Account History Guide
Correcting Filings and Reconciling Estimates
Find information on how to correct errors in filings, submit amended filings, or reconcile an earlier estimated premium filing, and on PBGC refunds of overpayments. See the “Correcting Filings and Reconciling Estimates” section available under each year's Comprehensive Premium Filing Instructions on the Premium Filing Payment and Instruction webpage.
Late Payment Charges
Late payment charges arise when you pay some, or all, of the premium owed after the due date. Late charges include both interest and penalty. The current rules for late payment changes apply to late premium payments for plan years beginning in 2016 or later. Different rules apply for earlier plan years.
The “Late Payment Charges” section of each year’s Comprehensive Premium Filing Instructions provides detailed information about late charges that apply with respect to that year (e.g., how interest and penalties are determined, automatic penalty waivers, how to request a penalty waiver). Instructions for the current and prior years are available on the Premium Filing Payment and Instruction webpage.
Filing Due Dates
One of the data items required to be reported in a premium filing is the business codes that best describes the nature of the plan sponsor's business (or main business activity of the employers and/or employee organizations if more than one employer or employee organization is involved). The applicable Business Codes for each year beginning with 2014 can be found here.