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DOL/EBSA RIN: 1210-AB20 Publication ID: Spring 2020 
Title: Pension Benefit Statements- -Disclosure Regarding Lifetime Income, SECURE Act 

Section 105 of the Employee Retirement Income Security Act (ERISA) requires plans that are subject to ERISA to automatically provide participants and certain beneficiaries with individual pension benefit statements. Generally, defined benefit plans must provide the statement every three years, with an annual alternative. Individual account plans that permit participant direction must provide the statement quarterly, and individual account plans that do not permit participant direction of investments must provide the statement annually. Section 203 of the Setting Every Community Up for Retirement Enhancement Act of 2019 amended section 105 of ERISA to add a lifetime income illustration to pension benefit statements furnished to participants in certain defined contribution plans.

Agency: Department of Labor(DOL)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
EO 13771 Designation: Fully or Partially Exempt 
CFR Citation: 29 CFR 2520   
Legal Authority: 29 U.S.C. 1025    Pub. L. 109-280, sec. 508, Pension Protection Act of 2006    29 U.S.C. 1135    Pub. L. 116-94. sec. 203, Setting Every Community Up for Retirement Enhancement Act of 2019   
Legal Deadline:
Action Source Description Date
Final  Statutory  Interim Final Rule  12/19/2020 
Action Date FR Cite
ANPRM  05/08/2013  78 FR 26727   
ANPRM Comment Period End  07/08/2013 
ANPRM Comment Period Extended  07/15/2013  78 FR 42027   
ANPRM Comment Period Extended End  08/07/2013 
Interim Final Rule  12/00/2020 
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:
Jeffrey J. Turner
Deputy Director, Office of Regulations and Interpretations
Department of Labor
Employee Benefits Security Administration
Room N5669, 200 Constitution Avenue NW, FP Building, Room N-5655,
Washington, DC 20210
Phone:202 693-8500