Remedial Amendment Period and Reliance for 403(b) Plans

Announcement 2009-89 provides for a remedial amendment period and reliance for employers that, pursuant to upcoming guidance, either adopt a pre-approved plan or apply for an individual determination letter when available.

Mutual Fund Exception Applies to Fund of Funds

The plan asset exception for mutual funds applies equally to target date and life cycle funds.

Notice of Proposed Ford VEBA Prohibited Transaction Exemption

The DOL has issued a notice of proposed individual prohibited transaction exemption for the Ford company VEBA.

2010 Covered Compensation Tables

Revene Ruling 2009-40 sets forth the covered compensation tables for 2010.

Reportable Events and Form 200; Draft Information Requirements

The draft information requirements submitted to the Office of Management and Budget in connection with PBGC’s pending proposed rule on Reportable Events are now available on PBGC’s Web site.

DOL Unified Agenda

DOL post on its website its unified agenda.

Corporate Bond Weighted Average Interest Rate

IRS Notice 2009-96 provides information on the corporate bond weighted average interest rate and the permissible range of interest rates specified under Section 412(b)(5)(B)(ii)(II).

Proposed Reportable Events Rule

The PBGC issues a proposed rule governing reportable events that reflects changes made by the PPA, conforming amendments, and other changes.

Draft Information Requirements in connection with Pending Reportable Event Proposed Rule

The draft information requirements submitted to the Office of Management and Budget in connection with PBGC’s pending proposed rule on Reportable Events are now available on PBGC’s Web site.

PBGC Publishes Flat Rate Premium Notice

The PBGC has issued a notice containing the 2010 flat rate premium and also advising that it will no longer publish the premium notices in the Federal Register.

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