Free Special Resources
Get Your FREE Special Report. Download Any One Of These FREE Special Resources, Instantly!
Featured Special Report
Claim Your Free Copy of Overtime Primer: Highlights from the New Regulations

The federal DOL overtime regulations go into effect this year. Are you ready?

Download Now!

This report includes a summary of key changes, including the salary level test and salary basis test.

As a bonus, we've included a handy flowchart to help you determine exemption status under the FLSA.

Download Now!
March 17, 2008
Later Effective Date for Pension Funding Regs
Employers have additional time to comply with new funding regulations included in the Pension Protection Act of 2006 (PPA), the U.S. Treasury Department and the Internal Revenue Service (IRS) recently announced in Notice 2008-21.

None of the proposed funding rules will be effective before the first plan year beginning on or after January 1, 2009, according to the Treasury. However, the agencies said that employers may rely on the regulations during 2008.

The extension was announced in an effort to have a uniform effective date for guidance under Internal Revenue Code Section 430, which was added by the PPA and addresses minimum funding requirements that apply to single employer pension plans.

For a Limited Time receive a FREE Compensation Market Analysis Report! Find out how much you should be paying to attract and retain the best applicants and employees, with customized information for your industry, location, and job. Get Your Report Now!
Featured Special Report:
Top 100 FLSA Overtime Q&As
Twitter  Facebook  Linked In
Follow Us
Copyright © 2016 Business & Legal Resources. All rights reserved. 800-727-5257
This document was published on
Document URL: