29 CFR 4000.31 - Is my issuance untimely if I miss a few participants or beneficiaries?

Regulations last checked for updates: Oct 17, 2024

Title 29 - Labor last revised: Oct 09, 2024

View all text of Subpart C [§ 4000.21 - § 4000.32]

§ 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.

authority: 29 U.S.C. 1083(k), 1302(b)(3)

source: 68 FR 61347, Oct. 28, 2003, unless otherwise noted.

cite as: 29 CFR 4000.31