Reportable Event Notice

[J2D2]

Don't know why, but I had it in my mind that the PBGC was required to respond within 60 days to a notice of reportable event. Of course, I now cannot find any reference to such a requirement and, in fact, have not run across anything that places any duty on the PBGC to respond.

Any practical experience with when and how the PBGC responds to reportable event notices? Is anyone aware of any requirement that the PBGC respond within a specific time frame to such a notice?

Thanks!

[Effen]

The few that we have filed, sometimes we get a phone call, sometimes not. Consider it "no news is good news".

What kind of response were you expecting?

[J2D2]

Thanks, Effen. For some reason, my addled mind thought that PBGC would respond with something like "Thanks for the notice, we're taking no action at this time" or "We need additional information to determine what action, if any, we will take" or "We're coming in to terminate the plan."