In certain cases where a PBGC-insured pension plan terminates in a distress or involuntary termination, the plan sponsors and members of their controlled groups must pay the termination premium to PBGC for three years under 29 USC 1307 and 29 CFR Part 4007, which also requires retention and production of records necessary to support premium payments. The information in this collection identifies the plan and sponsor group and lets PBGC verify premium computations. The retained records facilitate audits.
The latest form for Termination Premium expires 2023-04-30 and can be found here.
Document Name |
---|
Form and Instruction |
Supporting Statement A |
Approved without change |
Revision of a currently approved collection | 2023-02-17 | |
Approved with change |
Revision of a currently approved collection | 2020-03-13 | |
Approved without change |
No material or nonsubstantive change to a currently approved collection | 2018-07-19 | |
Approved without change |
Extension without change of a currently approved collection | 2017-01-31 | |
Approved without change |
Revision of a currently approved collection | 2013-11-18 | |
Approved without change |
Extension without change of a currently approved collection | 2010-09-07 | |
Approved without change |
New collection (Request for a new OMB Control Number) | 2007-10-22 | |
Comment filed on proposed rule |
New collection (Request for a new OMB Control Number) | 2007-02-20 |