Compass
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Bates & Company, Inc.
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AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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Loan & Distribution Specialist AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Text of PBGC Disaster Relief Announcement 16-10 in Response to Severe Storms and Flooding in Louisiana
Pension Benefit Guaranty Corporation [PBGC] [Official Guidance] Aug. 17, 2016 "If the plan administrator of a plan is a Designated Person, PBGC will, for purposes of assessing any late payment or late information penalty, treat as timely any premium filing required to be made for the plan beginning on or after August 11, 2016, and on or before January 17, 2017, if the filing is made by January 17, 2017. Thus, for any such filing, PBGC will waive the applicable penalty, but not the applicable interest charge.... If the plan administrator of a plan that is terminating in a standard termination is a Designated Person, any of the following plan termination deadlines for the plan that fall on or after August 11, 2016, and on or before January 17, 2017, are extended to January 17, 2017[.]" |
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