MYPPA and Short Plan Year

[Andy the Actuary]

Client has an 8/1 -7/31 Plan Year. In October, I got them the PBGC premium payment forms (their auditor reviews). This means I entered the Plan on MYPPA. Now, the client wants to change the Plan Year to a calendar year effective 1/1/2011, so that we have a short plan year 8/1/2010-12/31/2010. I can change the Plan Year ending date on MYPPA but I find no where to prorate the premium by 5/12 and the pro-ration does not appear to apply automatically.

Has anyone been through this that can offer some advice before I spend the better part of my life expectancy trying to resolve this with the PBGC?

[WDIK]

There should be a box to check for proration just before the plan size information. Then there is an entry for the number of months in the short plan year after the flat and variable rate premium calculations. (Positioning of these entry items is estimated.)

[Andy the Actuary]

Thank you. I made the egregious error of looking in the User's Manual and was unsuccessful. Bless you.

a.t.a.