1. Regulations
  2. title 29
  3. chapter XL
  4. part 4000
  5. subpart C
  6. § 4000.31

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