§4000.31. Is my issuance untimely if I miss a few participants or beneficiaries?
29 C.F.R. § 4000.31
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—
The failure resulted from administrative error;
The failure involved only a de minimis percentage of intended recipients; and
You resend the issuance to the intended recipient promptly after discovering the error.
Notes, amendments, and revision history
Authority
Authority: 29 U.S.C. 1083(k), 1302(b)(3).
Source
Source: 68 FR 61347, Oct. 28, 2003, unless otherwise noted.