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ERIC Urges Solution for PBGC 'Box Check' Issue (PDF)
The ERISA Industry Committee [ERIC]
[Opinion] May 24, 2010 "We understand that PBGC has recently informed hundreds of plan administrators that they failed to correctly elect the alternative premium funding target in their 2009 PBGC comprehensive premium filing. In addition, plan administrators who believed they had correctly elected the alternative premium funding target for 2008 are only now being informed of the same alleged error in the filing for that year. In many cases this belated notification led to what the PBGC views as errors in 2009 filings that could have been avoided had those affected been timely informed of the 2008 errors." MORE >> |
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