PBGC Requires Electronic Filing of Premiums

Under final rules issued by the Pension Benefit Guaranty Corporation (PBGC), large defined benefit plans (those with 500 or more participants during the prior plan year), making premium filings on or after July 1, 2006, are required to file the premiums electronically. Smaller plans will be required to file premiums electronically for plan years beginning after 2006. Plans may apply for exemptions on a case-by-case basis. Filings may be submitted through the PBGC's online e-filing application (“My Plan Administration Account,'' or “My PAA'”).

A link to the final filing rules follows.

My PAA

http://www.pbgc.gov/practitioners/premium-filings/content/page13265.html