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New PBGC Director Discusses Initiatives
PLANSPONSOR; free registration may be required Link to more items from this source
Oct. 21, 2015
"W. Thomas Reeder, the newly confirmed director of the [PBGC] ... [said] that the agency is very focused on multiemployer plans right now.... Aside from that, ... the PBGC is looking for ways to simplify defined benefit (DB) plan calculations. He encouraged suggestions from the [retirement plan] industry. The agency is also close to making a proposal for a missing participants program, and 'we are considering extending it to other plans,' Reeder said. 'The program will be an alternative to setting up individual retirement accounts for missing participants.' "

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