29 CFR 4903.7 - When will PBGC allow a debtor to pay a debt owed to PBGC in installments instead of a lump sum?

Regulations last checked for updates: Nov 23, 2024

Title 29 - Labor last revised: Oct 31, 2024

View all text of Subpart B [§ 4903.5 - § 4903.20]

§ 4903.7 - When will PBGC allow a debtor to pay a debt owed to PBGC in installments instead of a lump sum?

If a debtor is financially unable to pay the debt in a lump sum, PBGC may accept payment of a debt in regular installments, in accordance with the provisions of 31 CFR 901.8.

authority: 5 U.S.C. 5514; 29 U.S.C. 1302(b); 31 U.S.C. 3701-3719,3720A; 5 CFR part 550, subpart K; 31 CFR part 285; 31 CFR parts 900-904

source: 75 FR 68205, Nov. 5, 2010, unless otherwise noted.

cite as: 29 CFR 4903.7