PBGC Penalties for Failure To Provide Notices or Material Information

Current understanding

PBGC has proposed formalized policies for calculating, imposing, and waiving monetary penalties on pension plans that fail to timely provide required notices or other material information to PBGC and to plan participants. The proposal is intended to bring transparency and consistency to PBGC’s exercise of penalty authority under ERISA sections 4071 and 4302, distinguishing routine late filings from more serious informational failures. Status: proposed rule.

Evidence log

• 2026-07-21 — Penalties for Failure To Provide Certain Notices or Other Material Information: cross-connection with form-5500-filing-simplification: Form 5500 is a principal PBGC information filing; changes to Form 5500 filing requirements interact with the scope of notices/material information subject to PBGC penalty policies. (novelty: 2)

Open questions

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