90 FR 6894 — Miscellaneous Corrections, Clarifications, and Improvements PBGCProposed Rules (FR)Proposed Jan 21, 2025★ strong match
…ority citation for part 4041A continues to read as follows:
Authority:
29 U.S.C. 1302(b)(3), 1341a, 1431, 1441.
§ 4041A.11
[Amended] 19. Amend § 4041A.11 by removing “(Approved by the Office of Management and Budget under control number 1212-0020)”.
PART 4043—REPORTABLE EVENTS AND CERTAIN OTHER NOTIFICATION REQUIREMENT…
90 FR 39320 — Miscellaneous Corrections, Clarifications, and Improvements PBGCFinal Rules (FR)Aug 15, 2025★ strong match
…thority citation for part 4245 continues to read as follows:
Authority:
29 U.S.C 1302(b)(3), 1341a, 1431, 1426(e).
45. In § 4245.8, revise paragraph (b) to read as follows:
§ 4245.8
Financial assistance.
* * * * *
(b)
Actuarial valuations.
78 FR 20039 — Reportable Events and Certain Other Notification Requirements PBGCProposed Rules (FR)Proposed Apr 3, 2013related by meaning
llion.
(1) Form 200 must be filed with PBGC no later than 10 days after the due date for any required payment for which payment was not made when due. (2) If a contributing sponsor or the ultimate parent completes and submits Form 200 in accordance with this section, PBGC will consider the notification requirement in s…
84 FR 18715 — Terminated and Insolvent Multiemployer Plans and Duties of Plan Sponsors PBGCFinal Rules (FR)May 2, 2019
…rity citation for part 4041A is revised to read as follows:
Authority:
29 U.S.C. 1302(b)(3), 1341a, 1431, 1441.
2. In § 4041A.2:
a. Revise the introductory text;
b. Remove the phrase “In addition, for purposes of this part:”;
c. Add in alphabetical order a definition for “Actuarial valuation”;
d. Amend the definition o…
83 FR 32815 — Terminated and Insolvent Multiemployer Plans and Duties of Plan Sponsors PBGCProposed Rules (FR)Proposed Jul 16, 2018
…rity citation for part 4041A is revised to read as follows:
Authority:
29 U.S.C. 1302(b)(3), 1341a, 1431, 1441.
2. In § 4041A.2:
a. Add in alphabetical order a definition for “Actuarial valuation”;
b. Amend the definition of “Available resources” by removing “means, for a plan year, available” and adding in its place “…
85 FR 6046 — Miscellaneous Corrections, Clarifications, and Improvements PBGCFinal Rules (FR)Feb 4, 2020related by meaning
te for any affected party, file with PBGC a post-distribution certification (PBGC Form 501), completed in accordance with the instructions thereto; or (2)(i) Within 30 days after the last distribution date for any affected party, certify to PBGC, in the manner prescribed in the instructions to PBGC Form 501, that the p…
PBGCProposed Rules (FR)Proposed Jul 22, 2010★ strong match
debtor's employing agency or to the Financial Management Service to implement salary offset, unless the employee files a timely request for a hearing; (v) That a final decision on the hearing, if requested, will be issued at the earliest practicable date, but not later than 60 days after the filing of the request for a…
PBGCCode / StatuteJan 6, 2017
(a) (a) Authority; procedure applicable; amount If, upon receipt of an application for financial assistance under section 1426(f) of this title or section 1441(d) of this title, the corporation verifies that the plan is or will be insolvent and unable to pay basic benefits when due, the corporation shall provide the pl…
88 FR 76660 — Technical Amendments: Special Financial Assistance Withdrawal Liability Condition; SECURE 2.0 Act; and Other Updates PBGCFinal Rules (FR)Nov 7, 2023★ strong match
REQUIREMENTS
16. The authority citation for part 4043 continues to read as follows:
Authority:
29 U.S.C. 1083(k), 1302(b)(3), 1343.
§ 4043.8
[Amended] 17. Amend § 4043.8 by removing “§ 4901.21(a)(3)” and adding in its place “§ 4901.21(a)”.
PART 4211—ALLOCATING UNFUNDED VESTED BENEFITS TO WITHDRAWING EMPLOYERS
18. The a…
PBGCCode / StatuteJan 6, 2017
…ic benefits, the plan sponsor may apply for financial assistance from the corporation under section 1431 of this title.
(f)(2) (2) A plan sponsor who has determined a resource benefit level for an insolvency year which is below the level of basic benefits shall apply for financial assistance from the corporation under …
PBGCCode / StatuteJan 6, 2017related by meaning
(c) (c) Priority
(c)(1) (1) Except as otherwise provided under this section, the priority of a lien imposed under subsection (a) shall be determined in the same manner as under section 6323 of title 26 (as in effect on April 7, 1986). Such section 6323 shall be applied for purposes of this section by disregarding subse…
PBGCRegulationsJan 1, 2017related by meaning
(b) (b) Waiver. Notice is waived for this event.
PBGCCode / StatuteJan 6, 2025
… eligible multiemployer plan to have a present value of financial assistance payments under section 1431 of this title that exceeds $1,000,000,000 if the special financial assistance is not ordered;
(d)(1)(C) (C) the eligible multiemployer plan has implemented benefit suspensions under section 1085(e)(9) of this title …
PBGCCode / StatuteJan 6, 2025
…accounts within such fund; and
(b)(3)(B)(iii) (iii) financial assistance, as provided under section 1431 of this title, shall be withdrawn proportionately from the noninterest-bearing and other accounts within the fund.
PBGCRegulationsJul 1, 2019related by meaning
[Reserved]
PBGCCode / StatuteJan 6, 2025
…agraph (A) is necessary to provide assistance to plans which are receiving assistance under section 1431 of this title and to plans the board finds are reasonably likely to require such assistance, the board may order such increase in the premium rates.
(a)(3)(C)(iii) (iii) The maximum annual premium rate which may be …
29 C.F.R. § 4903.18(b) — Will a debtor who owes a debt to PBGC or another Federal agency, and persons controlled by or controlling such debtors, be ineligible for Federal loan assistan… PBGCRegulationsJan 1, 2017
…This section does not apply to loans provided to multi-employer pension plans pursuant to 29 U.S.C. 1431, 29 CFR 4261.1 and 4281.47.
PBGCRegulationsJan 1, 2017related by meaning
[Reserved]
PBGCPBGC Opinion LettersDec 10, 2002
…I SA to provide for financial assistance to multiemploy er plans in 1980
(ERISA § 4261, 29 U.S.C. § 1431), it never authorized such assistance to sing le-employer
plans.
In its 28 y ears of existence , PBGC has exercise d its secti on 4047 re storation authority
only once. I n the LTV case, PBG C ordered restoration of…
PBGCRegulationsOct 15, 2018related by meaning
(e) (e) Where to file. See § 4000.4 of this chapter for information on where to file.