Regulation & law · 13/12/2013

Pension Benefit Guaranty Corporation Final Rule Affects Terminated Single-Employer Plans and Asset Allocation

The Pension Benefit Guaranty Corporation has issued a final rule updating interest assumptions for valuing and paying benefits in terminated single-employer plans, effective January 2014, and asset allocation regulations, effective first quarter 2014, to ensure accurate valuation and payment of benefits under the pension insurance system.