PBGC Reconsideration Paperwork: Comment Again, Please
Published Date: 4/8/2025
Notice
Summary
The Pension Benefit Guaranty Corporation (PBGC) wants to keep collecting info from people who ask them to rethink decisions about pensions. They’re asking the public to share thoughts on this by June 9, 2025. This won’t cost anyone extra but helps PBGC keep things fair and clear for folks affected by pension rules.
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
Estimated time and cost per reconsideration filing
PBGC estimates about 146 persons will file reconsideration requests per year, with an average burden of about one-half hour and an average cost of $493 per appellant, resulting in an average total annual burden of approximately 71 hours and about $71,925. PBGC will ask OMB to extend approval of this information collection (OMB control number 1212-0063) for another three years; the current OMB approval expires August 31, 2025, and comments on this request are due by June 9, 2025.
Who may file reconsideration and how
If you are aggrieved by a PBGC initial determination under Sec. 4003.1(d)(1) (premiums, interest, late payment penalties), Sec. 4003.1(d)(2) (voluntary terminations), or Sec. 4003.1(d)(3) (penalties under section 4071 of ERISA), you may request reconsideration. Requests must be in writing, clearly designated as requests for reconsideration, state the grounds and relief sought, include or reference all pertinent information, and may be filed by hand, mail, commercial delivery service, or email.
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Key Dates
Department and Agencies
Related Federal Register Documents
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2026-13124, Allocation of Assets in Single-Employer Plans; Interest Assumptions for Valuing Benefits
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2026-12100, Technical Amendments: Special Financial Assistance
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The Pension Benefit Guaranty Corporation (PBGC) wants to keep collecting info about how people appeal their decisions. This affects anyone dealing with PBGC appeals and asks for public comments by June 9, 2025. No big cost changes, just making sure the paperwork rules stay clear and fair.
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