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PBGC | RIN: 1212-AB10 | Publication ID: Spring 2007 |
Title: Premium Rates; Payment of Premiums; Flat Premium Rates, Variable Rate Premium Cap, and Termination Premium; Deficit Reduction Act of 2005; Pension Protection Act of 2006 | |
Abstract: The PBGC is amending its regulations on Premium Rates and Payment of Premiums to implement certain provisions of the Deficit Reduction Act of 2005 and the Pension Protection Act of 2006 that are effective beginning in 2006 or 2007. The provisions that would be implemented by this rule change the flat premium rate, cap the variable-rate premium in some cases, and create a new "termination premium" that is payable in connection with certain distress and involuntary plan terminations. | |
Agency: Pension Benefit Guaranty Corporation(PBGC) | Priority: Other Significant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: 29 CFR 4006 29 CFR 4007 | |
Legal Authority: 29 USC 1302, 1303, 1306, 1307 sec 8101, PL 109-171 sec 401, PL 109-280 sec 402, PL 109-280 |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: No | |
Agency Contact: Deborah C. Murphy Assistant General Counsel Pension Benefit Guaranty Corporation 1200 K Street NW., Washington, DC 20005-4026 Phone:202 326-4400 Email: murphy.deborah@pbgc.gov |