Congress Votes to Extend Paycheck Protection Program
A proposal to extend the Paycheck Protection Program (PPP) through the end of May has passed the Senate by a vote of 92-7.
Updated Yield Curves and Segment Rates for DB Plan Calculations
The IRS has issued Notice 2021-22, which contains updated guidance on factors used in certain defined benefit pension plan minimum funding and present value calculations.
American Rescue Plan Act Provides Coronavirus Relief
President Biden has signed legislation that funds another round of assistance as the nation copes with the health and economic effects of the coronavirus pandemic.
President Signs Amended COVID-19 Relief Legislation
President Biden has signed into law the American Rescue Plan Act one day after the House of Representatives voted to pass the amended package.
House Passes Amended COVID-19 Relief Bill
Following Senate passage, the House of Representatives has passed the American Rescue Plan Act of 2021 to provide additional relief to address the continued impact of COVID-19.
House Passes COVID-19 Relief Bill
The House of Representatives has passed the American Rescue Plan Act of 2021 to provide additional relief to address the continued impact of COVID-19.
IRS Issues Updates for DB Plan Calculations
The IRS has issued Notice 2021-16, which contains updated guidance on factors used in certain defined benefit (DB) pension plan calculations.
Pandemic Relief Package Includes Benefit Provisions
Legislation proposed by the House Ways and Means Committee to provide pandemic relief includes several items that would affect retirement and health benefits.
Legislation Introduced to Aid Struggling Defined Benefit Plans
House Ways and Means Committee Chairman Richard Neal (D-MA) has introduced in the initial days of the 117th Congress the Emergency Pension Plan Relief Act (EPPRA) of 2021.
IRS Posts Updated DB Plan Yield Curves and Segment Rates
The IRS has issued updated guidance on factors used in certain defined benefit (DB) pension plan minimum funding and present value calculations.