PBGC Announces No Adjustment of Civil Penalties for Inflation for 2026

The Pension Benefit Guaranty Corporation (PBGC) issued a notice informing the public that its civil monetary penalty amounts will not increase for the 2026 calendar year. PBGC is generally required by statute to amend its regulations annually to adjust for inflation the maximum civil penalty for failure to provide certain notices or other material information and for failure to provide certain multiemployer plan notices. In accordance with guidance from the Office of Management and Budget (OMB), PBGC will continue to use the 2025 civil monetary penalty levels because there will be no cost-of-living adjustment for 2026.