View Rule

View EO 12866 Meetings

Printer-Friendly Version     Download RIN Data in XML

---

DOL/EBSA

RIN: 1210-AB22

Publication ID: Spring 2007

Title: ●Amendment to Interpretive Bulletin 95-1
Abstract: This rulemaking implements the directive in section 625 of the Pension Protection Act of 2006, which requires the Secretary of Labor to issue, not later than one year after the date of enactment, final regulations clarifying that the selection of an annuity contract as an optional form of distribution from an individual account plan is not subject to the safest available annuity requirement under Interpretive Bulletin 95-1 and is subject to all otherwise applicable fiduciary standards.
Agency: Department of Labor(DOL)	Priority: Other Significant
RIN Status: First time published in the Unified Agenda	Agenda Stage of Rulemaking: Final Rule Stage
Major: Undetermined	Unfunded Mandates: Undetermined
CFR Citation: 29 CFR 2509.95-1
Legal Authority: PL 109-280 sec 625, Pension Protection Act of 2006    29 USC 1135    ERISA sec 505

Legal Deadline: Action Source Description Date Final  Statutory    08/18/2007

Timetable: Action Date FR Cite Interim Final Rule  07/00/2007

Regulatory Flexibility Analysis Required: Undetermined	Government Levels Affected: Undetermined
Federalism: No
Included in the Regulatory Plan: No
Related RINs: Related to 1210-AB19
Agency Contact: Janet Walters Senior Advisor Department of Labor Employee Benefits Security Administration 200 Constitution Avenue NW., FP Building, Room N-5655, Washington, DC 20210 Phone:202 693-8500 Fax:202 219-7291