§ 4000.31. Is my issuance untimely if I miss a few participants or beneficiaries?
61 words·~1 min read·
/us/cfr/t29/s§ 4000.31·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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---
(a)The failure resulted from administrative error;
(b)The failure involved only a de minimis percentage of intended recipients; and
(c)You resend the issuance to the intended recipient promptly after discovering the error.