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Text of PBGC Submission to OMB and Public Comment Request: Termination of Single-Employer Plans, Missing Participants
Pension Benefit Guaranty Corporation [PBGC]
[Official Guidance] Feb. 8, 2018 "The missing participant forms and instructions under this information collection are applicable only to plans that terminated on or before December 31, 2017.... PBGC is proposing to provide that the plan administrator of a plan terminating in a standard termination, or a distress termination that closes out in the private sector, may submit termination forms electronically (scanned and emailed or faxed), rather than by mail or personal delivery only.... [F]or distress termination filings, PBGC is proposing to include an invitation for plan sponsors to contact PBGC for a pre-filing consultation to discuss the filing process and ensure the filing of a distress termination is appropriate given the sponsor's specific circumstances." MORE >> |
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