Sessions with Government Speakers

Monday, March 11

101 - EPCRS / Overpayments

The SECURE 2.0 Act made significant changes to the Employee Plans Compliance Resolution System, and to the ability of plans to collect overpayments from participants. Panelists will discuss the changes and IRS guidance that has been issued.
Credits:
CPD Credit: 1.50
EA Core Credit: 1.50
EA Formal Credit: 1.50

102 - PBGC Multiemployer Update

Over the past year, PBGC has updated its final regulations governing the Special Financial Assistance (SFA) Program, as well as its assumptions guidance and filing instructions. The Agency also issued proposed regulations on 4044 interest rates and other assumptions. This session is an opportunity for multiemployer pension actuaries to hear directly from PBGC on the SFA program and other key topics of interest in regard to PBGC’s multiemployer insurance program. Representatives: • Discuss updated statistics about plans that have already received assistance, observations on the application process, PBGC guidance, “lessons learned” from applications received to-date, what to expect for plans that have not yet applied, changes in census data review and other changes in the last year, and information on compliance with conditions after receiving SFA, including the impact of new 4044 rules on the SFA withdrawal liability interest rate conditions; • Provide an update on the 4213 regulation on withdrawal liability interest rates, proposed in late 2022; • Review PBGC’s most recent financial position and projected funding position of the multiemployer insurance program; and • Cover other PBGC activities – including upcoming regulations, recent PBGC guidance, and newly available resources (i.e., the most recent pension insurance data tables and recent multiemployer plan-related research reports).
Credits:
CPD Credit: 1.50
EA Core Credit: 1.50
EA Formal Credit: 1.50

301 - Late Breaking Developments

Speakers discuss the latest developments in the private pension plan sector. Topics that may be covered include recently enacted and pending legislation; proposed and final regulatory guidance and other regulatory activity; recent litigation; and pending and adopted revisions to the Actuarial Standards of Practice.
Credits:
CPD Credit: 1.50
EA Core Credit: 1.50
EA Formal Credit: 1.50

302 - Special Financial Assistance - Where Are We Now?

Panelists provide an update on the special financial assistance (SFA) program for multiemployer pension plans, as provided under the American Rescue Plan Act of 2021. Practitioners and a representative from the Pension Benefit Guaranty Corporation (PBGC) discuss various topics related to SFA, including: lessons learned from plans that have been approved for SFA; funding, withdrawal liability, and notice requirements; and compliance with other conditions and restrictions.
Credits:
CPD Credit: 1.50
EA Core Credit: 1.50
EA Formal Credit: 1.50

401 - Plan Termination Lessons Learned and Looking Forward

Standard plan terminations have been on the rise over the last ten years and their prevalence is expected to continue into the near future. Plan terminations follow a very prescriptive process with timelines, notices, filings, and the eventual liability settlement. Speakers at this session review the plan termination process and discuss the considerations that need to be given as we work with clients to successfully navigate the process.
Credits:
CPD Credit: 1.50
EA Core Credit: 1.50
EA Formal Credit: 1.50

Tues., March 12

Wed., March 13

701 - 401(a)9 Regulations

The speakers discuss recent proposed or final changes to the IRC §401(a)(9) regulations to reflect the SECURE Act, SECURE 2.0, and other changes.
Credits:
CPD Credit: 1.50
EA Core Credit: 0.75
EA Non-Core Credit: 0.75
EA Formal Credit: 1.50

801 - Dialogue with the Joint Board

Representatives of the Joint Board for the Enrollment of Actuaries discuss current developments and other information relevant to Enrolled Actuaries and the profession at large. Topics may include tips to successfully prepare an application for initial enrollment, navigating an audit of continuing education, and complying with the regulations that govern Enrolled Actuaries. Attendee questions are encouraged.
Credits:
CPD Credit: 1.50
EA Core Credit: 1.50
EA Formal Credit: 1.50

901 - Single Employer Regulator Update: IRS, PBGC and Treasury

A panel of representatives from the IRS, PBGC, and Treasury Department provide updates and field your questions on a number of challenging issues. This is your chance to ask what you've always wanted to know about guidance. This session is not intended to address specific client issues.
Credits:
CPD Credit: 1.50
EA Core Credit: 1.50
EA Formal Credit: 1.50

Meetings & Education