The Pension Benefit Guaranty Corporation (PBGC) has issued updated interest rate assumptions for benefit payments in terminating single-employer defined benefit (DB) pension plans. Specifically, these interest assumptions are for benefit payments with valuation dates in the fourth quarter of 2021, and apply to plans insured by PBGC.
Regulatory and Legislative
The Federal Emergency Management Agency issued a disaster declaration on April 19, 2024, for New Hampshire severe storms and flooding.
Regulatory and Legislative
The Federal Emergency Management Agency issued a disaster declaration on April 19, 2024, for a Vermont severe winter storm.
Regulatory and Legislative
Department of Labor guidance titled “Amendment of Abandoned Plan Program” that has been with the Office of Management and Budget since last July, has left OMB.
