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Category Archives: Retirement & Compensation
New Task Force on DOL’s Proposed Regulation on Definition of Fiduciary
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DOL Posts Final 2014 ERISA Advisory Council Reports
The Department of Labor recently posted to its website the final reports from the three topics (facilitating lifetime plan participation, outsourcing employee benefit plan services, and pharmacy benefit managers (PBM) compensation and fee disclosure) the ERISA Advisory Council in 2014 studied and made recommendations for the DOL’s consideration.
ERIC Submits Amicus Brief to U.S. Supreme Court in Tibble v. Edison International
ERIC on January 23 filed an amicus brief with the U.S. Supreme Court in the Tibble v. Edison International case, together with the
PBGC Revised Request for Information Collection on De-Risking Transactions
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State of the Union Address, White House Fact Sheet and Retirement Policy
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IRS Updates Weighted Average Interest Rates, Yield Curves, and Segment Rates (Notice 2015-5)
The Internal Revenue Service (IRS) on January 15 released Notice 2015-5 providing guidance on the corporate bond monthly yield curve, the corresponding spot segment rates used under section 417(e)(3), and the 24-month average segment rates
DOL Releases Updated FAB on Annual Funding Notice Requirements under HATFA
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PBGC Posts Announcement on New Section 4062(e) Rules
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Automatic Approval of Change in Funding Method for Takeover Plans, IRS Advises
The Internal Revenue Service in Announcement 2015-3 advised that automatic approval of a change in funding method is provided with respect to a single-employer defined benefit plan under certain circumstances in which the change in method results from a change in the plan’s enrolled actuary.