2012 JCEB Q&As Offer Nonbinding PBGC Responses on Standard Terminations, Reporting and Penalties | Practical Law
The Joint Committee on Employee Benefits (JCEB) of the American Bar Association (ABA) issued Q&As containing nonbinding responses from the Pension Benefit Guaranty Corporation (PBGC) to 38 questions. The Q&As address a range of topics, including premiums, PBGC governance, standard and distress/involuntary plan terminations, PBGC reporting and penalties, Employee Retirement Income Security Act of 1974 (ERISA) Sections 4062(e), 4063 and 4064, multiemployer plan issues and a summary of recent litigation.