PBGC Final Regulations Expand Coverage of the Missing Participants Program | Practical Law
The Pension Benefit Guaranty Corporation (PBGC) issued final regulations that change the current missing participants program and expand its coverage to include multiemployer plans covered by Title IV of the Employee Retirement Income Security Act of 1974 (ERISA), terminated defined contribution plans (including 401(k) plans and profit sharing plans), and small professional services defined benefit plans not covered by Title IV. The final regulations also revise, simplify, and update the missing participants program.