PBGCPBGC Opinion LettersAug 2, 1994
Pension Benefit Guaranty Corporation
94-3
Augus t 2, 1994
RE FE RE NC E:
[* 1] >42 03(b) (1) >
4204(a)(3) Sale of Assets. Bond Requirement on Liquidation of Seller
4209(c) De Minimis Rule . Excepti ons to De Minimis Rule
421 9(c) (1)(D ) No tice & Co llection o f W ithdraw al Liab ility - Payme nt on M ass W ithdraw…
90 FR 39320 — Miscellaneous Corrections, Clarifications, and Improvements PBGCFinal Rules (FR)Aug 15, 2025related by meaning
… Certain Other Notification Requirements, 78 FR 20039, 20057 (Apr. 3, 2013) and DOL's final rule on Procedures Governing the Filing and Processing of Prohibited Transaction Exemption Applications, 89 FR 4662, 4690 (Jan. 24, 2024).
Back to Citation
30.
See
Bipartisan Budget Act of 2015, Public Law 114-74, Title V, Sec…
PBGCPBGC Opinion LettersJun 15, 1994
Pension Benefit Guaranty Corporation
94-1
June 15, 1994
REFERENCE:
[*1] >4007( )>
>29 CFR 2610.7(a)>
OPINION:
I write in response to you r letter regarding the method used by the Pension Benefit
Guaranty Corporation ("PBGC") to calculate interest on premium underpayments under the
PBGC's regulation on Payment of Premiu…
PBGCPBGC Opinion LettersSep 28, 1994
Pension Benefit Guaranty Corporation
94-6
Septembe r 28, 1994
RE FE RE NC E:
[*1] 400 7(a) P ayment of P remiums. D ue Da tes
>4007( e)>
>29 CFR 2610 .26( b)>
>29 CFR 2617 .28( b)>
OP INI ON :
You
have reques ted an
opini on fr om the Pensi on Benef it Guarant y Corpor ati on ("PBGC") on
whether an indi vidual
who
acte…
90 FR 6894 — Miscellaneous Corrections, Clarifications, and Improvements PBGCProposed Rules (FR)Proposed Jan 21, 2025related by meaning
(3), 1413.
40. Amend § 4233.3 by revising the second sentence in paragraph (b) to read as follows:
§ 4233.3
Application filing requirements.
* * * * * (b) * * * The application must be signed and dated by an authorized trustee who is a current member of the board of trustees, and must include the following statement un…
PBGCPBGC Opinion LettersSep 27, 1994★ strong match
reting E RIS A § 4 03( c). W e
understand
that you have request ed the Department of Labor's opinion. We also note that the Department of Treasury
has propose d regu lat ions on th is subje ct. Prop.
Tre as. Re g. 1.4 01( a)-3, 4 8 Fe d. Re g. 10 374 (19 83) . W e will de fer to the ir
views o n this issue.
I
hope this…
85 FR 6046 — Miscellaneous Corrections, Clarifications, and Improvements PBGCFinal Rules (FR)Feb 4, 2020related by meaning
ontributing sponsor or controlled group, (4) extraordinary dividend or stock redemption, and (5) transfer of benefit liabilities.
Back to Citation
15. PBGC did not issue guidance at the suggestion of two commenters to permit plans to submit a chart before a final rule is effective. As noted above, some comments sugges…
PBGCPBGC Opinion LettersSep 30, 1994
… sponsor r eview
and arbitrati on under sections
421 9 and 422 1 of E RIS A, sub ject to j udicia l review .
In
your second request, you ask about
an em ploye r subj ect to
the spe cial "c onstru ction ind ustry" w ithdraw al rule
in
sec ti on 4203 (b) of [* 2] ERI
80 FR 54980 — Reportable Events and Certain Other Notification Requirements PBGCFinal Rules (FR)Sep 11, 2015related by meaning
as amended by PPA and with the revised premium regulations. The final rule makes the necessary conforming revisions, as proposed.
Back to Citation
50. See 79 FR 13547 (March 11, 2014).
Back to Citation
51.
Although changes to the paperwork would not have to go through notice and comment rulemaking, they would still h…
PBGCPBGC Opinion LettersJul 8, 1996
… sion expr essed her ein i s an i nit ial
dete rmin ati on purs uant to 29 C. F.R. § 2606.1( b)(1) (1994). You
may
reque st recons ider ati on of
thi s det
erminat ion purs uant t o Subpart C of 29 C.F. R. Part 2606 (1994). This ini tial
deter minat ion
84 FR 30666 — Miscellaneous Corrections, Clarifications, and Improvements PBGCProposed Rules (FR)Proposed Jun 27, 2019related by meaning
s waived if reporting is also required under § 4043.30 and notice has been provided to PBGC for the same event under that section.
§ 4043.81
[Amended] 25. Amend § 4043.81 by removing paragraph (c).
Issued in Washington, DC by.
Gordon Hartogensis,
Director, Pension Benefit Guaranty Corporation.
Footnotes
1.
82 FR 34619…
91 FR 36100 — Technical Amendments: Special Financial Assistance PBGCProposed Rules (FR)Proposed Jun 16, 2026related by meaning
Document Headings
Document headings vary by document type but may contain
the following:
the agency or agencies that issued and signed a document
the number of the CFR title and the number of each part
the document amends, proposes to amend, or is directly
related to
the agency docket number / agency internal file numb…
PBGCProposed Rules (FR)Proposed Sep 30, 2019★ strong match
…8.
See 63 FR 57228 (October 26, 1998); 65 FR 14753 (March 17, 2000).
Back to Citation
10. IRS has previously informed PBGC “that a plan that refers to PBGC lump sum interest rates for purposes of calculating the amount of the distribution subject to Code section 417(e)(3) and that is amended before the PBGC amends its…
PBGCPBGC Opinion LettersJul 26, 1994
Pension Benefit Guaranty Corporation
94-2
July 26, 1994
RE FE RE NC E:
[*1] 400 7 Pa yment of Pre miums
400 7(a) P ayment of P remiums. D ue Da tes
400 7(b ) Pa ymen t of Pre mium s. Pen alties and Interes t
OP INI ON :
You
have requested an opinion from the Pens
ion B enefit G
uaranty Corporation ("PBG C") whether int…
88 FR 76660 — Technical Amendments: Special Financial Assistance Withdrawal Liability Condition; SECURE 2.0 Act; and Other Updates PBGCFinal Rules (FR)Nov 7, 2023related by meaning
emental payment is made, only the payment of SFA under the interim final rule is included in the phased recognition of SFA assets.
Back to Citation
7. The Taxpayer Relief Act of 1997, Public Law 105-34 (Aug. 5, 1997), increased the maximum from $3,500 to $5,000 effective for plan years beginning after August 5, 1997.
…
91 FR 40954 — Improvements to Rules on Recoupment of Benefit Overpayments PBGCProposed Rules (FR)Proposed Jul 6, 2026
01/01/1994
4.25
01/01/1994
04/01/1994
4.50
04/01/1994
05/01/1994
4.75
05/01/1994
07/01/1994
5.25
07/01/1994
08/01/1994
5.50
08/01/1994
09/01/1994
5.75 09/01/1994
11/01/1994
5.50
11/01/1994
12/01/1994
6.00
12/01/1994
01/01/1995
6.25
01/01/1995
04/01/1995
6.00
04/01/1995
05/01/1995
5.75
05/01/1995
07/01/1995
5.50
07/01/1…
PBGCProposed Rules (FR)Proposed Oct 13, 2020related by meaning
…
c. Removing “Copies of informational” and adding in its place “Informational” in paragraph (b);
d. Revising paragraphs (c) and (d); and e. Removing “paragraph (a)(2)” and adding in its place “section 552(a)(2)” in paragraph (e).
The revisions read as follows:
§ 4901.4
Information maintained in electronic reading room.…
PBGCFinal Rules (FR)Jul 8, 2022related by meaning
to provide some flexibility in the application review process to enable some errors to be corrected without plans having to file revised applications. In addition, PBGC is modifying the language of the required statement under penalty of perjury in § 4262.6(b) to make the language more precise and is modifying the lang…
PBGCFinal Rules (FR)Sep 9, 2020
…uivalents of annuity benefits.[4] It is PBGC's understanding that these plans do so because, before 1994, under section 417(e)(3) of the Code, plans were required to use PBGC's legacy interest rates to determine the minimum permissible lump sum equivalent of an annuity benefit.[5]
The Retirement Protection Act of 1994,…
PBGCFinal Rules (FR)Jun 6, 2024★ strong match
…Certain Other Notification Requirements, 78 FR 20039, 20057 (April 3, 2013) and DOL's final rule on Procedures Governing the Filing and Processing of Prohibited Transaction Exemption Applications, 89 FR 4662, 4690 (Jan. 24, 2024).
Back to Citation
36.
See,13 CFR 121.201.
Back to Citation
[FR Doc. 2024-11819 Filed 6-5…