Get more! Sign up for PLANSPONSOR newsletters.
Compliance December 17, 2015
PBGC Premium Filing Instructions Available
The agency will post a notice about what's new for practitioners in January.
Reported by
Rebecca Moore
The 2016 Pension Benefit Guaranty Corporation (PBGC) Comprehensive Premium Filing Instructions (including the illustrative form) have been approved by the Office of Management and Budget (OMB) and are now available on PBGC’s website.
The instructions include information about what’s new, who must file, when and how to file, as well as helpful instructions for how to fill out the form.
The agency expects that the My Plan Administration Account (My PAA) system to electronically submit pension plan premium filings and payments will be ready to accept 2016 filings in January, and will post a notice about what’s new for practitioners at that time.
You Might Also Like:
PBGC Launches Amicus Brief Program Seeking Plan Sponsor Involvement
The Pension Benefit Guaranty Corporation is following recent efforts from other retirement regulators that have increasingly weighed in on litigation...
PBGC Revives Dormant Guidance Program After Decades-Long Hiatus
The agency is expected to release comment letters for the first time since 2002.
Why Data Integrity Matters for Plan Sponsors
Berwyn Group CEO John Bikus shares the risks that can arise from incomplete records and suggests best practices to avoid...