ERISA Section 4010 Financial Reporting Waiver

Document Excerpt ERISA 4010 Financial Reporting Waiver: To reduce the burden of reporting under PBGC’s 4010 regulation, PBGC is waiving the § 4010.9(b)(2) requirement to report certain financial information separately for each non-exempt member of the filer’s controlled group. See PBGC Technical Update 19-1 for details and conditions. (10/16/2019) Link https://www.pbgc.gov/prac/whatsnew?utm_medium=email&utm_source=govdelivery

Fiscal Year 2020 Program

Document Excerpt FISCAL YEAR 2020 COMPLIANCE PROGRAM TE/GE delivers a compliance platform that is divided into six portfolio programs: Compliance Strategies; Data-Driven Approaches; Referrals, Claims and Other Casework; Compliance Contacts; Determinations; and Voluntary Compliance and Other Technical Programs. Data is used to identify and address existing and emerging high-risk areas of noncompliance and steer the […]

Premium Rates for 2020

Document Excerpt Link https://www.pbgc.gov/prac/prem/premium-rates

Notice of Hearing on Multiple Employer Plans

Document Excerpt SUMMARY: This document provides a notice of public hearing on proposed regulations relating to the tax qualification of plans maintained by more than one employer. These plans, maintained pursuant to section 413(c) of the InternalRevenue Code (Code), are often referred to as multiple employer plans or MEPs. DATES: The public hearing is being […]

Proposed Regulations on Administrative Review of Agency Decisions

Document Excerpt The Pension Benefit Guaranty Corporation is amending its regulation on Rules for Administrative Review of Agency Decisions. The proposed rule would clarify and make changes to the review process for certain agency determinations and the procedures for requesting administrative review. Link https://www.federalregister.gov/documents/2019/10/04/2019-21495/administrative-review-of-agency-decisions

ACA Pay or Play Penalties Still Apply the IRS Confirms

Document Excerpt Link https://www.irs.gov/pub/irs-wd/19-0008.pdf

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