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PBGC Clarifies Administrative Review Process

The Pension Benefit Guaranty Corporation (PBGC) issued a final rule clarifying amendments to its appeals process for decisions and determinations. The Appeals Board may refer to other PBGC departments appeals that request an explanation of a covered initial determination and appeals that dispute specific data covered in an initial determination. The rule removes determinations under ERISA section 4022A. Other changes include changes in regulatory language to plain language found in the PGBC brochure Your Right to Appeal. The rule also provides instructions on where to file submissions with the PBGC. Changes are effective August 8, 2008.

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