Government Affairs
The Pension Benefit Guaranty Corporation (PBGC) has announced that it has updated most of the forms, instructions and modules of its e-filing portal that are affected by the Miscellaneous Corrections, Clarifications, and Improvements Final Rule. The Office of Management and Budget (OMB) has approved them and they are now available for use.
The updated materials include:
The updated materials include:
- Reportable Events. Forms 10 and 10-Advance and related instructions and the corresponding part of PBGC’s e-filing portal, all of which are accessible from PBGC’s Reportable Events and Large Unpaid Contributions.
- Financial and Actuarial Information Reporting (4010 Filings). The 4010 module of PBGC’s e-filing portal and the summary of 4010 filing requirements (i.e., the illustrative form, instructions and screen shots), all of which are accessible from PBGC’s 4010 Filings webpage.
- Premiums. The 2020 Comprehensive Premium Filing Instructions (Note: My Plan Administrative Account (MyPAA) is now ready to accept electronic premium filings for plan years beginning in 2020).
The PBGC on Feb. 4 issued a final rule that makes technical corrections, clarifications and improvements to a variety of its regulations.
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