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PBGC RIN: 1212-AB45 Publication ID: Spring 2019 
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.

 
Agency: Pension Benefit Guaranty Corporation(PBGC)  Priority: Routine and Frequent 
RIN Status: Previously 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:
Action Source Description Date
Final  Statutory  Deadline is January 15 of each year  01/15/2018 
Timetable:
Action Date FR Cite
Final Rule (2018)  01/12/2018  83 FR 1555   
Final Rule (2018) Effective  01/12/2018 
Final Rule (2019)  12/28/2018  83 FR 67073   
Final Rule (2019) Effective   12/28/2018 
Final Rule (2020)  01/00/2020 
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:
Hilary Duke
Assistant General Counsel for Regulatory Affairs
Pension Benefit Guaranty Corporation
1200 K Street NW.,
Washington, DC 20005
Phone:202 326-4000
Email: duke.hilary@pbgc.gov