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Regulatory Updates

PBGC Issues Proposed Rule on Technical Amendments to SFA Regulation; Comments Due August 17

Published June 15, 2026

The Pension Benefit Guaranty Corporation (PBGC) issued a proposed rule making technical corrections, clarifications, updates, and improvements to the restrictions and conditions in its regulation on special financial assistance. 

The changes would clarify:
  • The permissibility of investing special financial assistance in certain securities and 
  • The condition requiring PBGC approval for settling withdrawal liability claims. 
The amendments also would repeal a provision that enabled plans that received special financial assistance to request the reallocation of employer contributions to pay for health benefit costs.

Comments are due August 17, 2026.