Benefits Forward

Article by Benefits Attorney Charles Shulman discussing the new New York mini COBRA extension law.

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

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.

The PBGC has published a final rule amending its valuation regulation by substituting a new table for selecting a retirement rate category. The new table applies to any plan being terminated either in a distress termination or involuntarily by the PBGC with a valuation date falling in 2010.

The PBGC has published a final rule that amends PBGC’s benefit payments regulations to implement provisions of the Uniformed Services Employment and Reemployment Rights Act of 1994.

Benefits Attorney Charles Shulman discusses action items that plans will need to address in 2009 to comply with the Pension Protection Act of 2006 as well as with the Worker, Retiree and Employer Recovery Act of 2008.

Charles Shulman, executive compensation and benefits attorney, provides an analysis of the SEC’s proposed rules governing enhanced compensation disclosure requirements.

Chief Counsel Release clarifies the trustee requirement of Temp. Treas. Reg. § 1.892-2T(c)(1)(ii).

The Treasury releases its General Explanation of the Administration’s 2010 Revenue Proposals including an explanation of the Administration’s proposals for automatic enrollment in IRAs and its proposed expansion of the saver’s credit.

Notice 2009-45 provides guidance as to the corporate bond interest rates.