federal_register: 2012-23726

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document_number title type abstract publication_date pub_year pub_month html_url pdf_url agency_names agency_ids excerpts regulation_id_numbers
2012-23726 Compensation, Retirement Programs, and Related Benefits Rule The Farm Credit Administration (FCA, us, we, or our) amends our regulations for Farm Credit System (System) banks and associations to require disclosure of pension benefit and supplemental retirement plans and a discussion of the link between senior officer compensation and performance. Also, we are amending our regulations to require timely reporting of significant or material events that occur at System institutions between annual reporting periods. We believe these requirements will promote transparency of and consistency in disclosures and ensure timely reporting to shareholders. In addition, the final rule establishes minimum responsibilities that a compensation committee must perform. Further, the final rule requires that System banks and associations provide for a non-binding, advisory vote on senior officer compensation by shareholders. Also, the final rule bifurcates existing annual reporting requirements at Sec. 620.5 and makes other technical changes. 2012-10-03 2012 10 https://www.federalregister.gov/documents/2012/10/03/2012-23726/compensation-retirement-programs-and-related-benefits https://www.govinfo.gov/content/pkg/FR-2012-10-03/pdf/2012-23726.pdf Farm Credit Administration 154 The Farm Credit Administration (FCA, us, we, or our) amends our regulations for Farm Credit System (System) banks and associations to require disclosure of pension benefit and supplemental retirement plans and a discussion of the link between senior... 3052-AC41

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