By Pension and Benefits Editorial Staff
My PAA is ready to accept electronic premium filings for plan years beginning in 2019, according to the Pension Benefit Guaranty Corporation (PBGC). The PBGC notes that it has made several enhancements to My PAA to simplify and streamline the premium payment process. In particular, the following has been changed:
- My PAA Demos are now available directly from every page header within My PAA;
- All “team members” will be notified be email when new PBGC premium-related correspondence is sent (copies of such correspondence can be viewed via the Plan Correspondence Quick Link);
- Filing Coordinators can now add or remove “team members” for multiple plans at once; and
- With the exception of “uploaded” filings, filers now have the ability to attach a document when submitting premium filings online using My PAA in the event they would like to include additional explanations for any premium filing data.
SOURCE: PBGC website.
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