| You are subscribed to Practitioners - What's New for Pension Benefit Guaranty Corporation (PBGC). PBGC has recently posted the following update to the What's New for Practitioners Web page: Premium Penalty Relief Proposed Rule: On April 28, 2016, PBGC will publish a proposal to amend its Premium Payments regulation (29 CFR part 4007). Under the proposal, late payment penalties would be reduced by 50%. In addition, for plans with good compliance histories that pay promptly after a PBGC underpayment notification, penalties would be reduced even more (an 80% reduction, on top of the 50% reduction noted above). The proposal applies to both single-employer and multiemployer plans. The proposed rule is available for public inspection. Comments on the proposed rule are due June 27, 2016. (04/27/2016) Additional information for practitioners is available on our Practitioners webpage.
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Top new questions this week: Can I delete old hook_update_N functions? Suppose you have a custom module, and you have hook_update_N() implementations in your .install file. If you have old update functions, and all updates have run in all sites that the module is ... node-update hook-update-n asked by AyeshK ...
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