What's New: Premium Payment & Correspondence Mailing Addresses, My PAA and 2016 Pension Insurance Data Book Updates

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:

Premium Payment & Correspondence Mailing Addresses: Effective immediately, the PBGC has changed their mailing addresses for premium payments and correspondence: Premium Filing Payment & Instructions (7/23/2018)

My PAA Updates: Additional functionality has been added to the “Submit a Request” Quick Link button, located near the top of the Plan Page. Practitioners have the ability to submit a Penalty RFR, Premium Refund and now any other type of actionable request or correspondence directly to the PBGC. When a request has been successfully submitted, an automatic Service Request ID will be generated and all filing team members will receive a confirmation message. In addition, the “Check Status of Request” Quick Link button has been created to track certain plan specific requests. This page includes all requests that filing team members created via the “Submit a Request” Quick Link (mentioned above) in addition to other relevant plan items which may have been created internally by the PBGC. Lastly, practitioners can only submit on-screen MyPAA filings for plan years beginning 2008 and forward; See Prior Year Instructions and Forms for reference. (7/23/2018)

2016 Pension Insurance Data Book: On July 18th, PBGC posted the second installment of the 2016 Data Tables, which includes statistics for PBGC's single-employer and multiemployer programs and for the private defined benefit pension system. This installment provides information about plan funding levels, demographics, and premiums, and multiemployer plan zone status, including, for the first time, information specific to critical and declining plans. (7/23/2018)

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