PBGC Changes Reportable Event Rules for DB Plans

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Overview


In Depth


Diane Morgenthaler and Patrick Ryan wrote this bylined article describing new Pension Benefit Guaranty Corporation rules that substantially reduce the requirements for pension plan reportable events. “Given that a reportable event likely occurs sporadically rather than on a normal cycle,” the authors wrote, “pension plan administrators, sponsors and contributing employers need to diligently monitor any changes in their pension plans and related controlled group entities to avoid reportable event errors and penalties.” Read the full article.