OMB Greenlights Pension Guaranty Corporation's Data Collections
Published Date: 1/21/2025
Notice
Summary
The Office of Management and Budget just gave the green light to some paperwork collections from the Pension Benefit Guaranty Corporation. This means certain forms and info requests are officially approved, with clear deadlines on when they expire. If you’re involved with pensions, keep an eye on these updates to stay on track and avoid surprises.
No Economic Impacts Identified for this Document
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Related Federal Register Documents
2026-09334 — No Adjustment of Civil Penalties for Inflation
Good news for plan sponsors and employers: the fines for missing important pension notices won’t go up in 2026. The Pension Benefit Guaranty Corporation is keeping penalty amounts the same as 2025 because there’s no inflation increase this year. So, if you owe a penalty, it’ll max out at $2,739 or $365 depending on the rule—no surprise hikes!
2026-07832 — Submission of Information Collections for OMB Review; Comment Request; Multiemployer Plan Regulations
The Pension Benefit Guaranty Corporation (PBGC) is asking to keep their paperwork rules for multiemployer pension plans the same and wants your thoughts by May 22, 2026. This affects employers and workers involved in these pension plans, helping keep things clear without adding new costs or deadlines. It’s all about making sure the info collected stays useful and easy to handle.
2026-06556 — Allocation of Assets in Single-Employer Plans; Interest Assumptions for Valuing Benefits
Starting April 30, 2026, the Pension Benefit Guaranty Corporation (PBGC) updates how it calculates interest rates for valuing benefits in single-employer pension plans that are ending. This change affects plan sponsors and employers by adjusting the numbers used to figure out what’s owed, helping keep things fair and accurate. If you’re involved with these plans, watch for these new rules between April and July 2026—they could impact money calculations and deadlines.
2026-05260 — Proposed Submission of Information Collection for OMB Review; Comment Request; Direct Express Enrollment Form
The Pension Benefit Guaranty Corporation (PBGC) wants to start collecting info to help people sign up for the Direct Express debit card. This new form will make enrollment easier and more organized. If you’re affected, you can share your thoughts by May 18, 2026—no cost or hassle expected!
2026-04182 — Proposed Submission of Information Collections for OMB Review; Comment Request; Liability for Termination of Single-Employer Plans
The Pension Benefit Guaranty Corporation (PBGC) wants to keep collecting info about who’s responsible when single-employer pension plans end. This affects companies with these plans and helps make sure everyone knows their duties. If you have thoughts, send them by May 4, 2026—no cost changes, just paperwork updates!
2026-03800 — Submission of Information Collection for OMB Review; Comment Request; Annual Reporting (Form 5500 Series)
The Pension Benefit Guaranty Corporation (PBGC) wants to keep collecting annual reports from pension plans using Form 5500. This means businesses and plan managers need to keep filing their yearly info, with no big changes or new costs. If you want to share your thoughts, make sure to comment by March 30, 2026!
Previous / Next Documents
Previous: 2025-01359 — Agency Information Collection Activities; Submission for OMB Review; Comment Request; Internal Revenue Service (IRS) Information Collection Request
The IRS is asking for approval to keep collecting some paperwork from taxpayers and businesses. If you fill out IRS forms, this might affect you, but no big changes or extra costs are expected. The government wants your feedback before moving forward, so now’s the time to speak up!
Next: 2025-01363 — ETF Opportunities Trust and Brookmont Capital Management, LLC
ETF Opportunities Trust and Brookmont Capital Management want to change how they handle agreements with their subadvisors without needing shareholder approval. They’re also asking to skip some usual fee disclosure rules. If you want to speak up, you have until February 10, 2025, to request a hearing.