717 Monthly Payment Election Form

Locating and Paying Participants

717

Locating and Paying Participants

OMB: 1212-0055

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Monthly Payment Election Form


PBGC Form 717

Approved OMB 1212-0055

Expires 08/31/08


Pension Benefit Guaranty Corporation.
P.O. Box 151750 Alexandria Virginia 22315-1750

For assistance, call 1-800-400-7242



Plan Name: «PrismCase.CaseTitle»


Plan Number: «PrismCase.CaseIdNmbr»

Participant Name: «PrismCust.FullName»


DOPT: «PrismCase.DOPT»

Applicant Name / SSN:


Date Printed: 02/06/2021





INSTRUCTIONS: Use this form to tell PBGC you want to receive a monthly, rather than annual, payment. If you want to keep receiving annual payments, do not return this form.


1. About your benefit


Annual payments - While most people receive annuity benefits monthly, PBGC makes annual payments to anyone who would receive $50 or less each month. Each year, we pay the full amount in the first month you should start receiving payments. So, if your monthly benefit is $20 a month, you will receive $240, which covers all your payments for the next 12 months.


Monthly payments - If you are entitled to receive annual payments but want monthly payments instead, complete this form provided your monthly payment is $20 or more. You will start receiving your monthly payments a year after you received your last annual payment. For example, if your last annual payment was in June, you would receive your first monthly payment the following June.


2. Annuity election


My monthly payment amount is $20 or more. I want this payment each month, not all at once each year.



payee's signature



date

























SIGN & DATE BEFORE SUBMITTING. THANK YOU.



File Typeapplication/msword
File TitleGeneral Information Form_PBGC Form XXX
AuthorIOD
Last Modified ByPBGC User
File Modified2006-12-04
File Created2006-12-04

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