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Regulatory Issues
Provided below is information on activities of the Department of Treasury, Internal Revenue Service, Department of Labor's Employee Benefits Security Administration, Pension Benefit Guaranty Corporation, and Securities and Exchange Commission.
On November 30, 2010, IRS issued Notice 2010-77 extending the deadline for certain qualified defined benefit plan amendments. [Notice 2010-77]
On July 15, 2010, the Department of Labor issued interim final regulations under ERISA Section 408(b)(2). Interim Final Regulations
On November 10, 2009, IRS issued Announcement 2009-82 providing relief to hybrid plans with regard to amending for a market rate of return. [announcement 2009-82)