What's New Update: My PAA & Ongoing Reminders

You are subscribed to Practitioners - What's New for Pension Benefit Guaranty Corporation (PBGC). PBGC has recently posted the following update to the What's New for Practitioners Web page:

What's New in My PAA (April 2018):

• Starting April 23, 2018, due to a recent security upgrade, ALL My PAA customers will be required to change their password using a minimum of 13 characters upon login.
• Enhanced the upload filing process to show an on-screen summary of any filing validations (if applicable) before any single XML is uploaded, giving the practitioner a chance to correct these potential filing errors before submission to PBGC.
• Improved the on-screen validations related to small plans reporting the proper UVB valuation date and associated segment rates based on the plan’s Lookback status.
• A Quick Link button has been added near the top of the Plan Page, which is displayed if the plan has been added to your My PAA account (which is highly recommended). The new Submit a Request button makes it easier to prepare and submit two types of requests: a Request for Reconsideration (of penalty) and a Request for a Premium Refund (only by the PA/PA Rep).
• Created a new soft warning during the e-signature process which triggers if the credit the PBGC has on file changes after the filing has been signed, but not yet submitted.
• Added direct web links to numerous automated My PAA emails giving practitioners the ability to easily sign-up for additional My PAA alerts.

Ongoing Reminders:

• See the top of the My PAA Login Page for any occasional outage information and helpful reminders.
• Always verify and use the most current payment addresses that are on our website for all premium filings, including filings for prior plan years. In addition, always show the EIN/PN and PYC on all payments.
• If you want to pay online via My PAA or Pay.gov, be sure that your account will allow PBGC to pull the payment.  If your account has an "ACH Debit Block", you must give the following PBGC Company ID(s) to your financial institution before you submit your payment:  1601000606 to pay via My PAA or 1601000603 to pay via Pay.gov.
• If you forget to print the check voucher while you are in My PAA, you may print a blank check voucher from our website and complete the requested data to help ensure that the check is posted promptly and accurately to the plan’s Account History (e.g., EIN/PN).
• Keep your My PAA account current. Use the password rules when you set up or change your password; update your account when there is a change to your name, email address, telephone number; and deactivate your account if it is no longer needed. Also, once per year, the system will prompt you to review your account information and make any needed updates when you login.
• Regularly review each plan's online premium account history (on the Plan Page) to see if there are any premium underpayments or overpayments to address.  
• Be aware that premium data may be prepopulated on the My PAA screens for your review (e.g., if there appear to be any available overpayments to use as premium credits) and warnings may be displayed if data appears to be incorrect or inconsistent (e.g., if the plan’s effective date is different from the previously reported date). 
• To help use My PAA effectively, review the online Demos and use the most current version of the most compatible browsers. 
• To sign up to receive "What's New" alerts, visit the What's New for Practitioners page.
• To sign up to receive monthly Filing Reminders, visit the Practitioner Filing Reminders page.
• If you have any premium-related questions, please contact our premium representatives at premiums@pbgc.gov or 1-800-736-2444 and select “2” for premiums.

Additional information for practitioners is available on our Employers & Practitioners page