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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 29 - Labor |
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Subtitle B - Regulations Relating to Labor |
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Chapter XL - Pension Benefit Guaranty Corporation |
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SubChapter A - General |
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Part 4000 - Filing, Issuance, Computation of Time, and Record Retention |
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Subpart C - Determining Filing and Issuance Dates |
§ 4000.31 - Is my issuance untimely if I miss a few participants or beneficiaries?
Latest version.
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§ 4000.31 Is my issuance untimely if I miss a few participants or beneficiaries?
The PBGC will not treat your issuance as untimely based on your failure to provide the issuance to a participant or beneficiary in a timely manner if -
(a) The failure resulted from administrative error;
(b) The failure involved only a de minimis percentage of intended recipients; and
(c) You resend the issuance to the intended recipient promptly after discovering the error.