Session from the 2010 Enrolled Actuaries Meeting
106 - 4010 Electronic Filing Requirement
04/12/2010 - 11:00 AM - 12:30 PM
Session Category: Employee Benefits - PBGC/Plan Termination Issues
Credits:
EA Core 1.80 CPD 1.80
As a result of the market decline in late 2008, many employers will be subject to 4010 reporting for the first time. With 4010 filings for calendar year filers due the day after the EA meeting ends, this session is a must for first time filers. Even if your clients were able to avoid 4010 reporting for 2009 by using the October yield curve to determine the FTAP, given the recent drop in bond rates that might not be the case next year, so this is a great opportunity to get up to speed. Topics to be covered include: how to determine whether a filing is required (including the new 80% FTAP gateway test and the $15 million funding shortfall waiver), what information needs to be reported (including the nuances of calculating benefit liabilities) and determination of exempt entities and exempt plans. In addition, since electronic filing is required for 4010 reporting, an overview of the e-4010 application is covered.
Speakers:
1.
Amy C. Viener
- Pension Benefit Guaranty Corp.
2.
Monica L. Gajdel
- Aon Hewitt
