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PBGC | RIN: 1212-AB45 | Publication ID: Fall 2017 |
Title: ●Adjustment of Civil Penalties | |
Abstract:
This rulemaking is required annually to amend the Pension Benefit Guaranty Corporation's civil penalty regulations to adjust for inflation the maximum penalty provided for in sections 4071 and 4302 of the Employee Retirement Income Security Act of 1974. This action is being taken in accordance with the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.
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Agency: Pension Benefit Guaranty Corporation(PBGC) | Priority: Routine and Frequent |
RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Final Rule Stage |
Major: No | Unfunded Mandates: No |
EO 13771 Designation: Not subject to, not significant | |
CFR Citation: 29 CFR 4071 29 CFR 4302 | |
Legal Authority: 28 U.S.C. 2461 (note) The Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015, sec. 701, Pub. L. 114-74 |
Legal Deadline:
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: 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 |