Regulacje i polityka gospodarcza · 24/11/2009

Final Regulations Outline Requirements for Pension Plan Amendments Reducing Future Benefit Accrual

The U.S. Department of Labor has released final regulations providing guidance on the application of section 204(h) notice requirements to pension plan amendments that reduce benefits accrued before a specified date, as amended by the Pension Protection Act of 2006. These regulations primarily impact pension plan sponsors, administrators, participants, and beneficiaries.