{"abstract":"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.","action":"Final rule.","agencies":[{"raw_name":"FARM CREDIT ADMINISTRATION","name":"Farm Credit Administration","id":154,"url":"https://www.federalregister.gov/agencies/farm-credit-administration","json_url":"https://www.federalregister.gov/api/v1/agencies/154","parent_id":null,"slug":"farm-credit-administration"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2012/10/03/2012-23726.html","cfr_references":[{"chapter":null,"citation_url":null,"part":611,"title":12},{"chapter":null,"citation_url":null,"part":612,"title":12},{"chapter":null,"citation_url":null,"part":619,"title":12},{"chapter":null,"citation_url":null,"part":620,"title":12},{"chapter":null,"citation_url":null,"part":630,"title":12}],"citation":"77 FR 60582","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"Effective Date--This regulation will be effective 30 days after publication in the Federal Register during which either or both Houses of Congress are in session. We will publish a notice of the effective date in the Federal Register.","disposition_notes":null,"docket_ids":[],"dockets":[],"document_number":"2012-23726","effective_on":null,"end_page":60602,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2012/10/03/2012-23726.xml","html_url":"https://www.federalregister.gov/documents/2012/10/03/2012-23726/compensation-retirement-programs-and-related-benefits","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2012-23726?publication_date=2012-10-03","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2012-10-03/2012-23726/mods.xml","not_received_for_publication":null,"page_length":21,"page_views":{"count":571,"last_updated":"2026-07-26 04:15:02 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2012-10-03/pdf/2012-23726.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2012-23726.pdf?1349184248","publication_date":"2012-10-03","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2012/10/03/2012-23726.txt","regulation_id_number_info":{"3052-AC41":{"issue":"201110","html_url":"https://www.federalregister.gov/regulations/3052-AC41/organization-disclosure-to-shareholders-compensation-retirement-programs-and-related-benefits","title":"Organization; Disclosure to Shareholders; Compensation, Retirement Programs, and Related Benefits","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=201110&RIN=3052-AC41&operation=OPERATION_EXPORT_XML","priority_category":"Other Significant"}},"regulation_id_numbers":["3052-AC41"],"regulations_dot_gov_info":{"supporting_documents":[],"regulatory_plan":{"html_url":"https://www.federalregister.gov/regulations/3052-AC41/organization-disclosure-to-shareholders-compensation-retirement-programs-and-related-benefits","title":"Organization; Disclosure to Shareholders; Compensation, Retirement Programs, and Related Benefits"},"comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=FCA-2012-0021","supporting_documents_count":0,"docket_id":"FCA-2012-0021","regulation_id_number":"3052-AC41","title":"Compensation, Retirement Programs, and Related Benefits","checked_regulationsdotgov_at":"2012-10-23T08:06:32Z"},"regulations_dot_gov_url":null,"significant":true,"signing_date":null,"start_page":60582,"subtype":null,"title":"Compensation, Retirement Programs, and Related Benefits","toc_doc":"Compensation, Retirement Programs, and Related Benefits","toc_subject":null,"topics":["Accounting","Agriculture","Banks, banking","Crime","Investigations","Organization and functions (Government agencies)","Reporting and recordkeeping requirements","Rural areas"],"type":"Rule","volume":77}