Regulatory and Legislative

PBGC Premium Filing Deadlines Change for 2025 Plan Years

FuturePlan ERISA Team January 07 2025

The Pension Benefit Guaranty Corporation (PBGC) has issued Technical Update 25-1 that provides guidance on the timing of premium payments for plan years beginning in 2025. Due to a provision in the Bipartisan Budget Act of 2015, the premium filing due date for all plans is the 15th day of the 9th calendar month that begins on or after the first day of the plan year—so for calendar year plans, September 15th instead of October 15th.

PBGC notes that this information will be incorporated into the 2025 Comprehensive Premium Filing Instructions which will be posted later. The guidance also posed a possible repeal of the applicable section of the Bipartisan Budget Act, in which case the instructions would be further updated.

Legislative updates Defined Benefit Plan Defined Contribution Plan

Regulatory and Legislative

DOL Final Rule Updating VFCP Has Left OMB

DOL Final Rule Updating VFCP Has Left OMB

Department of Labor guidance titled “Adoption of Amended and Restated Voluntary Fiduciary Correction Program” has left the Office of Management and Budget.


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