United States Government Publishing Office publisher pbl distributor dst United States National Archives and Records Administration Office of the Federal Register author aut Government Organization text government publication eng FR Regulatory Information 2015_register executive 2015-09-11 article Part IV Rules and Regulations D09002ee1c7f723e1 D09002ee1c7f72476 United States Pension Benefit Guaranty Corporation originator org United States Government Agency or Subagency In 2013, PBGC proposed to establish risk-based safe harbors that would exempt most companies and plans from many of its reportable events requirements and target reporting toward the minority of plan sponsors and plans presenting the most substantial risk of involuntary or distress termination. After holding a hearing on the proposal, and carefully considering the public's written and oral comments, PBGC is publishing this final rule to make the requirements of the sponsor risk-based safe harbor more flexible, make the funding level for satisfying the well-funded plan safe harbor lower and tied to the variable-rate premium, and add public company waivers for five events. The waiver structure under the final rule will further reduce unnecessary reporting requirements, while at the same time better targeting PBGC's resources to plans that pose the greatest risks to the pension insurance system. PBGC anticipates the final rule will exempt about 94 percent of plans and sponsors from many reporting requirements and result in a net reduction in reporting to PBGC. This rulemaking is a result of PBGC's regulatory review under Executive Order 13563. 80 FR 54980 https://www.govinfo.gov/app/details/FR-2015-09-11/2015-22941 2015-22941 fr11se15-17 RIN 1212-AB06 7709-02-P https://www.govinfo.gov/app/details/FR-2015-09-11/2015-22941 https://www.govinfo.gov/content/pkg/FR-2015-09-11/html/2015-22941.htm https://www.govinfo.gov/content/pkg/FR-2015-09-11/pdf/2015-22941.pdf Employee Benefit Plans Pension Insurance Reporting and Recordkeeping Requirements 31 p. 54980 55010 80 FR 54980 Title 29 Part 4000 29 CFR Part 4000 Title 29 Part 4001 29 CFR Part 4001 Title 29 Part 4043 29 CFR Part 4043 Title 29 Part 4204 29 CFR Part 4204 Title 29 Part 4206 29 CFR Part 4206 Title 29 Part 4231 29 CFR Part 4231 RIN 1212-AB06 Reportable Events and Certain Other Notification Requirements; Federal Register Vol. 80, Issue RULE 2015-22941 IV PENSION BENEFIT GUARANTY CORPORATION 2015-10-13 7709-02-P 2015-22941 Final rule.

In 2013, PBGC proposed to establish risk-based safe harbors that would exempt most companies and plans from many of its reportable events requirements and target reporting toward the minority of plan sponsors and plans presenting the most substantial risk of involuntary or distress termination. After holding a hearing on the proposal, and carefully considering the public's written and oral comments, PBGC is publishing this final rule to make the requirements of the sponsor risk-based safe harbor more flexible, make the funding level for satisfying the well-funded plan safe harbor lower and tied to the variable-rate premium, and add public company waivers for five events. The waiver structure under the final rule will further reduce unnecessary reporting requirements, while at the same time better targeting PBGC's resources to plans that pose the greatest risks to the pension insurance system. PBGC anticipates the final rule will exempt about 94 percent of plans and sponsors from many reporting requirements and result in a net reduction in reporting to PBGC. This rulemaking is a result of PBGC's regulatory review under Executive Order 13563.

Effective October 13, 2015. See Applicability in SUPPLEMENTARY INFORMATION. Daniel S. Liebman, Attorney (Liebman.Daniel@PBGC.gov), Regulatory Affairs Group, Office of the General Counsel, Pension Benefit Guaranty Corporation, 1200 K Street NW., Washington, DC 20005-4026; 202-326-4024. (TTY/TDD users may call the Federal relay service toll-free at 1-800-877-8339 and ask to be connected to 202-326-4024.) Employee Benefit Plans Pension Insurance Reporting and Recordkeeping Requirements Reportable Events and Certain Other Notification Requirements , Liebman.Daniel@PBGC.gov http://efinance.org.cn/cn/FEben/Corporate%20Default%20and%20Recovery%20Rates,1920-2010.pdf http://nysemanual.nyse.com/lcm/ http://pcaobus.org/standards/auditing/pages/au508.aspx#ps-pcaob_e65bc2e0-ad78-42d7-a99b-8c59d98b3fd3 http://www.aicpa.org/Research/Standards/AuditAttest/DownloadableDocuments/AU-C-00705.pdf http://www.aicpa.org/Research/Standards/CompilationReview/DownloadableDocuments/AR-00090.pdf http://www.gpo.gov/fdsys/pkg/FR-2012-06-13/pdf/2012-14169.pdf http://www.gpo.gov/fdsys/pkg/FR-2012-07-24/pdf/2012-17860.pdf http://www.gpo.gov/fdsys/pkg/FR-2013-06-21/pdf/2013-14790.pdf http://www.gpo.gov/fdsys/pkg/FR-2013-09-06/pdf/2013-21752.pdf http://www.gpo.gov/fdsys/pkg/FR-2014-01-08/pdf/2013-31425.pdf http://www.pbgc.gov http://www.pbgc.gov/documents/2013-DATA-BOOK-FINAL.pdf http://www.pbgc.gov/Documents/2015-Premium-Payment-Instructions.pdf http://www.pbgc.gov/Documents/4062 http://www.pbgc.gov/documents/plan-for-regulatory-review.pdf http://www.pbgc.gov/prac/reporting-and-disclosure/section-4062 http://www.pbgc.gov/res/laws-and-regulations/information-collections-under-omb-review.html http://www.pbgc.gov/res/other-guidance/dr.html http://www.pbgc.gov/res/res/stay-informed.html http://www.sec.gov/about/forms/form8-k.pdf http://www.standardandpoors.com/ratings/articles/en/us/?articleType=HTML&assetID=1245302234800 http://www.standardandpoors.com/ratings/articles/en/us/?articleType=HTML&assetID=1245329097686 http://www.standardandpoors.com/spf/general/RatingsDirect_Commentary_979212_06_22_2012_12_42_54.pdf http://www.standardandpoors.com/spf/upload/Ratings_EMEA/2012-03-23_2011AnnualUSCorpDefaultStudy.pdf https://www.dnb.com/product/FSS/FAQsv7.1.pdf Vol. 80, no. 176 Office of the Federal Register, National Archives and Records Administration 2015-09-11 continuing daily deposited born digital 319 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 https://www.govinfo.gov/app/details/FR-2015-09-11 P0b002ee18d825127 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr11se15 https://www.govinfo.gov/app/details/FR-2015-09-11 https://www.govinfo.gov/content/pkg/FR-2015-09-11/pdf/FR-2015-09-11.pdf https://www.govinfo.gov/content/pkg/FR-2015-09-11/xml/FR-2015-09-11.xml fdlp 54701 55013 DGPO 2015-09-11 2024-06-02 FR-2015-09-11 machine generated eng FR FR-2015-09-11 80 176