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PBGC

RIN: 1212-AA98

Publication ID: Fall 2007

Title: Payment of Benefits in PBGC-Trusteed Plans; Pension Protection Act of 2006
Abstract: When PBGC assumes trusteeship of a terminated pension plan, it pays benefits to participants pursuant to plan provisions and title IV of ERISA. This proposed rule will implement provisions of the Pension Protection Act of 2006 that make changes in how PBGC pays benefits, particularly with regard to the determination of guarantee limits. PBGC is also exploring ways to improve its benefit payments rules, by filling in gaps in the rules, clarifying matters that have been handled on a case-by-case basis in the past, and otherwise addressing issues relating to the determination of guarantee limits and the time, form, and manner of payment.
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 4022 29 CFR 4044
Legal Authority: 29 USC 1302(b)(3) 29 USC 1322 29 USC 1344

Legal Deadline: None

Timetable:

Action	Date	FR Cite
NPRM	04/00/2008
NPRM Comment Period End	06/00/2008

Regulatory Flexibility Analysis Required: No	Government Levels Affected: None
Federalism: No
Included in the Regulatory Plan: No
RIN Information URL: www.pbgc.gov/regs	Public Comment URL: www.pbgc.gov/regs
RIN Data Printed in the FR: No
Agency Contact: Catherine B. Klion Assistant General Counsel for Regulatory Affairs, Office of the General Counsel Pension Benefit Guaranty Corporation 1200 K Street NW., Washington, DC 20005-4026 Phone:202 326-4024 TDD Phone:800 877-8339 Fax:202 326-4220 Email: klion.catherine@pbgc.gov