PBGCFinal Rules (FR)Jun 6, 2024★ strong match
iciary of a participant, the annuitant mortality tables apply for the period beginning with each assumed commencement of benefits for the participant. If the participant has died (or to the extent the participant is assumed to die before commencing benefits), the annuitant mortality tables apply with respect to the ben…
PBGCProposed Rules (FR)Proposed Aug 18, 2023related by meaning
…sumed commencement of benefits for the beneficiary.
(ii)
Examples of calculation using separate non-annuitant and annuitant tables. For a 45-year-old active participant who is projected to commence receiving an annuity at age 55, benefit liabilities are determined using the non-annuitant mortality tables for the period…
PBGCPBGC Opinion LettersSep 28, 1994★ strong match
…an a dmin istrator a s that term is
define d in E RIS A.
For plan years beginning before
January 1, 1988, sect ion 4007(a) of ERISA, 29 U.S.C. § 1307(a)
(1982), st ated
that the "pla n adminis trat or of each pl an
shall pay t he
PBGCPBGC Opinion LettersMay 20, 1998
… be comp ensated by the
City for i ts manag ement ser vices
in t he amount of at l east $ * * * per
ann um,
plus i ncenti ves and oth er charge s not t o ex
ceed $ * *
* over three ye ars, no t includin g "S pec ial Pro jects."
Contr act § I. B.4.
The
Corporation is "responsible for operating t he
[Transit Syst em] und…
PBGCRegulationsJan 1, 2017related by meaning
…ent. At the time of his death, Charlie was receiving payments under a 5-year certain-and-continuous annuity. Charlie designated Ellen to receive any payments we might owe for periods after his death. We underpaid Charlie for periods before his death. At the time of his death, we owed Charlie a back payment to reimburse…
90 FR 59972 — Allocation of Assets in Single-Employer Plans; Valuation of Benefits and Assets; Expected Retirement Age; Missing Participants Mortality Assumption PBGCFinal Rules (FR)Dec 23, 2025related by meaning
use no general notice of proposed rulemaking is required for this regulation, the Regulatory Flexibility Act of 1980 does not apply (5 U.S.C. 601(2)). List of Subjects in 29 CFR Part 4044
Employee benefit plans
Pension insurance
In consideration of the foregoing, 29 CFR part 4044 is amended as follows:
PART 4044—ALLOCA…
PBGCRegulationsJan 1, 2017related by meaning
…ormation in paragraph (b) of this section) a statement that—
(c)(2)(i) (i) Irrevocable commitments (annuity contracts) may be purchased from an insurer to provide some or all of the benefits under the plan;
(c)(2)(ii) (ii) The insurer or insurers have not yet been identified; and
PBGCPBGC Opinion LettersAug 2, 1994
…at t en out of twelve employers wi thdrew from the Plan in t he three-year period from 1986 through
1988.
You represent that two employers wit hdrew in 1986, one
in 1987, and seven of the
nine rem aining e mplo yers in
1988.
Of the seven employers that withdrew in 1988, five belonged to the
same emp loyer a ssocia tion…
PBGCPBGC Opinion LettersFeb 16, 1993
… Plan in eit her a
lump sum d istribution or an irrevo cab le com mitme nt in the for m of a
grou p ann uity
contract
fr om an i nsur ance c ompany. In addi ti on, y ou expl ain that sur pl
us asse
ts remained aft er all benefi ts of t he
Pensi on
90 FR 1374 — Adjustment of Civil Penalties for Inflation PBGCFinal Rules (FR)Jan 8, 2025
…er “$356” and add in its place the number “$365”.
( printed page 1375)
Issued in Washington, DC, by
Ann Y. Orr,
Acting Director, Pension Benefit Guaranty Corporation.
Footnotes
1.
91 FR 40954 — Improvements to Rules on Recoupment of Benefit Overpayments PBGCProposed Rules (FR)Proposed Jul 6, 2026
…5
06/01/1987
07/01/1987
7.50
07/01/1987
10/01/1987
7.75
10/01/1987
11/01/1987
8.00
11/01/1987
03/01/1988
8.25
03/01/1988
04/01/1988
8.00
04/01/1988
06/01/1988
7.75
06/01/1988
09/01/1988
8.00
09/01/1988
11/01/1988
8.25
11/01/1988
04/01/1989
7.75
04/01/1989
06/01/1989
8.00
06/01/1989
08/01/1989
7.75
08/01/1989
09/01/1989…
90 FR 6894 — Miscellaneous Corrections, Clarifications, and Improvements PBGCProposed Rules (FR)Proposed Jan 21, 2025
…2-0065
Part 4233, Partitions of Eligible Multiemployer Plans
1212-0068
Issued in Washington, DC, by
Ann Y. Orr,
Acting Director, Pension Benefit Guaranty Corporation.
Footnotes
1.
A CSEC plan is a plan maintained by multiple employers, most of which are rural cooperatives, charities, or agricultural cooperatives or ma…
PBGCRegulationsJan 1, 2017related by meaning
(c) (c) Time period for compliance. The agency shall comply with the obligations established under this section by October 21, 1986, except that where structural changes in facilities are undertaken, such changes shall be made by August 22, 1989, but in any event as expeditiously as possible.
PBGCRegulationsJan 1, 2017related by meaning
…rued benefit of $2,500 per month under the plan. The benefit is in the form of a joint and survivor annuity (contingent basis) that will pay 50 percent of the participant's benefit amount (i.e., $1,250 per month) to his surviving spouse following the death of the participant. On December 31, 1992, the participant is ag…
81 FR 29767 — Benefits Payable in Terminated Single-Employer Plans; Interest Assumptions for Paying Benefits PBGCFinal Rules (FR)May 13, 2016related by meaning
…r Payments
* * * * *
( printed page 29768)
Rate set
For plans with a valuation date
Immediate
annuity rate
(percent) Deferred annuities
(percent)
On or after
Before
i1
i2
i3
n1
n2
* * * * * * *
272
6-1-16
7-1-16
0.75
4.00
4.00
4.00
7
8
Issued in Washington, DC, on…
PBGCRegulationsJan 1, 2026related by meaning
(c)(4)(ii) (ii) Examples of calculation using separate non-annuitant and annuitant tables. For a 45-year-old active participant who is projected to commence receiving an annuity at age 55, benefit liabilities are determined using the non-annuitant mortality tables for the period before the participant attains age 55 an…
PBGCRegulationsJan 1, 2017related by meaning
… A was age 64 and receiving a benefit from the plan in the form of a 10-year certain-and-continuous annuity, with 4 years remaining in the certain period.
(g)(2)(i)(B) (B) Participant B was age 60 and 6 months and was still working. She began receiving a benefit from the plan in the form of a 50% joint-and-survivor ann…
PBGCPBGC Opinion LettersAug 18, 1995
…Opinion Lett er 94- 3,
2
(1994); PB GC O pinion Letter 89-2, 2 (1989);
PBGC
Opinion Letter 88-8, 2 (1988); PB GC O pinion Letter 82-9, 1 (1982).
90 FR 46348 — Miscellaneous Corrections, Clarifications, and Improvements; Correction PBGCFinal Rules (FR)Sep 26, 2025related by meaning
TION OF SINGLE-EMPLOYER PLANS
1. The authority citation for part 4041 continues to read as follows:
Authority:
29 U.S.C. 1302(b)(3), 1341, 1344, 1350. 2. Amend § 4041.21 by revising paragraphs (b)(2)(iii) and (iv) and (b)(2)(v)(A) to read as follows:
§ 4041.21
Requirements for a standard termination.
* * * * *
(b) * * …
PBGCRegulationsJan 1, 2017related by meaning
…hrough 4022.94 apply. For examples on how these rules apply in the case of a certain-and-continuous annuity, see § 4022.104. At the time of his death, Charlie was receiving payments under a joint-and-survivor annuity. Charlie designated Ellen to receive survivor benefits under his joint-and-survivor annuity. We underpa…