By Pension and Benefits Editorial Staff
The Pension Benefit Guaranty Corporation (PBGC) has announced the establishment of a new guidance document database. The PBGC states that the database will be publicly available no later than February 28, 2020.
The PBGC set up the database based on the October 9, 2019 Executive Order issued by the President, Executive Order (EO) 13891, “Promoting the Rule of Law Through Improved Agency Guidance Documents.” Pursuant to the EO, the American public should only be subject to binding rules imposed through duly enacted statutes or through regulations that are lawfully promulgated, and Americans should have fair notice of any such obligations. To ensure increasing transparency, each agency is required to establish on its website a single, searchable, indexed database that contains, or links to, all of the agency’s “guidance documents,” as defined in the EO, and provides certain information about them. Thus, the PBGC has established the required guidance document database at www.pbgc.gov/guidance. The guidance document database contains links to PBGC “guidance documents.”
Source: 85 FR 12023.
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