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PBGC Update: Standard and distress terminations and missing participants forms and instructions

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:

Standard and distress terminations and missing participants forms and instructions: OMB has approved revisions to the standard and distress termination forms and instructions. The new forms and instructions can be found on the Plan Terminations page of PBGC's website. Under the revisions, a plan administrator of a plan terminating in a standard termination (or a distress termination that closes out in the private sector) must submit with the post-distribution certification the most recent plan document and proof of benefit distributions for lump sums paid and annuities purchased. Plan administrators must provide this information with any post-distribution certification filed on or after March 1, 2015. Filers may contact standard@pbgc.gov or distress@pbgc.gov for more information. (1/29/15)

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