Determination of Target Normal Cost and Funding Target for Single-Employer Defined Benefit Plans

Bottom Line

💡 Determination of Target Normal Cost and Funding Target for Single-Employer De.... Worth reviewing for potential client impact.

Summary

[Proposed Rule] This document contains proposed regulations that would modify rules in the existing regulations relating to the minimum funding requirement applicable to single-employer defined benefit pension plans. The modifications include changes to the rules relating to the determination of a plan's target normal cost and funding target and would implement certain statutory amendments that have not yet been reflected in the regulations. These proposed regulations would affect participants in, beneficiaries of, employers maintaining, and administrators of single-employer defined benefit plans.

Classification

Applies To

Affected Groups

Payroll/employment tax specialists

Related Topics