Pension Benefit Guaranty Corporation (PBGC) Premiums

Payment of Pension Benefit Guaranty Corporation (PBGC) premiums under the Employee Retirement Income Security Act (ERISA) sections 4006 and 4007 is an obligation of the contributing sponsor or the plan administrator, and can subject controlled group members to liability.  We regularly assist clients with respect to premium issues, including:

• Defending premium audits.
• Negotiating waiver or reduction of premium penalties.
• Obtaining refund of premiums.
• Applying premium rules to plan terminations, mergers, and spinoffs.
• Addressing issues relating to PBGC's termination premium.