Pre PPA Funding Notices

[Effen]

Are the old Pre-PPA Funding Notices (RPA CL / Assets) required for the 2007 plan year or, since PPA changed the requirements do we have a one year exeption as long as we report the 2007 funded percentage on the 2008 notice.

Does this site apply?

Effective date. This provision generally applies to plan years beginning after December 31, 2007. However, the repeal of the ERISA Sec. 4011 notice to participants of funding status applies to plan years beginning after December 31, 2006 (Act Sec. 501(d)(1) of the Pension Protection Act of 2006). A special transition rule applies to the ERISA Sec. 101(f) requirements to report a plan's funding target attainment percentage or funded percentage. For any plan year beginning before January 1, 2008, this reporting requirement will be treated as met if the plan reports (1) for plan years beginning in 2006, the plan's funded current liability percentage for that plan year, and (2) for plan years beginning in 2007, the funding target attainment percentage or funded percentage determined using methods of estimation provided by the Secretary of the Treasury (Act Sec. 501(d)(2) of the Pension Act).

[Effen]

I think my reference was meaningless to my question.

From what I can tell, the "old" notice is still required for 2007 plan years, but I would be interested if anyone thinks differently.

[Guest ERISAk]

I think my reference was meaningless to my question.

From what I can tell, the "old" notice is still required for 2007 plan years, but I would be interested if anyone thinks differently.

Did you ever receive an answer to your question? I would be interested in the answer.

[Effen]

none other than my own. We are issuing the "old" notice for the 2007 plan year (issued during 2008).