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When MYPAA breaks .....


AndyH

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Lyrics for: When The Levee Breaks – By Led Zeppelin

If we keep on filin’, MYPAA’s goin' to break,

When MYPAA Breaks I'll have no place to pay.

Mean old MYPAA taught me to weep and moan,

Got what it takes to make a pension man leave his home,

Oh, well, oh, well, oh, well.

Don't it make you feel bad

When you're tryin' to file your form,

You don't know which way to file?

If you're filin’ by email,

There ain't nothing you can do;

If you ain’t filin on time,

There's DC to call or P-Jail to do.

Cryin' won't help you, prayin' won't do you no good,

Now, cryin' won't help you, prayin' won't do you no good,

When MYPAA breaks, mama, you got to move.

All last night tried MYPAA and moaned,

Thinkin' about my forms and my happy home.

Going, going to P-Jail... Going to P-Jail... Sorry but I can't take you...

Going down... going down now... going down....

In honor of MYPAA's being down the morning of 9/27/07

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It is the new online premium payment/reporting system that all plans subject to PBGC insurance (i.e. most DB plans) are now required to use in lieu of paper forms. Most are first subject to this for filings & payments due 10/15/07. I'd love to know how much it cost to build and maintain.

It is a precurser to mandatory electronic 5500 filing, but with many added complications such as account and payment components.

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