| 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 Final Rule: On September 23, 2016, PBGC will publish a final rule amending its Premium Payments regulation (29 CFR part 4007) with respect to late premium payment penalties for plan years beginning in 2016 or later. Under the new rule, late payment penalties are reduced by 50%. In addition, for plans with good compliance histories that pay promptly after a PBGC underpayment notification, penalties are reduced even more (an 80% reduction, on top of the 50% reduction noted above). The rule applies to both single-employer and multiemployer plans. (09/22/2016) 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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