"Pension plan balance sheets improved in 2022 despite market fluctuations. Now corporate plan sponsors have to consider their funding strategy for the year ahead."

"This notice provides guidance on the corporate bond monthly yield curve, the corresponding spot segment rates ... and the 24-month average segment rates ... [as well as] the interest rate on 30-year Treasury securities ... as in effect for plan years beginning before 2008 and the 30-year Treasury weighted average rate[.]"

11 pages. "[1] Locate line where estimated 2023 household income & household size intersect. [2] First column shows household percentage of Federal Poverty Line. [3] Second column shows percent of household income required as contribution towards purchase of second lowest cost Silver coverage in Marketplace. [4] 'CSR AV' column shows resulting Actuarial Value after Cost Sharing Reductions applied. [5] 'Monthly contribution' = contribution percent x household income, divided by 12."

"This notice provides guidance on the corporate bond monthly yield curve, the corresponding spot segment rates ... and the 24-month average segment rates ... [as well as] the interest rate on 30-year Treasury securities ... as in effect for plan years beginning before 2008 and the 30-year Treasury weighted average rate[.]"

"The final rule, which was issued in July 2022, changed the method used to compute SFA, including the assumed rate of return. It also changed the type of assets in which pension plans may invest SFA, which changes the expected rate of return and risk profile of those investments. CBO anticipates that the changes in the final rule will increase the total amount of SFA that plans will receive. The agency estimates that the amount of assistance will total $90.4 billion over the 2022-2032 period, which is $4.5 billion, or 5 percent, more than the $85.9 billion estimated in CBO's May 2022 baseline budgetary projections, which were based on expectations consistent with the July 2021 interim final rule."

"This notice provides guidance on the corporate bond monthly yield curve, the corresponding spot segment rates ... and the 24-month average segment rates ... [as well as] the interest rate on 30-year Treasury securities ... as in effect for plan years beginning before 2008 and the 30-year Treasury weighted average rate[.]"

"The American Rescue Plan Act of 2021 created funding relief for single-employer defined benefit pension funds by extending the amortization period for shortfalls and stabilizing the interest rates used to calculate their funded level."

"This notice provides guidance on the corporate bond monthly yield curve, the corresponding spot segment rates ... and the 24-month average segment rates ... [as well as] the interest rate on 30-year Treasury securities ... as in effect for plan years beginning before 2008 and the 30-year Treasury weighted average rate[.]"

"This notice provides guidance on the corporate bond monthly yield curve, the corresponding spot segment rates ... and the 24-month average segment rates ... [as well as] the interest rate on 30-year Treasury securities ... as in effect for plan years beginning before 2008 and the 30-year Treasury weighted average rate[.]"

"Forcing taxpayers with losses in their own retirement plans to selectively bailout severely mismanaged union plans is bad enough. But the [PBGC] rule finalized changing the statutory interest rate to increase the taxpayer funds plans receive is completely without statutory authority."

"The Final Rule contains a number of significant developments and amendments from the interim final rule, including for example, expanding investment options for SFA assets, providing for separate interest rate assumptions for SFA versus non-SFA assets, loosening restrictions for benefit increases, and adding a new condition for phased recognition of SFA assets in calculating withdrawal liability. The Final Rule becomes effective on August 8, 2022."

"While the final regulations are a step in the right direction, they may still leave many plans receiving assistance insolvent by 2052. Plans that suspended benefits under the Multiemployer Pension Reform Act of 2014 (MPRA) will be able to restore suspended benefits and remain solvent."

"[IRS Notice 2022-31] updates (but doesn't revoke) Notice 2020-60 to reflect [ARPA] ... [S]ome previously ineligible sponsors can now elect the relief, while some sponsors already relying on the relief are now ineligible. Revised election content requirements also may mean some sponsors that made elections on or after March 11, 2021, will need to prepare new elections."

10 pages. "In light of the changes to section 430(m) made by the ARP, this notice modifies the guidance provided in Notice 2020-60.... Definition of a community newspaper plan ... Definition of eligible newspaper plan sponsor and applicability of election to controlled group members ... Renumbering of paragraphs of section 430(m) ... Manner and content of election ... Extension of time to make retroactive section 430(m) elections and associated funding balance elections ... Plan sponsors that applied the pre-ARP provisions of Section 430(m)."

"This notice provides guidance on the corporate bond monthly yield curve, the corresponding spot segment rates ... and the 24-month average segment rates ... [as well as] the interest rate on 30-year Treasury securities ... as in effect for plan years beginning before 2008 and the 30-year Treasury weighted average rate[.]"

"Hospital spending would decline by $3.8 billion. Prescription drug spending would decline by $3.4 billion. Spending on services provided outside of hospitals and physician offices would decline by $2.8 billion. Spending on physician practice services would decline by $1.3 billion. Florida, Georgia, North Carolina, South Carolina, and Texas would experience the largest decline in total healthcare spending, ranging from 1.3% to 1.9%."

"This notice provides guidance on the corporate bond monthly yield curve, the corresponding spot segment rates ... and the 24-month average segment rates ... [as well as] the interest rate on 30-year Treasury securities ... as in effect for plan years beginning before 2008 and the 30-year Treasury weighted average rate[.]"

"This notice provides guidance on the corporate bond monthly yield curve, the corresponding spot segment rates ... and the 24-month average segment rates ... [as well as] the interest rate on 30-year Treasury securities ... as in effect for plan years beginning before 2008 and the 30-year Treasury weighted average rate[.]"

"This notice provides guidance on the corporate bond monthly yield curve, the corresponding spot segment rates ... and the 24-month average segment rates ... [as well as] the interest rate on 30-year Treasury securities ... as in effect for plan years beginning before 2008 and the 30-year Treasury weighted average rate[.]"

"The [latest update from the] PBGC Special Financial Assistance program ... showed one of the plans that previously filed and withdrew [has reapplied] -- Local Union No. 466 Painters, Decorators and Paperhangers Pension Plan out of Menands, NY which also recently filed a new 5500."

[FS-2022-15. March 2022 restatement; 49 pages.] "These FAQs additions are as follows:

• New -- Tax Credits for Paid Leave Under the American Rescue Plan Act of 2021 [for Leave After March 31, 2021]: Special Issues for Employers -- Other Issues: Q98a
• New -- Tax Credits for Paid Leave Under the American Rescue Plan Act of 2021 [for Leave After March 31, 2021]: Specific Provisions Related to Self-Employed Individuals: Q116a"

[FS-2022-16. March 2022 restatement, 42 pages.] "These FAQs additions are as follows:

• New -- Tax Credits for Paid Leave Under the [FFCRA] for Leave Prior to April 1, 2021: Special Issues for Employers: Other Issues: Q54g
• New -- Tax Credits for Paid Leave Under the [FFCRA] for Leave Prior to April 1, 2021: Specific Provisions Related to Self-Employed Individuals: Q65c"

"This notice provides guidance on the corporate bond monthly yield curve, the corresponding spot segment rates ... and the 24-month average segment rates ... [as well as] the interest rate on 30-year Treasury securities ... as in effect for plan years beginning before 2008 and the 30-year Treasury weighted average rate[.]"

"[PBGC] has approved the application submitted to the Special Financial Assistance (SFA) Program by the Local 408 International Brotherhood of Teamsters, Chauffeurs, Warehousemen and Helpers of America Pension Plan.... The Local 408 Plan became insolvent in September 2021.... PBGC's approval of the SFA application enables the plan to restore all benefit reductions caused by the plan's insolvency and to make payments to retirees to cover prior benefit reductions.... The plan will receive $100.5 million in SFA[.]"

"The plan should receive its SFA lump sum payment by March 20 ... Retirees who had their benefits cut should begin getting repaid as early as three months after the PBGC makes the SFA payment to the plan. Over 90 percent of the plan's retirees have been receiving reduced benefits since the plan became insolvent. Forty-four percent of the Local 707 retirees saw their benefits reduced by more than 50 percent."