Law & Policy
IRS releases 2026 mortality tables for defined benefit plans
IRS releases its 2026 mortality tables for lump sums and the static mortality tables for certain defined benefit plans’ minimum funding calculations.
Effective 26 Jun 2020, employers in Hong Kong with occupational retirement schemes (ORSO schemes) will face new compliance requirements under changes that passed the Legislative Council on 17 Jun 2020. The measures, which feature in the Occupational Retirement Schemes (Amendment) Bill 2019, aim to ensure that ORSO schemes meet the employment-based criterion and improve governance. Further information about the changes will be published by the Mandatory Provident Fund Schemes Authority (MPFA).