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
RT 4065—ANNUAL REPORT
26. The authority citation for part 4065 continues to read as follows:
Authority:
29 U.S.C. 1302(b)(3), 1365.
§ 4065.3
[Amended] 27. Amend § 4065.3 by removing “(Approved by the Office of Management and Budget under control number 1212-0026)”.
PART 4203—EXTENSION OF SPECIAL WITHDRAWAL LIABILITY RU…
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…
PBGCPBGC Opinion LettersSep 30, 1994
Pension Benefit Guaranty Corporation
94-8
Septembe r 30, 1994
RE FE RE NC E:
[*1] 4203(b) Co mplete W ithdrawal. Building & Construction Industry Exemption
>4211( )>
>4211( )( 4)( B)>
421 9 N otice & Co llection o f W ithdraw al Liab ility
422 1 Reso lution of Disputes
>29 USC 1461 n ote >
OP INI ON :
I
wri te i n res …
PBGCPBGC Opinion LettersJul 8, 1996★ strong match
…que 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 will bec ome effective o n the 3 1st da y after the d ate of this le tter unless an agg rieved perso n req uests
reco nside ration w ithin 30 days o f the date of this letter. A ny re…
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…
PBGCPBGC Opinion LettersMay 20, 1998★ strong match
compensation,
disci pline and day-t o-day f uncti ons of employ ees who operat e the Trans it Sy stem. Contract § § I.A.1, I.A.2. a.
The
Req uest s
u ggests that the IRS's f avorable qualificat ion lett er of * * * , may support the Request because the
IR S's
letter refer s to
the Plan as a gover nmental plan. n7 Howe…
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…
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.
…
85 FR 6046 — Miscellaneous Corrections, Clarifications, and Improvements PBGCFinal Rules (FR)Feb 4, 2020related by meaning
Amend § 4043.35 by adding paragraph (b)(3) to read as follows:
§ 4043.35
Insolvency or similar settlement.
* * * * *
(b) * * *
(3)
Liquidation event. Notice under paragraph (a)(3) or (4) of this section is waived if reporting is also required under § 4043.30 and notice has been provided timely to PBGC for the same eve…
PBGCRegulationsJul 1, 2019related by meaning
[Reserved]
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,…
PBGC Op. Ltr. 2001-1 — Becau se the la nguag e of the c ited statu tes is iden tical, thi s letter h ereina fter will PBGCPBGC Opinion LettersFeb 6, 2001
… L . No. 100-203, December 22, 1987). The
provision was amended by the Retirement Protection Act of 1994 (included in the Uruguay
Round Agreements Act, Pub. L. N o. 103-465, December 8, 1994) to alter,
inter alia
, the time
when the statutory lien would a rise and the amount of the statutory lien.
Code §412(n) protects…
PBGCRegulationsJan 1, 2017related by meaning
[Reserved]
89 FR 84314 — Privacy Act Regulation; Exemption for Legal Case Management Records PBGCProposed Rules (FR)Proposed Oct 22, 2024related by meaning
]
3. Redesignate § 4902.13 as § 4902.14.
4. Add new § 4902.13 to read as follows:
§ 4902.13
Specific exemptions: Legal Case Management.
(a)
Exemption. Under the authority granted by 5 U.S.C. 552a(k)(2), PBGC hereby exempts the system of records entitled “PBGC-19, Office of Negotiations and Restructuring/Office of Gener…
PBGCRegulationsJan 1, 2017related by meaning
[Reserved]
PBGCProposed Rules (FR)Proposed Sep 30, 2019
…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]