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PBGC | RIN: 1212-AB22 | Publication ID: Spring 2011 |
Title: ●Commercial Airlines Plans; Pension Protection Act of 2006 | |
Abstract: This proposed rule would implement section 402(g)(2) of PPA, which applies to plans of commercial airlines that elect the 17-year funding relief under PPA and terminate within ten years of the election. For such plans, the amount of benefits guaranteed is fixed as of the first plan year to which the funding relief, with plan assets first allocated to the amount of guaranteed benefits lost due to the new rules. | |
Agency: Pension Benefit Guaranty Corporation(PBGC) | Priority: Other Significant |
RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: Not Yet Determined (To search for a specific CFR, visit the Code of Federal Regulations.) | |
Legal Authority: 29 USC 1322(h) |
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 | |
RIN Data Printed in the FR: No | |
Agency Contact: Catherine B. Klion Manager Pension Benefit Guaranty Corporation Regulatory and Policy Department, 1200 K Street NW, Washington, DC 20005 Phone:202 326-4024 TDD Phone:800 877-8339 Fax:202 326-4224 Email: klion.catherine@pbgc.gov Grace H. Kraemer Attorney, Office of the General Counsel Pension Benefit Guaranty Corporation 1200 K Street NW., Washington, DC 20005 Phone:202 326-4024 Fax:202 325-4220 Email: kraemer.grace@pbgc.gov |