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Benefit Plan Sponsors Federal Pilot Programs

Brooks Pierce

IRS Announces New Pilot Program to Allow Plan Sponsors to Fix Retirement Plan Errors Before Audit

Brooks Pierce on

On June 3, 2022, the IRS announced the launch of a new pilot program designed to streamline the retirement plan audit process and encourage employers to self-correct compliance issues with their plans. Beginning immediately,...more

Proskauer - Employee Benefits & Executive...

New PBGC-Plan Sponsor Pilot Mediation Project for Early Warning Program and Termination Liability Cases

The Pension Benefit Guaranty Corporation (the “PBGC”) launched a new Pilot Mediation Project to facilitate negotiations with (i) plan sponsors involved in corporate transactions under the purview of the PBGC’s Early Warning...more

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