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Reportable Events and Certain Other Notification Requirements (US Pension Benefit Guaranty Corporation Regulation) (PBGC) (2018 Edition) The Law Library

Reportable Events and Certain Other Notification Requirements (US Pension Benefit Guaranty Corporation Regulation) (PBGC) (2018 Edition) The Law Library presents the complete text of the Reportable Events and Certain Other Notification Requirements (US Pension Benefit Guaranty Corporation Regulation) (PBGC) (2018 Edition). Updated as of May 29, 2018 In 2013, PBGC proposed to establish risk-based safe harbors that would exempt most companies and plans from many of its reportable events requirements and target reporting toward the minority of plan sponsors and plans presenting the most substantial risk of involuntary or distress termination. After holding a hearing on the proposal, and carefully considering the public's written and oral comments, PBGC is publishing this final rule to make the requirements of the sponsor risk-based safe harbor more flexible, make the funding level for satisfying the well-funded plan safe harbor lower and tied to the variable-rate premium, and add public company waivers for five events. The waiver structure under the final rule will further reduce unnecessary reporting requirements, while at the same time better targeting PBGC's resources to plans that pose the greatest risks to the pension insurance system. PBGC anticipates the final rule will exempt about 94 percent of plans and sponsors from many reporting requirements and result in a net reduction in reporting to PBGC. This rulemaking is a result of PBGC's regulatory review under Executive Order 13563. This book contains: - The complete text of the Reportable Events and Certain Other Notification Requirements (US Pension Benefit Guaranty Corporation Regulation) (PBGC) (2018 Edition) - A table of contents with the page number of each section