on August 11, 2023.
Retirement Plan Disaster Assistance May Be Available for Hawaii Wildfires
The Federal Emergency Management Agency (FEMA) issued a disaster declaration on August 10, 2023, for Hawaii Wildfires.
PBGC Announces One-Time 4010 Filing Waiver
The Pension Benefit Guaranty Corporation is providing a one-time waiver of the reporting requirement under Section 4010 of ERISA for filers meeting specific criteria.
DOL Requests Reporting and Disclosure Information for SECURE 2.0
The Department of Labor’s Employee Benefits Security Administration has issued a request for information to solicit public input on a number of provisions of SECURE 2.0 that impact ERISA’s reporting and disclosure requirements.
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