PBGC's Final Regulations Include Simplified Methods for Calculating Withdrawal Liability for Employers Leaving Multiemployer Pension Plans | Practical Law
The Pension Benefit Guaranty Corporation (PBGC) released final regulations that amend the PBGC's regulations on determining the withdrawal liability and annual withdrawal liability payments of an employer withdrawing from a multiemployer pension plan. The final regulations incorporate statutory changes under the Multiemployer Pension Reform Act of 2014 (MPRA). The final regulations also provide simplified methods for calculating withdrawal liability.