PBGC’s revised Form 10 for post-event reporting requires defined benefit plan sponsors to provide controlled group information, company financial information and the plan’s actuarial valuation report for all reportable events. Previously, sponsors had to provide some of this information for most filings, but not all. Notably, sponsors filing for active participant reductions and distributions to substantial owners will for the first time need to provide all this information.
Sponsors filing in connection with a minimum funding waiver should note that Form 10 doesn’t specifically require sponsors to file the additional information for funding waiver events. But sponsors must attach a copy of the waiver application and attachments, which provide similar information.
- Form 10: Post-Event Notice of Reportable Events (PBGC, May 9, 2019)
- Instructions: Post-Event Notice of Reportable Events (PBGC, May 9, 2019)
- PBGC Reportable Event Webpage