Close Close
ThinkAdvisor

Regulation and Compliance > Federal Regulation > IRS

IRS Starts Implementing Pension Relief Rules

X
Your article was successfully shared with the contacts you provided.

The Internal Revenue Service has posted a pair of notices that implement provisions of the Preservation of Access to Care for Medicare Beneficiaries and Pension Relief Act (PRA) of 2010.

One notice, IRS Notice 2010-55, describes the funding rules sponsors of single-employer defined benefit pension plans can use to take longer to make up for funding shortfalls.

A second notice, IRS Notice 2010-56, describes the special PRA funding rules for multiemployer defined benefit plans.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.