Transamerica Institute

Retirement Legislative and Administrative Guidelines

Welcome to the Legislative Ledger. TCRS regularly monitors any legislative and administrative guidelines that are under consideration that might impact the retirement planning industry. TCRS tracks the developments so that it may continue to bring awareness and up-to-date information to the small and mid-size business community. Here at the Legislative Ledger you can find the information you need to stay informed and access comprehensive summaries of the issues at hand, including annual pension plan limitations.


August 28, 2015

This release summarizes certain regulatory changes, updates, and guidance (including court decisions) published during the first half of 2015. Following is a list of the topics summarized, as well as the sections of this release containing the summaries:

  • Change to the timing requirement applicable to annual participant fee disclosures under ERISA §404(c)
  • Changes and modifications to correction options for plan errors under the Internal Revenue Services’ (“IRS’”) correction programs.
  • Re-release of proposed fiduciary regulations by the Department of Labor (“DOL”).
  • Guidance regarding hardship withdrawal and participant loan documentation.
  • Guidance regarding an on-going fiduciary duty to monitor plan investment alternatives.
  • Guidance regarding same-sex marriage.


October 23, 2014

The Internal Revenue Service announced cost-of-living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2015. Many of the limitations will change for 2015 because the increase in the cost-of-living index met the statutory thresholds that trigger their adjustment. However, other limitations will remain unchanged because the increase in the index did not meet the statutory thresholds that trigger their adjustment.

April 29, 2014