Benefits Forward

In conjunction with the issuance of interim final regulations, the agencies have also issued a Fact Sheet on the rules governing grandfathered health plans.

The Treasury, HHS and the DOL have released interim final regulations governing health plans grandfathered status for purposes of the Patient Protection Act.

Notice 2010-47 provides guidance on the corporate bond interest rate and the permissible range for purposes of Section 412(b).

The PBGC releases Technical Update 10-1 regarding Schedule R filings to Form 5500 for multiemployer plans.

See article (revision of article I wrote 4 years ago) entitled “Roadmap to Employment And Change in Control Agreements (Customary Provisions, Noncompete Issues, Excess Parachute Tax and §409A Rules),”   38 Tax Management Compensation Planning Journal 151 (June 4, 2010) at www.ebeclaw.com/ebeclaw/memos/Employment_and_Change_of_Control_Agmts_2010.pdf

The PBGC has announced that it will provide relief to some plans that used the alternative premium funding target to determine the variable rate premium but without checking the appropriate box.

The Congressional Budget Office presents a presentation to the Institute of Medicine on the impact of rising health care costs on the Federal budget.

The DOL finalizes its rules governing the timing and order of the issuance of QDROs.

HHS has posted its draft Early Retiree Reinsurance Program Application.