Policy on Premium Changes Based on Recharacterization of Contributions

Thursday, December 22nd, 2011 | administrator

The PBGC releases a policy statement on accepting and responding to amended premium filings based on recharacterizations of contributions.

Document Excerpt

This policy statement addresses PBGC’s policy on accepting and responding to amended premium filings based on recharacterization of contributions. Recharacterization of contributions refers to a situation in which contributions originally designated as being for the plan year in which they were made are retroactively redesignated as being for the preceding plan year.

 

Link http://www.gpo.gov/fdsys/pkg/FR-2011-12-22/pdf/2011-32804.pdf

About Us

Benefits Forward is a news site for professionals in the field of employee benefits. Our goal is to provide the latest information about the benefits field and to host a community discussion regarding related issues.

Seminars, Conferences & Other Events

  • Sorry, there are no articles in this category.

Need Help Correcting Plan Errors?

Contact us for either consultation on how you can Self Correct or to propose cost effective correction methods using VCP. Or contact us to submit under VCP on your behalf or on behalf of your client. Contact us by email.