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PBGC Issues Proposed Regs on Assessment of and Relief From Penalties (Full Text)
Pension Benefit Guaranty Corporation [PBGC]
[Official Guidance] Jan. 12, 2001
Excerpt: For the convenience of the public, the PBGC is now proposing to codify in its regulations an expanded version of the remaining penalty policy statements. Among other things, this expanded version of the PBGC's penalty policies would explain in general terms the meaning of 'reasonable cause' for penalty waivers and the guidelines for assessing penalties under ERISA section 4071.
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