2013 premium filings: You may file both estimated flat-rate filings and the comprehensive filings for plan years beginning in 2013 using My Plan Administration Account (My PAA), our online application for premium filers. Here are some additional online tools e-filers may find useful:
- Information about how to e-file, including demos and frequently asked questions: Online Premium Filing with My PAA.
- 2013 premium payment instructions (including illustrative forms): Premium Payment Instructions and Addresses.
- See page 2 of the instructions for “What’s New” for premium filings for plan years beginning in 2013. For example, the per-participant flat-rate premium is $42.00 for single-employer plans and $12.00 for multiemployer plans.
Expected retirement age update: On November 30, 2012, PBGC published a final rule amending its valuation regulation by substituting a new table for selecting a retirement rate category. The new table applies to any plan being terminated either in a distress termination or involuntarily by the PBGC with a valuation date falling in 2013.
2013 maximum guarantee: On November 27, 2012, we updated the Maximum Monthly Guarantee Tables for 2013. The maximum monthly benefit amount that can be guaranteed for 2013 is $4,789.77 (as compared with $4,653.41 for 2012).
Benefit restrictions - present value of PBGC maximum guarantee: On November 21, 2012, PBGC posted a table showing the applicable present values for 2013 plan years. For more information, see Technical Update 07-04.