Payment of Premiums (29 CFR part 4007), Disclosure to Participants (29 CFR part 4011)

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20067
PREMIUM PAYMENT PACKAGEINSTRUCTIONS
PENSION BENEFIT GUARANTY CORPORATION
This Package Contains:
PBGC Form 1
Schedule A
PBGC Form 1-EZ
2006 Instructions for Final Premiums for 2007

To All Plan Administrators:
WeEnclosed are enclosing the 2006 Premium Payment Package containing forms and instructions for
your final premium payment to the Pension Benefit Guaranty Corporation (PBGC) for the 20067 plan
year. There are twofive important items to note for 20067: c

! Changes in the flat--rate premium (and potentially also in the variable-rate premium), and the phasing in
of mandatory electronic premium filing.
Under recently enacted legislation, theto reflect inflation. The inflation-adjusted per-participant flat-rate
premium for 20067 is $301 for single-employer plans and $8 for multiemployer plans. In addition, at the
time this booklet went to press, Congress was considering other legislation that might further change
flat-rate premiums and change variable-rate premiums as well. (Note that, without new legislation

! Changes in the assumptions and methods used to determine the variable-rate premium. For 2007, the
Required Interest Rate for the variable-rate premium for the 2006 premium payment year will be
85is 100 percent of the annual yield on 30-year Treasury securities for the month preceding the
month in which the plan’s 2006 plan year begins.) Check the PBGC’s Web site (www.pbgc.gov)
for changes to applicable rules and interest rates before you file.
(Note that if you made an estimated flat-rate premium filing for a large plan using the old flat rate of $19
or $2.60 per participant, you should make an amended estimated filing as soon as possible to bring your
estimated payment up to the new $30 or $8 level. You may use the Form 1-ES that shows the old
premium rates: just cross out the old rate and write in the new rate.)
The PBGC expects to phase in mandatoryrate of interest determined by the Secretary of the Treasury on
amounts invested conservatively in long-term investment-grade corporate bonds, and the market value
of assets must be used to determine unfunded vested benefits.

! Mandatory electronic filing of premiums during 2006. For plans with 500 or more participants for the
prior plan year, the requirement to file electronically — through the PBGC’s Web site (www.pbgc.gov) —
is expected to apply to filings that are made on and after July 1, 2006, for 2006 and later plan years.
(premium filing. Electronic filing is expected to be requiredmandatory for all plans beginning
withfor the 2007 plan year.) The effective date and applicability provisions will not be definite
until the PBGC publishes the final rule on mandatory electronic filing in the Federal Register,
which the PBGC anticipates doing in early 2006. The final rule will be posted on the PBGC’s
Web site. Instructions for electronic filing are included in this booklet (see page 45).

The PBGC’s electronic filing application, called My Plan Administration Account (My PAA), offers
alternative methods for electronic filing, which saves time and reduces the risk of errors. One method
provides data entry and editing screens in My PAA to electronically create a filing, route it to others for
review and e-signature, notify each other of the next required action, and track the filing’s progress
through submission to the PBGC. Another method provides an “upload” feature that enables you to
electronically submit filings created with compatible private-sector software. With either method,
filings reach the PBGC in seconds rather than in days, electronic receipts confirming receipt by the
PBGC are provided upon submission, and payments can be sent via My PAA (ACH, electronic check, or
credit card) or separately by paper check or wire transfer. To use My PAA, view its features, or get
updated information about the e-filing methods available, go to the PBGC’s home page
(www.pbgc.gov), click on the “Practitioners” tab and then click on “Online premium filing (My PAA)”
under the “Premium filings” heading. We encourage you to start to prepare now for premium e-filing
by setting up your My PAA account (your user ID and password) as soon as possible

! A variable-rate premium cap for plans of certain small employers. This cap applies if the sponsor
group has 25 or fewer employees, determined according to specified rules.

! The new plan termination premium. This new premium applies to certain distress and involuntary
plan terminations.
More information on all of these developments is in “What's New” on p. 1 of this booklet.
We continue to look for ways to help you, and your suggestions are always welcome. In addition, the
PBGC’s Web site contains information you may find useful, including current and prior premium filing
instructions, interest rates, information on disaster relief, and regulations. To see what's new for
practitioners, click on the "Practitioners" tab on PBGC's home page at www.pbgc.gov and then on the
"What's New" link at the top of the right column.
For all premium-related inquiries, please call our toll-free practitioner number, 1-800-736--2444, and
select the “premium” option, or e-mail us at [email protected]. If you have a complaint about the
service you have received or still need assistance after calling our practitioner number, please contact
our Problem Resolution Officer at 1-800-736-2444, ext. 4136 (202-326-4136 for local calls) or by e-mail at
[email protected].

Bradley DVincent K. BeltSnowbarger
ExecutiveInterim Director
Pension Benefit Guaranty Corporation

-ii-

CONTACTS
1.

PBGC’s W eb site, www.pbgc.gov, contains pension plan
information of interest to the plan administrator and
practitioner, such as electronic premium filing, current and
prior premium filing booklets, frequently asked questions,
interest rates, regulations, etc.

5.

2.

Submit electronic premium filings (including electronic
amended filings) through “My Plan Administration Account”
(“My PAA”) on PBGC’s W eb site (www.pbgc.gov). Follow
instructions in My PAA for submitting premium payments.

3.

For a paper premium filing (including a paper amended filingif
exempt from mandatory e-filing):
a.
If you use mail (including certified mail), send your
form(s)filing to:
Pension Benefit Guaranty Corporation
Dept. 77430
P.O. Box 77000
Detroit, MI 48277-0430
b. If you use a delivery service, send your form(s)filing to:
Pension Benefit Guaranty Corporation
JPM organ Chase Bank, N.A.
9000 Haggerty Road
Dept. 77430
Mail Code MI1-8244
Belleville, MI 48111
c. If you pay by check, write the plan’s EIN/PN and the
date the premium payment year commenced (PYC) on
the check and send the check with your form(s)filing.
d. If you pay by electronic funds transfer, send the
payment to:
JPM organ Chase Bank, N.A.
ABA:
071000013
Account:
656510666
Beneficiary: PBGC
Reference: “EIN/PN: XX-XXXXXXX/XXX
PYC: MM/DD/YY”

4.

For all premium-related correspondence (other than
premium filings), including premium filing questions (for
electronic or paper filings), requests for exemption from
the requirement to file electronically, requests for instruction
booklets or forms, address changes, requests for refunds (that
are not submitted with premium filings), and requests for
reconsideration of premium penalty assessments:
a.
If you mail your correspondence (including use of
certified mail), address it to:
Pension Benefit Guaranty Corporation
Dept. 77840
P.O. Box 77000
Detroit, MI 48277-0840
b. If you send your correspondence by delivery service,
address it to the same address as in 3.b. above.
c. Call:
1-800-736-2444 or (202) 326-4242
d. Fax:
(202) 326-4250
e. E-mail: [email protected]

For current interest rate information:
Call:
(202) 326-4041
Internet: www.pbgc.gov
or write to:
Pension Benefit Guaranty Corporation
CPAD, Suite 240Communications & Public Affairs
Department
1200 K Street, NW
W ashington, DC 20005-4026
6.

For assistance on coverage determination or plan
termination:
Call:
1-800-736-2444 or (202) 326-4242
E-mail: [email protected]
or write to:
Pension Benefit Guaranty Corporation
IPD/TechnicalInsurance Program Department
Technical Assistance Branch, Suite 930
1200 K Street, NW
W ashington, DC 20005-4026

7.

If you have a complaint about the service you have received
or still need assistance after calling our practitioner
telephone numbers listed in items 4 and 6 (1-800-736-2444
or (202) 326-4242), please contact the Problem Resolution
Officer (Practitioners):
Call:
1-800-736-2444, ext. 4136
(202) 326-4136
E-mail: [email protected]
or write to:
Pension Benefit Guaranty Corporation
Financial Operations Department
Problem Resolution Officer (Practitioners), Suite 610
1200 K Street, NW
W ashington, DC 20005-4026

8.

For assistance with Participant Notice questions:
Call:
(202) 326-4161
E-mail: [email protected]

9.

For questions on our Premium Compliance Evaluation Program:
Call:
(202) 326-4161, ext. 6309
E-mail: [email protected]

10. For vendors requesting approval of automated forms, send a
sample (including 3 original forms) to:
Pension Benefit Guaranty Corporation
Vendor Review Office, FOD/CCD, Suite 670
1200 K Street, NW
W ashington, DC 20005-4026
110.

-iii-

For software developers requesting approval of XML
files produced by private-sector software for use in
My PAA, follow submission instructions on PBGC’s
W eb site (www.pbgc.gov).

TTY/TDD users may call the Federal relay service
toll-free at 1-800-877-8339 and ask to be connected to
any telephone number in this booklet.
Note: W e cannot accept collect calls.
Note: PBGC filing addresses may change from time to time.
Use the most current addresses, even for prior year filings
(such as amended filings). The addresses on this page will
be valid until at least through December 31, 2008.

-iv-

Pension Benefit Guaranty Corporation
Customer Service Plan for Plan Administrators
What is Our Mission?
The Pension Benefit Guaranty Corporation (PBGC) encourages a stable, adequately funded system of private pension plans and
provides responsive, timely, and accurate services to plan sponsors, participants in insured plans, plan administrators, plan sponsors,
and other pension practitioners.

Who Are Our Customers and What Services Do We Provide?
As a plan administrator of a pension plan that pays premiums to PBGC, you are one of PBGC’s principal customers.
In administering the premium collection program, we:

!
!
!

!

Collect premiums from covered plans;
Issue annual premium forms and instructions packages;
Answer questions from plan administrators, plan
sponsors, and other practitioners about premium
payments;

!
!

Process premium-related requests, including requests for
refunds and administrative changes;
Issue past due filing notices and statements of account
(premium invoices), as appropriate;
Make decisions on requests for reconsideration of agency
determinations in the premium administration area.

Should a defined benefit pension plan terminate, as either a standard or a distress termination, you have dealings with the PBGC to
Of course, our dealings with plan administrators, plan sponsors, and other pension practitioners go beyond premium collections.
bring the case to closure.

Our Service Pledge
Our customers deserve our best effort as well as our respect and courtesy.

!

On the first call from you, our customer, we will say —
– what we can do immediately and what will take longer,
– when it will be done, and
– who will handle your request.

!
!

W e will call you if anything changes from what we first said, give you a status report and explain what will happen next.

!

W e will acknowledge your letter within one week of receipt.

W e will have staff available from 8:00a.m.-5:00p.m. Eastern Time to answer your calls. If you leave a message, we will
return the call within one workday.

Survey Results and Service Improvement Efforts
The most recent customer satisfaction surveys of premium filers tells us we’ve improved our forms and instructions, and filing
premium forms is fairly easy to do, but receiving refunds still takes too long. W e learned that we can best improve customer
satisfaction by focusing on premium statements of account (premium invoices), specifically, getting these to our customers timelier,
making the statements themselves clearer, and providing prompter responses to inquiries. W e have rewritten our premium statement of
account cover letters and begun sending them more promptly. W e are also developingincreased your confidence in us and reduced
complaints to the lowest level ever. W e are pleased with these improvements but also note that you would like us to continue to
improve both customer care and the timeliness of premium refunds, two areas we will continue to focus on. You also let us know that
you have concerns about the long-term outlook for both PBGC and the pension insurance system. W e understand that this is an
uncertain time for the defined benefit system, and we will continue to provide you with the earliest possible information on changes
that will affect you. W e continue development of a new premium accounting system (for implementation in 2007) that we expectwill
contribute to support faster resolution of questions and timelier invoices and notices (e.g., statements of account and premium refunds.
In response to your many requests, we are expanding our electronic premium filing system to accommodate third-party software and
multi-year filings. Further, we have increased both training and monitoring at our call center in order to provide the best possible
service when you call us). W e also expect premium e-filing via My PAA (My Plan Administration Account) to contribute to more
accurate and timely filings, plan account histories, and notices. W e hope that these efforts will mean a positive experience for you
whenever and however you interact with PBGC.
Since almost half of all pension plans have an October 15 premium filing deadline, PBGC experiences its peak premium
processing season in October through December. Refunds requested during this period will take longer to process due to the increased

-v-

number of filings received. W e continue to seek ways to make our processes more responsive to the needs of the practitioner
community.
If you have any questions or complaints, please contact us by telephone, fax, or e-mail at one of the numbers or addresses listed on
page ii.

-vi-

PAPERWORK REDUCTION ACT NOTICE
W e need this information to determine the amount of premium due to the PBGC under Title IV of ERISA and to monitor singleemployer plans’ compliance with the Participant Notice requirement in ERISA section 4011 and 29 CFR Part 4011. You are required
to give us this information. An agency may not conduct or sponsor, and a person is not required to respond to, a collection of
information unless it displays a currently valid OMB control number. OMB has approved this collection of information under control
number 1212-0009. Confidentiality is that suppliedprovided by the Privacy Act and the Freedom of Information Act.
Shown below is the estimated burden associated with the preparation and submission of a final premium filing — either electronically
or by completing and filing Form 1-EZ or Form 1 (and, for single-employer plans that are not exempt from the variable-rate premium,
Schedule A). The burden estimates are expressed in hours (for filings done in-house) and in dollar cost (for filings contracted out).
(The PBGC assumes that 95%95 percent of the burden is contracted out.) The burden estimates are averages for the plans in each of
the listed categories. These times will vary depending on the circumstances of a given plan.
PLAN TYPE
Single-Employer Plans
Plans W ith Under 500 Participants
Exempt from variable-rate premium
Not exempt but fully funded
...
Underfunded
..............
Plans W ith 500 or M ore Participants
Exempt from variable-rate premium
Not exempt but fully funded
...
Underfunded
..............
Multiemployer Plans . . . . . . . . . . . . . .

AVERAGE BURDEN

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.0 hour or $275
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.0 hours or $550
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.5 hours or $1,238
...
.......
.......
.......

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. . 1.0 hour or $275
. . 2.0 hours or $550
5.5 hours or $1,513
. . 0.5 hour or $138

If you have comments concerning the accuracy of these burden estimates or suggestions for making the forms or the electronic filing
process simpler, please send your comments to Pension Benefit Guaranty Corporation, Legislative & Regulatory Department, 1200 K
Street, NW , W ashington, DC 20005-4026.

Reminder to Single-Employer Plans About Reportable Events
The plan administrator or contributing sponsor may have to notify the PBGC about certain events:
·

20% reduction in active participants

·

Transaction involving a change in contributing
sponsor or controlled group

·

Failure to make minimum funding payments

·

Inability to pay benefits when due

·

Liquidation or dissolution of a contributing sponsor
or a controlled group member

·

Excess distributions to a substantial owner within a
12-month period

·

Declaration of an extraordinary dividend or stock
redemption

·

Transfer of 3% or more of benefit liabilities outside the
controlled group

·

·

Application for minimum funding waiver

·

Loan default
Bankruptcy, insolvency, or similar settlements with
creditors

to know that an event has occurred. In certain cases involving privately-held companies or controlled groups whose pension plans
In most cases, notice is required within 30 days after the plan administrator or contributing sponsor knows or has reason
have aggregate unfunded vested benefits of more than $50 million, the contributing sponsor (but not the plan administrator) must
notify the PBGC 30 days before the effective date of certain events. See section 4043 of ERISA and PBGC’s regulation on Reportable
Events and Certain Other Notification Requirements (29 CFR Part 4043). (From time to time, we also publish technical guidance on
our W eb site, www.pbgc.gov, about reportable events filing obligations.) Failure to give PBGC timely notice may result in assessment
of penalties under section 4071 of ERISA.
NOTE: Small plans are not exempt from the reportable events rules, although there are waivers and other
special rules for small plans in some cases.
NOTE: The PBGC provides Form 10 and Form 10-ADV for notifying PBGC of reportable events. These forms are available
on the PBGC’s W eb site (www.pbgc.gov) and can be downloaded.

-vii-

Reminder
Note to Plan Administrators
About 2006Repeal of PBGC Participant Notice Requirement
The
For each plan year (through the 2006 plan year) for which a variable-rate premium was payable for a plan,
the plan administrator of a single-employer plan may be required to issue a Participant Notice for the 2006 plan year —
informingwas required by ERISA section 4011 to issue a notice to participants about the plan’s funding status and the
limits on the PBGC’s guarantee of benefits — if a variable-rate premium (VRP) is payable for the 2006 plan year. The
PBGC will issue a Technical Update in mid-2006 describing the requirements for the 2006 Participant Notice and
reflecting any legislative changes for 2006.
The premium forms for the 2007 plan year (the next plan year) will include a certification about the Participant
Notice for the 2006 plan year (this plan year). (This plan year’s premium forms include a certification about the
Participant Notice for the 2005 plan year.)
The 2006 Participant Notice is due two months after the due date for the 2005 Form 5500 series, including
extensions. Thus, the 2006 Participant Notice is due during the 2006 plan year. For calendar year plans, the 2006
Participant Notice must be given by October 2, 2006, if the 2005 Form 5500 due date is August 1, 2006; by November
15, 2006, if the 2005 Form 5500 due date is September 15, 2006; or by December 18, 2006, if the 2005 Form 5500 due
date is October 16, 2006. (Due dates that fall on a weekend or Federal holiday are extended to the next business day.)
EXEMPTIONS: A plan that meets the Deficit Reduction Contribution (DRC) Exception Test for the 2005 plan year
or for the 2006 plan year is exempt from having to provide a Participant Notice for the 2006 plan year. Most new and
newly-covered plans are also, unless the plan was exempt from the Participant Noticenotice requirement.
For more information about the Participant Notice requirement, including information about the DRC Exception
Test, see section 4011 of ERISA, the under ERISA and PBGC’s regulation on Disclosure to Participants (29 CFR Part
4011), and the PBGC’s Technical Update on the 2006. ERISA section 4011 was repealed by the Pension Protection Act
of 2006 (PPA 2006), effective for plan years beginning after 2006. Thus 2006 was the last plan year for which a
Participant Notice (to be issued in mid-2006). The Technical Update will include a worksheet to help plan administrators
determine whether they must issue the 2006 Participant Notice.
Further information related to Participant Notice requirements is available on the PBGC’s Web site (www.pbgc.gov).

Small Plan Alert
Although there are special rules regardingunder section 4011 was required. Participant Notices for small plans,
small plans are not exempt from the Participant Notice requirementsunder section 4011 are not required for
the 2007 plan year. But see ERISA section 101(f) (added by PPA 2006) for a new defined benefit plan funding
notice requirement provision.

-viii-

Help Us Post Your Premium Filings Promptly And Accurately
The best way to ensure accurate and timelyElectronic filings is to submit yourrequired for premium filing onlinefilings for the
2007 plan year. (PBGC may grant exemptions from the e-filing requirement for good cause in appropriate circumstances.)
Electronic filing using the My Plan Administration Account (My PAA) application that is on the PBGC’s W eb site. If your
plan had 500 or more participants for the prior plan year, any 2006 premium filing that you submit on or after the effective
date for mandatory premium e-filing (expected to be July 1, 2006) must be filed electronically. Electronic filing will be
mandatory for all plans for plan years beginning after 2006. Electronic filing means your filing is posted faster and more
accurately. Instructions for e-filing your premiums are included in this booklet (see p. 45).
The PBGC may grant exemptions from the e-filing requirement for good cause in appropriate circumstances. See B.3.g., pp. 1213. If you are not required to e-file for 2006, or you have an exemption for a 2007 filing, and you are sending us a paper filing,
pleaseyour premium information on paper, you must use PBGC forms that you can download from PBGC’s W eb site or obtain by
contacting us as described in item 4. under “CONTACTS,” p. ii. To file your forms, use the premium filing addresses in item 3.
under CONTACTS“CONTACTS,” p. ii.
In addition, please remember:
A. Do NOT combine the premiums for two or more plans into one payment.
B. Include EIN/PN and PYC on all payments and correspondence.
C. Send correspondence other than premium filings to the correspondence addresses in item 4. under
CONTACTS“CONTACTS,” p. ii.
D. Notify PBGC of EIN/PN changes. EIN/PN changes should be reported in your premium filing.

Additional Tips
If you make an amended premium filing that shows an overpayment of more than $500, provide a statement explainingan
explanation of the specific circumstances or events that caused the overpayment and made the amended filing necessary. See
B.6.d., p. 16, for more information.
W hen providing refund payment instructions, please keep in mind that not all banks accept Automated Clearing House (ACH)
or electronic funds transfers.
If you are filing for a large plan, remember that an overpayment claimed as a credit on your estimated filing must also be claimed
on your final filing.
Remember that paper premium forms must be signed and dated. Failure to sign and date your paper filing can delay
processing of your filing (including any refund that may be due). Processing can also be delayed if you fail to submit a
separate payment for each plan. Please do not combine payments for two or more plans in one check or electronic funds
transfer.
W e also remind you not to place correspondence in the envelope with paper premium formsfilings. The formsfilings are
processed electronically, and correspondence placed in the same envelope may be significantly delayed in reaching its
intended destination. Use the address in item 4. under “CONTACTS,” p. ii, to send us correspondence other than your
premium filing.

If you make a paper filing, you must report on the paper form whether the plan has an exemption from e-filing and if it does not,
provide an explanation.
In addition, a paper filing should be sent without a cover letter. If you need to submit additional information with your filing, it should
be in an attachment (and you should check the attachment box in item 19 of Form 1-EZ or item 18 of Form 1).
.
PBGC filing addresses may change from time to time. Use the most current addresses for paper filings, even for prior year filings
(such as amended filings).

-ix-

Contents
CONTACTS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ii
Customer Service Plan for Plan Administrators . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . iii
PAPERWORK REDUCTION ACT NOTICE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . iv
Reminder to Single-Employer Plans About Reportable Events . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . iv
ReminderNote to Plan Administrators About 2006Repeal of PBGC Participant NoticesNotice Requirement . . . . v
Help Us Post Your Premium Filings Promptly And Accurately . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . vi
CONTENTS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . vii
Part A
1.
2.
3.
4.
5.
6.
7.
8.
9.

INTRODUCTION AND DEFINITIONS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
What’s New . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Definitions Relating to Laws . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
Definitions Relating to Parties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
Definitions Relating to Forms, E-Filing, and Identifying Numbers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
Definitions Relating to Dates . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
Definitions Relating to Premium Computations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45
Definitions Relating to Plan Types . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
Definitions Relating to Plan Transactions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 67

Part B
1.
2.
3.
4.
5.
6.
7.
8.

ABCs OF PREMIUM FILING . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 78
Who Must File . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 78
When to File . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 89
What to File . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Where to File . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Prorating Your Premium . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 134
How to Correct a Filing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
Underpayments And Overpayments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
Recordkeeping Requirements; PBGC Audits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18

Part C ITEM-BY-ITEM INSTRUCTIONS FOR FORM 1-EZ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Part D ITEM-BY-ITEM INSTRUCTIONS FOR FORM 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Part E ITEM-BY-ITEM INSTRUCTIONS FOR SCHEDULE A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
INFORMATION REQUIRED FOR SINGLE-EMPLOYER PLANS CLAIMING
EXEMPTION FROM THE VARIABLE-RATE PREMIUM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

19
27
33
19

Part D INFORMATION REQUIRED FOR MULTIEMPLOYER PLANS AND FOR
SINGLE-EMPLOYER PLANS NOT CLAIMING EXEMPTION FROM THE
VARIABLE-RATE PREMIUM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26
Part E INFORMATION REQUIRED FOR SINGLE-EMPLOYER PLANS NOT CLAIMING
EXEMPTION FROM THE VARIABLE-RATE PREMIUM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31
Part F MODIFIED ALTERNATIVE CALCULATION METHOD FOR PLANS TERMINATING IN
DISTRESS OR INVOLUNTARY TERMINATIONS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 432
Part G ON-LINE PREMIUM FILING WITH MY PAA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 454
APPENDIX A Optional Substitution Factors for the term “.94(RIR - BIR)” . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5146
TABLE A . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5146
TABLE B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5247
APPENDIX B Codes for Principal Business Activity. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5348
EMPLOYEE BENEFITS SECURITY ADMINISTRATION OFFICES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 561
BULK MAILINGPBGC PREMIUM MATERIALS — ORDER FORM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 561

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Part A INTRODUCTION AND DEFINITIONS
themselves to determine 2007 premiums. That is because
premiums are calculated as of the premium snapshot date,
which for most plans is the last day of the 2006 plan year.
The old mortality tables were still in effect for plan years
beginning in 2006. Plans with premium snapshot dates
that fall in plan years beginning in 2007 (such as new
plans) will use the new tables.

1. What’s New
The PBGC expects to publish in early 2006Flat-rate
premium
Under the Deficit Reduction Act of 2005 (“DRA
2005”), the flat-rate premium is adjusted each year to track
inflation. For plan years beginning in 2007, the
inflation-adjusted per-participant flat-rate premium is $31
for single-employer plans and $8 for multiemployer plans.
Note that if you made a 2007 estimated flat-rate premium
filing for a large single-employer plan using the 2006 flat
rate of $30 per participant, you should make an amended
estimated filing as soon as possible to bring your
estimated payment up to the new $31 level.

Electronic filing
On June 1, 2006 (at 71 FR 31077), PBGC published a
final rule making electronic filing mandatory for 2006
premium filings made on or after July 1, 2006,all plans
beginning with the 2007 plan year. (The final rule also
made e-filing mandatory for 2006 filings after June 2006
for large plans (plans that were required to pay premiums
for 500 or more participants for the plan year preceding
the premium payment year). See theonly.) See PBGC’s
Web site (www.pbgc.gov) for the text of the final rule and
for electronic premium filing instructions for large plans.
See Part G of this booklet for an explanation description
of how to e-fileelectronic filing procedures. The PBGC
may grant exemptions from the electronic filing
requirement for good cause in appropriate circumstances
(see Part B.3. of this booklet).
Electronic filing is expected to become mandatory
under the final rule for all plans beginning with the 2007
plan year. Thus, this may be the last year that we will
send paper forms and related instructions. Starting in
2007, we expect to revise our communications to you to be
more in line with the electronic submissions that you will
be preparing each year.
Failure to file electronically without an exemption is
subject to penalty under ERISA section 4071.
Because e-filing is mandatory, no paper forms are
provided with this booklet, and these instructions are not
keyed to item numbers on paper forms. But in order to
make the instructions easier for you to follow, we have
retained the grouping and order of instructions that was
used in the past for paper forms. (If you make a paper
premium filing, you must use PBGC for a large plan after
electronic filing becomes mandatory (expected to be July
1, 2006), youms that can be downloaded from PBGC’s
Web site or obtained by contacting us as described in item
4. under “CONTACTS” on p. ii. You must indicate in
new item 3.d. on Fyour paper form 1 or Form 1-EZ
whether the PBGC has granted the plan an exemption
from electronic filing. If not, you must attach an
explanation.
For 2005 only, we added a check box to the
Participant Notice information item on Form 1-EZ and
Schedule A for you to use to notify the PBGC of the

Variable-rate premium computation
Under the Pension Protection Act of 2006 (“PPA
2006”), the Required Interest Rate for plan years
beginning in 2006 and 2007 is based on the annual rate of
interest determined by the Secretary of the Treasury on
amounts invested conservatively in long-term investmentgrade corporate bonds, rather than the annual yield on
30-year Treasury securities. (The use of the corporate
bond rate instead of the 30-year Treasury rate was
instituted by the Pension Funding Equity Act of 2004
(“PFEA”); the PFEA provision expired at the end of 2005,
but was extended to the end of 2007 by PPA 2006.)
ERISA section 4006(a)(3)(E)(iii)(II) and (III) provides
that when new mortality tables for calculating current
liability become applicable to a plan, two changes occur to
the assumptions and methods for determining unfunded
vested benefits for purposes of the variable-rate premium:
! The “applicable percentage” that is used to
determine the Required Interest Rate (used to
value benefits) increases from 85 to 100 percent.
Under PPA 2006, the Required Interest Rate is the
“applicable percentage” of the annual rate of
interest determined by the Secretary of the
Treasury on amounts invested conservatively in
long-term investment-grade corporate bonds for
the calendar month preceding the calendar month
in which the premium payment year begins.
! The fair market value of plan assets, rather than
the actuarial value of assets, must be used.
In a final rule published _______ __, 2006, in the
Federal Register (__ FR _____), the Internal Revenue
Service established new mortality tables for calculating
current liability for plan years beginning after 2006.
Therefore, computation of the variable-rate premium for
the 2007 plan year must reflect these two changes.
However, most plans will not use the new mortality tables

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plan’s participation in the PBGC’s Participant Notice
Voluntary Correction Program (VCP) announced in the
Federal Register May 7, 2004 (at 69 FR 25792). That
check box is no longer needed and has been removed from
the 2006 forms.
In item 1 of Schedule A, the separate check boxes for
large and small plans using the Alternative Calculation
Method (ACM) have been eliminated.
We have corrected the instructions for item 6(a) on
Form 1-EZ and Form 1 to make it clear that the effective
date (not the adoption date) should be entered for a
retroactively adopted new plan that elects to use the
adoption date as the first day of its plan year.
Under recently enacted legislation, the per-participant
flat-rate premium for 2006 is $30 for single-employer
plans and $8 for multiemployer plans.
Congress is also considering other legislation that
might further change flat-rate premiums and change
variable-rate premiums as well (including the definition of
the Required Interest Rate that is used to determine the
variable-rate premium). See the definitions of “Flat-rate
premium,” “Variable-rate premium,” and “Required
Interest Rate” (A.7., pp. 4-6) for more information.
In 2004, we launched an electronic premium filing
system)
PBGC’s electronic filing application, called My Plan
Administration Account (My PAA). The, offers three
alternative methods for electronic filing. One method
provides data entry and editing screens in My PAA enable
practitioners to electronically create, sign, and submit
premium filings and payments to PBGC for plan years
beginning in 2004 or later years. In 2005, we added
another electronic filing method to MyPAA: direct
uploading of premium filings prepared with private-sector
a filing, route it to others for review and e-signature,
notify each other of the next required action, and track the
filing’s progress through submission to PBGC. A second
method provides an “import” feature with which you can
create a filing using compatible private-sector software
and then “import” the filing into My PAA’s data entry and
editing screens for editing, review, e-signature, and
submission to PBGC. Finally, there is an “upload” feature
that enables you to electronically submit filings created
with compatible private-sector software. E-filing has

many advantages over paper submissions, including
improved data accuracy, easier filing preparation, and
confirmation that the filing and payment were received by
PBGC
With any of these methods, electronic receipts
confirming receipt by PBGC are provided upon
submission and payments can be sent via My PAA (ACH,
electronic check, or credit card) or separately by paper
check or wire transfer. In addition, use of My PAA’s
premium information editing screens enables you to share
electronic access to filings (which eliminates manual
routing and mailing) and facilitates e-mail notification of
required actions to other e--filing team members. Please
see Part GTo use My PAA, p. 45view its features, for
moreor get updated information about how to e-file
premiums for 2006. For additional details or to set up an
account within My PAA, please accesse-filing procedures,
go to PBGC’s home page (www.pbgc.gov), click on the
“Practitioners” tab and then click on “Online premium
filing (My PAA)” under the “Premium filings” heading.
We encourage you to prepare for premium e-filing by
setting up your My PAA account (your user ID and
password) as soon as possible.

2. Introduction
Payment of premiums to the Pension Benefit Guaranty
Corporation (PBGC) is required by sections 4006 and
4007 of the Employee Retirement Income Security Act, as
amended of 1974 (ERISA), and the PBGC’s premium
regulations (29 CFR Parts 4006 and 4007). There are two
kinds of annual premiums: the flat-rate premium, which

applies to all plans, and the variable-rate premium, which
applies only to single-employer plans.
Every plan covered plan under section 4021 of ERISA
must make a premium filing each year, typically in the
tenth month of the year. Large plans (those with 500 or
more participants for the prior plan year) must pay the flatrate premium earlier in the year. The PBGC expects to

Variable-rate premium cap
Under PPA 2006, the variable-rate premium is capped
(starting in 2007) for plans of certain small employers.
Employer size is determined by counting employees of all
contributing sponsors and their controlled group members
as of the first day of the premium payment year. The
employee count must be 25 or less to qualify for the cap.
PBGC plans to provide further guidance on this new rule;
check PBGC’s Web site (www.pbgc.gov) and go to the
page that provides new users with more information and
the ability to sign up for My PAA.
for more details before you file.
Termination premium
DRA 2005 created a new plan termination premium
(generally $1,250 per participant), payable for three years
following certain distress and involuntary plan
terminations. The instructions in this booklet do not cover
the new termination premium. See PBGC’s Web site for
information about the termination premium.

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publish in early 2006 a final rule making eElectronic filing
mandatory for 2006is mandatory for all plans for plan
years beginning after 2006. E-filing is also mandatory for
premium filings for the 2006 plan year made on or after
July 1, 2006, for large plans (plans that were required to
pay premiums for 500 or more participants for the plan
year preceding the premium payment year). (See Part G
of this booklet). The PBGC may grant exemptions from
the electronic filing requirement for good cause in
appropriate circumstances (see Part B.3. of this booklet).
For smaller plans, electronic filing remains optional for
2006. Electronic filing is expected to be required for all
plans for plan years beginning after 2006 under the final
rule.
This booklet contains 2006 paper premium filing
forms and filing instructions. Plans filing on paper will
use Form 1 or Form 1-EZ (whichever applies to the plan);
single-employer plans that file Form 1 must also file
Schedule A. These three forms are included in this

booklet. The table on page 11 shows which form(s) to
file, and the instructions in this booklet tell how to
complete Form 1, Form 1-EZ, and Schedule A and how to
pay the premium due. Plans filing electronically may use
the instructions in this booklet as guidance for preparing
their electronic filings for plans paying final premiums for
2007. (Filing instructions for large plans paying an
estimate of the flat-rate premium are contained in a
separate booklet.) My PAA’s data entry and editing
screens also provide instructions.
Your premium filing will be considered improper if it
is not made in accordance with the premium regulations
and instructions, if you do not make any required premium
payment, or if your filing is otherwise incomplete.
Subparts 3 through 9 of this Part A tell you the
definitions of special terms that are used in these
instructions.

3. Definitions Relating to Laws

“Premium regulations” means the PBGC’s
regulations on Premium Rates and Payment of Premiums
(29 CFR Parts 4006 and 4007). The premium filing
procedures (including instructions, forms, and the My
PAA electronic filing application, paper instructions, and
forms) are prescribed under and implement the premium
regulations.

“ERISA” means the Employee Retirement Income
Security Act of 1974, as amended (29 U.S.C. 1001 et
seq.).
“Code” means the Internal Revenue Code of 1986, as
amended.

contributing sponsors that are not all in a single controlled
group, first identify the controlled group, or contributing
sponsor that is not in a controlled group, that has the most
participants in the plan. If you identify a contributing
sponsor that is not in a controlled group, enter the name
and address ofplan sponsor is that contributing sponsor.
But if you identify a controlled group, then enter the name
and address ofplan sponsor is the parent of that controlled
group or, if there is no parent, of the largest member of
that controlled group (whether or not the parent or largest
member is a contributing sponsor).
End Of Moved Text
For a multiemployer plan, the plan sponsor is the
association, committee, joint board of trustees, or other
entity that establishes or maintains athe plan.

4. Definitions Relating to Parties
“We” or “us” refers to the Pension Benefit Guaranty
Corporation.
“You” or “your” refers to the administrator of a
pension plan.
“Plan sponsor” means the employer(s), employee
organization,is determined as follows:
For a single-employer plan with one contributing
sponsor, the plan sponsor is the contributing sponsor.
For a single-employer plan with two or more
contributing sponsors that are all in a single controlled
group, the plan sponsor is the parent of the controlled
group or, if there is no parent, the largest member of the
controlled group (whether or not the parent or largest
member is a contributing sponsor).

“Plan administrator” means:
a. the person specifically so designated by the terms of
the instrument under which the plan is operated; or
b. if an administrator is not so designated, the plan
sponsor.

Text Moved Here: 2
For a single--employer plan with two or more

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Department of Labor, and the PBGC. (Copies of this form
may be obtained from the Internal Revenue Service or the
Department of Labor.)

5. Definitions Relating to Forms, E-Filing, and
Identifying Numbers

“Schedule B” means Schedule B to the Form 5500
series.

NOTE: Premium filings must be made electronically.
However, if you are granted an exemption from electronic
filing, and you make a paper filing, you must use PBGC
forms that can be downloaded from PBGC’s Web site or
obtained by contacting PBGC as described in tem 4. under
“CONTACTS” on p. ii.

“My PAA” means “My Plan Administration
Account,” PBGC’s electronic premium filing application,
available through PBGC’s Web site (www.pbgc.gov).
“EIN” means Employer Identification Number. It is
always a 9-digit number assigned by the Internal Revenue
Service for tax purposes.

“Form 1” means thePBGC’s Annual Premium
Payment Form 1 issued by the PBGC and includes, for
single-employer plans, the Schedule A.

“PN” means Plan Number. This is always a 3-digit
number. The employer maintaining the plan sponsor
assigns this number to distinguish among employee
benefit plans established or maintained by the same plan
sponsoremployer. A plan sponsorn employer usually
starts numbering pension plans at “001” and uses
consecutive Plan Numbers for each additional plan. Once
a PN is assigned, always use it to identify the same plan.
If a plan is terminated, retire the PN — do not use it for
another plan.

“Form 1-EZ” means thePBGC’s Annual Premium
Payment Form 1-EZ for Single-Employer Plans Exempt
from the Variable-Rate Premium, issued by the PBGC.
“Form 1-ES” means thePBGC’s Estimated Premium
Payment Form 1-ES issued by the PBGC (in a separate
booklet) for estimating the flat-rate premium for certain
large single-employer plans and the total premium for
certain large multiemployer plans.
“Schedule A” means the schedule to thePBGC’s Form
1 that isfor used by single-employer plans that are not
exempt from the variable-rate premium to report unfunded
vested benefits and compute the variable-rate premium.

“CUSIP number” means a nine-digit number
assigned to the publicly traded securities of a plan sponsor
(or member of the plan sponsor’s controlled group) under
the securities numbering system of the Committee on
Uniform Securities Identification Procedures. The first six
digits of the CUSIP number identify the securities issuer,
the next two digits identify the specific securities issue,
and the last digit is a check digit.

“Form 5500 series” means Form 5500, Annual
Return/Report of Employee Benefit Plan, jointly
developed by the Internal Revenue Service, the

or the effective date may be used as the premium snapshot
date. However, whatever date is used as the premium
snapshot date must also be considered the first day of the
plan year for other purposes of— for prorating the
premium (if you prorate) and, for purposes of determining
the premium due date, and for determining the Required
Interest Rate. Thus, if you determine the plan’s Final
Filing Due Date as the 15th day of the 10th full calendar
month that begins on or after the first day of the premium
payment year (i.e., under B.2.b.(i), p. 8), you must use the
first day of the premium payment year as the premium
snapshot date. Similarly, if you prorate the plan’s firstyear premium, you must use the premium snapshot date as
the first day of the plan year (see B.5., p. 13).)
b. If the plan is the transferee plan in a merger or the
transferor plan in a spinoff to a new plan and the

6. Definitions Relating to Dates
“Premium payment year” means the plan year for
which the premium is being paid.
“Premium Snapshot Date” means the last day of the
plan year preceding the premium payment year (e.g.,
12/31/2005December 31, 2006, for a calendar year plan’s
20067 premium payment year) except as follows:
a. For a new plan or newly covered plan, the premium
snapshot date is the first day of the premium payment
year, or the first day the plan became effective for benefit
accruals for future service, if that is later.
(If a newly created plan covered under section 4021 of
ERISA is adopted retroactively (i.e., the adoption date of
the plan is after its effective date), either the adoption date

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transaction meets the conditions described in (i) and (ii)
below, the premium snapshot date is the first day of the
premium payment year. A plan merger or spinoff (as
defined in the regulations under section 414(l) of the
Code) is covered by this rule if —
(i) a merger is effective on the first day of the
transferee (the continuing) plan’s plan year, or a
spinoff is effective on the first day of the transferor
plan’s plan year, and
(ii) the merger or spinoff is not de minimis, as defined
in the regulations under section 414(l) of the Code
with respect to single-employer plans, or in the
PBGC’s regulation under ERISA section 4231 (29
CFR Part 4231) with respect to multiemployer plans.

date selected must also be used for purposes of prorating
the premium for the plan’s first year.
Example 5 Plan A has a calendar plan year and Plan B
has a July 1 - June 30 plan year. Effective January 1,
20067, Plan B merges into Plan A (and the merger is not
de minimis). Plan A’s premium snapshot date is January
1, 20067. (Since Plan B did not exist at any time during
20067, it does not owe a premium for the 20067 plan
year.)
Example 6 Plan A has a calendar plan year. Effective
January 1, 20067, Plan A spins off assets and liabilities to
form a new plan, Plan B (and the spinoff is not de
minimis). Plan A’s premium snapshot date is January 1,
20067. (Plan B’s premium snapshot date also is January
1, 20067, since it is a new plan that became effective on
that date.)

The following examples illustrate the determination of
the premium snapshot date. Examples 1 and 2 illustrate
the usual rule (where the premium snapshot date is the last
day of the plan year preceding the premium payment
year). Examples 3 and 4 illustrate the situation for a new
plan (where the premium snapshot date is the first day of
the premium payment year, or the first day the plan
became effective for benefit accruals for future service, if
that is later). Examples 5 and 6 illustrate the situation for
plans involved in certain mergers and spinoffs (where the
premium snapshot date is the first day of the premium
payment year).

“First Filing Due Date” means the date by which the
flat-rate premium must be paid by a plan whose participant
count for the prior year was 500 or more. For most plans,
it is the last day of the 2nd full calendar month following
the close of the preceding plan year (the last day of
February for calendar-year plans). A different rule applies
for plans changing plan years. For more details, see B.2.a.
(p. 8) and B.2.c. (p. 9).

Example 1 An ongoing plan has a plan year beginning
September 1, 20067, and ending August 31, 20078. The
premium snapshot date is August 31, 20067.

“Final Filing Due Date” means the date by which:
a. Flat-rate premiums must be paid by plans to which
the First Filing Due Date doesn’t apply,
b. Variable-rate premiums must be paid by all singleemployer plans, and
c. Flat-rate reconciliation filings (if necessary) must be
made by plans to which the First Filing Due Date applies.
For most plans, the Final Filing Due Date is the 15th
day of the 10th full calendar month following the end of
the plan year preceding the premium payment year
(October 15 for calendar-year plans). Different rules
apply for plans filing for the first time or changing plan
years. For more details, see B.2.a. (p. 8), B.2.b. (p .8), and
B.2.c. (p. 9).

Example 2 An ongoing plan changes its plan year from a
calendar year to a plan year that begins June 1, effective
June 1, 20067. For the plan year beginning January 1,
20067, the premium snapshot date is December 31, 20056.
For the plan year beginning June 1, 20067, the premium
snapshot date is May 31, 20067.
Example 3 A new calendar-year plan is adopted
December 10, 20056, effective January 1, 20067. The
premium snapshot date is January 1, 20067.
Example 4 A new calendar-year plan is adopted February
18, 20067, retroactively effective as of January 1, 20067.
The plan administrator may select either January 1 or
February 18, 20067, as the premium snapshot date; the

“Filing Due Date” means either the First Filing Due
Date or the Final Filing Due Date.

7. Definitions Relating to Premium Computations

premium chargerate by the number of participants in the
plan on the premium snapshot date. The per-participant
flat-rateflat premium rate for plan years beginning in 2006
(see Note below)2007 is $301 for single-employer plans

“Flat-rate premium” means the portion of the
premium determined by multiplying the flat-rateflat

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and $8 for multiemployer plans.
Note: The 2006 per-participant flat premium rate of
$30 for single-employer plans and $8 for multiemployer
plans was established under recently enacted legislation.
Congress is also considering other legislation that might
further change flat-rate premiums. We will make updated
information about the flat premium rate available as we
get it: check our web site (www.pbgc.gov) or call or write
us (at the address and phone numbers in item 4. under
“CONTACTS” on p. ii) for more information.

specified in the deemed cashout provision or, if no date is
specified, as of the employment termination date. If the
plan provides that zero benefit amounts will be deemed to
be paid as soon as possible, terminated non-vested
participants also will be deemed to be cashed out as of the
employment termination date.
If the plan does not have a separate cashout provision
for zero benefits but does have a mandatory cashout of
small benefit amounts (e.g., benefits less than $5,000),
terminated non-vested participants are deemed to be
cashed out in the same manner as terminated vested
participants. If the plan is silent as to the timing of actual
cashouts of terminated vested participants, the plan is
deemed to read “as soon as practicable” and the
terminated non-vested participants are deemed to be
cashed out immediately upon termination of employment.
If the plan specifies a date as of which actual cashouts of
terminated vested participants take place (e.g., on the first
day of the next month), that rule also would apply to
deemed cashouts of terminated non-vested participants.
These rules do not apply if, despite plan language, the plan
has an obvious pattern or practice of delaying distributions
for long periods of time.
For example, suppose a calendar-year plan provides
that if a participant terminates employment and the
participant’s vested benefit has a value of less than
$5,000, the plan will pay the vested benefit to the
participant in a lump sum as of the first of the month
following termination of employment. Suppose further
that no plan provisions specifically address payment of
benefits upon termination of employment by non-vested
participants. If a participant with a non-vested accrued
benefit terminates employment on December 15, 20056,
the participant will be included in the participant count as
of December 31, 20056 (because the cashout is deemed to
occur on January 1, 20067, the first of the month
following termination of employment). If, as is typically
the case for a calendar year plan, the plan’s premium
snapshot date for 20067 is December 31, 20056, a flat-rate
premium must be paid for this participant for 20067.
ii. Breaks in service. A terminated non-vested
individual ceases to be a participant for premium purposes
when the individual incurs a one-year break in service
under the plan, regardless of the length of the individual’s
absence from employment. For example, suppose that a
calendar-year plan provides that a participant who
performs 500 or fewer hours of service in a service
computation period incurs a one-year break in service for
that computation period. An individual might incur a oneyear break in service under the plan before December 31,
20056 (the premium snapshot date for the 20067
premium) if the individual left employment on February 1,
20056, and did not perform more than 500 hours of

“Variable-rate premium” means the portion of the
single-employer premium based on a plan’s unfunded
vested benefits. The assumptions used to determine
unfunded vested benefits have changed for 2007 — see
Part E. The variable-rate premium for plan years
beginning in 2006 under section 4006(a)(3)(E) of ERISA
(see Note below)2007 is $9 for every $1,000 (or fraction
thereof) of unfunded vested benefits.
Note: As these instructions were being prepared,
Congress was considering legislation that would change
the manner of determining the variable-rate premium. We
will make updated information about the variable-rate
premium available as we get it: check our web site
(www.pbgc.gov) or call or write us (at the address and
phone numbers in item 4. under “CONTACTS” on p. ii)
for more information, subject to a cap for plans of certain
small employers (as explained in part E).
“Participant” in a plan means an individual (whether
active, inactive, retired, or deceased) with respect to whom
the plan has benefit liabilities.
a. Benefit liabilities are all liabilities with respect to
employees and their beneficiaries under the plan (within
the meaning of Code section 401(a)(2)). Thus, benefit
liabilities include liabilities for all accrued benefits,
whether or not vested. In addition, a plan’s benefit
liabilities include liabilities for ancillary benefits not
directly related to retirement benefits, such as disability
benefits not in excess of the qualified disability benefit,
life insurance benefits payable as a lump sum, incidental
death benefits, or current life insurance protection. (See
Treasury Regulation § 1.411(a)-7(a)(1).)
b. An individual is not counted as a participant after
all benefit liabilities with respect to the individual are
distributed through the purchase of irrevocable
commitments from an insurer or otherwise. In addition, a
non-vested individual is not counted as a participant after
(1) a deemed “zero-dollar cashout,” (2) a one-year break
in service under plan rules, or (3) death.
i. Cashouts. If the plan has a separate cashout
provision for zero benefits, terminated non-vested
participants are deemed to be cashed out as of the date

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service during a computation period ending on November
30, 20056, even though December 31, 20056, comes
before the first anniversary of the individual’s separation
from employment. This individual would not be included
in the participant count for 20067.
If a non-vested individual incurs a break in service in
a service computation period that coincides with the plan
year preceding the premium payment year, we treat the
individual as not being a participant for purposes of
determining the premium for the premium payment year.
For example, suppose a calendar-year hours-of-service
plan requires more than 500 hours of service in a service
computation period to avoid a break in service, and a nonvested participant in the plan earns 440 hours of service in
the service computation period ending December 31,
20056. The PBGC would treat the individual as not being
a participant for purposes of the plan’s 20067 premium.
(For more detail, see the amendment to the premium
regulations’ definition of “participant,” published in the
Federal Register on December 1, 2000, at 65 FR 75160.)
c. Beneficiaries and alternate payees. Beneficiaries
and alternate payees are not counted as participants.
However, a deceased participant will continue to be
counted as a participant if there are one or more
beneficiaries or alternate payees who are receiving or have
a right to receive benefits earned by the participant.

than that to which they would otherwise be entitled;
(6) a cost-of-living increase for retirees resulting in
an increase of 5 percent or more in the plan’s liability
for accrued benefits; and
(7) any other event or trend that results in a material
increase in the value of unfunded vested benefits.
“Required Interest Rate” (see Note below) under
section 4006(a)(3)(E)(iii)(II) of ERISA is the “applicable
percentage” (currently 85100 percent) of the annual yield
on 30-year Treasury securitiesrate of interest determined
by the Secretary of the Treasury on amounts invested
conservatively in long-term investment-grade corporate
bonds for the calendar month preceding the calendar
month in which the premium payment year begins. (The
“applicable percentage” becomesbecame 100 percent
beginning with the firstfor plan year to whichs that begin
after 2006 because the firstIRS has issued new mortality
tables issued under ERISA section 302(d)(7)(C)(ii)(II) and
Code section 412(l)(7)(C)(ii)(II) that apply to plan years
beginning after 2006. Under a proposedThe IRS rule was
published in the Federal Register on December 2, 2005 (at
70 FR 72260), such tables would not apply until 2007.)
Note: The Pension Funding Equity Act of 2004
(“PFEA”) temporarily changed the Required Interest Rate
for a premium payment year beginning in 2004 or 2005 by
substituting, for the annual yield on________ __, 2006 (at
__ FR _____). Under the provisions of the Pension
Protection Act of 2006, the “applicable percentage” is
applied to the bond rate rather than the 30-year Treasury
securities, the annual rate of interest determined by the
Secretary of the Treasury on amounts invested
conservatively in long-term investment-grade corporate
bonds. PFEA does not apply for plan years beginning in
2006. However, as these instructions were being
prepared, Congress was considering legislation that could
extend use of the PFEA rate for one more year. We will
make updated information about the Required Interest
Rate available as we get it: check our web site
(www.pbgc.gov) or call or write us (at the address and
phone numbers in item 4. under “CONTACTS” on p. ii)
for more information.rate.)

“Significant Event” means any of the following
events:
(1) an increase in the plan’s actuarial costs
(consisting of the plan’s normal cost under section
412(b)(2)(A) of the Code, amortization charges under
section 412(b)(2)(B) of the Code, and amortization
credits under section 412(b)(3)(B) of the Code)
attributable to a plan amendment, unless the cost
increase attributable to the amendment is less than 5
percent of the actuarial costs determined without
regard to the amendment;
(2) the extension of coverage under the plan to a new
group of employees resulting in an increase of 5
percent or more in the plan’s liability for accrued
benefits;
(3) a plan merger, consolidation, or spinoff that is not
de minimis pursuant to the regulations under section
414(l) of the Code;
(4) the shutdown of any facility, plant, store, etc., that
creates immediate eligibility for benefits that would
not otherwise be immediately payable for participants
separating from service;
(5) the offer by the plan for a temporary period to
permit participants to retire at benefit levels greater

On or about the 15th of each month, the PBGC
publishes in the Federal Register a list of the Required
Interest Rates for the preceding 12 months. In addition,
for your convenience, the Required Interest Rate is posted
on the PBGC’s Web site. The Required Interest Rate also
can be obtained by calling (202) 326-4041.

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8. Definitions Relating to Plan Types
For purposes of determining whether a plan is a
multiemployer plan or a single-employer plan, all trades or
businesses (whether or not incorporated) that are under
common control are considered to be one employer.

(The above definition does not apply to a plan that
elected on or before September 26, 1981, with PBGC’s
approval, not to be treated as a multiemployer plan (see
ERISA section 4303). Such a plan is treated as a singleemployer plan.)

“Multiemployer plan” (subject to the provisions of
ERISA sections 3(37)(E) and (G) and 4303, dealing with
elections to be treated or not to be treated as a
multiemployer plan) means a plan —
a. to which more than one employer is required to
contribute,
b. which is maintained pursuant to one or more
collective bargaining agreements between one or more
employee organizations and more than one employer, and
c. which satisfies such other requirements as the
Secretary of Labor may prescribe by regulation.

“Single-employer plan” means any plan that doesis
not meet the above definition ofa multiemployer plan. A
single-employer plan includes a “multiple employer” plan.

9. Definitions Relating to Plan Transactions
Plan “mergers” and plan “consolidations” are
transactions in which one or more transferor plans transfer
all of their assets and liabilities to a transferee plan and
disappear (because they become part of the transferee
plan). However, there are important differences between
the two kinds of transactions. In a merger, the transferee
plan is one that existed before the transaction. In a
consolidation, the transferee plan is a new plan that is
created in the consolidation. Thus, the plan that exists
after a consolidation follows the premium filing rules for
new plans. In particular, it need not pay the flat-rate

premium by the First Filing Due Date (no matter how
many participants any of the transferor plans had for the
prior year(s)) and its Final Filing Due Date is subject to
the special rules for new plans. On the other hand, the
transferee plan in a merger follows the normal rules for
preexisting, ongoing plans.
In a “spinoff,” the transferor plan transfers only part
of its assets and/or liabilities to the transferee plan. The
transferee plan may be a new plan that is created in the
spinoff, or it may be a preexisting plan that simply
receives part of the assets and/or liabilities of the
transferor plan.

“Multiple employer plan” means a plan —
a. to which more than one employer contributes, and
b. that doesis not satisfy the definition of
multiemployer plan, or that elected on or before
September 26, 1981, with PBGC’s approval, not to be
treated as a multiemployer plan (see ERISA section 4303).

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Part B ABCs OF PREMIUM FILING
by the same sponsoremployer or the sponsorsby employers
that are part of the same controlled group, then the plan
administrator(s) must file and pay premiums separately for
each plan.

1. Who Must File
a. All Covered Plans Must File
The plan administrator of each single-employer plan
and multiemployer plan covered pension plan under
section 4021 of ERISA is required annually to file the
prescribed premium information and pay the premium due
in accordance with the PBGC’s premium regulations and
instructions. Most private-sector defined benefit plans
that meet tax qualification requirements are covered. If
you are uncertain whether your plan is covered under
section 4021, you should promptly request a coverage
determination. Contact us as described in item 6. under
“CONTACTS” on p. ii.
A request for a coverage determination does not
extend the due date for any premium that is finally
determined to be due.
If your plan is covered under section 4021 of ERISA,
you must make a premium filing even if no premium is
owed. This may happen if your plan is a new plan that
grants no past service credits, so that there are no benefit
liabilities on the premium snapshot date. (A plan with no
benefit liabilities has no participants for premium
purposes (see the instructions for item 13 of Form 1-EZ
(p. 24) or Form 1 (p. 30)the participant count in Parts C
and D) and no unfunded vested benefits.) The premium
filing certifies that there are no participants and that no
premium is owed.

c. When Filing Obligation Ceases
You must continue to make premium filings and pay
premiums through and including the plan year in which
any of the following occurs:
i. Plan assets are distributed in satisfaction of all
benefit liabilities pursuant to the plan’s termination. (For
rules on exemption from the variable-rate premium for
terminating plans that have not yet distributed assets, see
Part C, item 12(d), p. 22.)
ii. A trustee is appointed for the plan under ERISA
section 4042.
iii. The plan disappears by transferring all its assets
and liabilities to one or more other plans in a merger or
consolidation.
iv. The plan ceases to be a covered plan under section
4021 of ERISA. If this happens, notify us promptly to let
us know that we should not expect further premium filings
for your plan.
If a plan terminates and a new plan is established,
premiums are due for the terminated plan as described
above, and premiums are also due for the new plan from
the first day of its first plan year (see B.2.b., p. 8).
Example 1 A calendar year plan terminates in a standard
termination with a termination date of September 30,
20056. On April 7, 20067, assets are distributed in
satisfaction of all benefit liabilities. Since the terminating
plan is undergoing a standard termination, no trusteeship
is involved. The plan administrator must file and make the
premium payments due for the 20056 and 20067 plan
years. (The 20067 premium may be prorated. See B.5., p.
13.)

b. One Plan, Or More Than One?
If several unrelated employers participate in a program
of benefits wherein the funds attributable to each
employer are available to pay benefits to all participants,
then there is a single multiemployer or multiple-employer
plan and the plan administrator must file and pay
premiums for the plan as a whole. Separate filings and
premiums cannot be submitted for each individual
employer.
If several employers participate in a program of
benefits wherein the funds attributable to each employer
are available only to pay benefits to that employer’s
employees, then there are several plans (one for each
employer) and the plan administrator must file and pay
premiums separately for the plan of each individual
employer.
If separate plans are maintained for different groups of
employees, regardless of whether each has is maintained

Example 2 A plan with a plan year beginning July 1 and
ending June 30 terminates in a distress termination with a
termination date of April 28, 20067. On July 7, 20067, a
trustee is appointed to administer the plan under ERISA
section 4042. Premium filings and payments must be
made for this plan for both the 20056 and 20067 plan
years, because a trustee was not appointed until after the
beginning of the 20067 plan year. (The 20067 premium
may be prorated. See B.5., p. 13.)

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The number of participants decreases during 20056,
and the participant count on December 31, 20056, is 450.
For 20067, the participant count (450) is determined as of
December 31, 20056, the plan’s 20067 premium snapshot
date. The plan must pay a flat-rate premium for 450
participants by the First Filing Due Date (February 28,
20067) because it was required to pay premiums for 650
participants for the preceding year (20056), determined as
of January 1, 20056, its 20056 premium snapshot date.

2. When to File
NOTE: For disaster relief, see the instructions for theon
information to report regarding disaster relief check boxes
on Form 1-EZ (p. 19)in Parts C and Form 1 (p. 27)D.
a. Filing Dates For Most Plans
There are two Filing Due Dates — the First Filing
Due Date and the Final Filing Due Date.
For most plans:
i. The “First Filing Due Date” is the last day of the
2nd full calendar month followingin the close of the
preceding plan year (e.g., the last day of February for
calendar-year plans), and
ii. The “Final Filing Due Date” is the 15th day of the
10th full calendar month following the end ofin the plan
year preceding the premium payment year (e.g., October
15 for calendar-year plans).
There are special due date rules for plans filing for the
first time (see B.2.b., p. 8) and plans changing plan years
(see B.2.c., p. 9).
The First Filing Due Date applies only to the flat-rate
premium filings for certain large plans. Whether you need
to make a flat-rate premium filing and payment by the
First Filing Due Date depends on the number of plan
participants for whom you were required to pay premiums
for the plan year preceding the premium payment year
(i.e., for 20067 premiums, the 20056 participant count).
Plans that were required to pay premiums for 500 or
more participants for the preceding plan year must pay the
flat-rate premium (or an estimate) with required
information by the First Filing Due Date. If an estimated
filing is made, or if the plan’s total premium is not paid in
full, the plan must make a final (reconciliation) filing with
any required payment by the Final Filing Due Date. Only
the flat-rate premium is due by the First Filing Due Date;
the variable-rate premium for single-employer plans is due
by the Final Filing Due Date. For large multiemployer
plans (which pay only the flat-rate premium), the entire
premium is due by the First Filing Due Date.

A plan required to pay premiums for fewer than 500
participants for the preceding year is required to make its
premium filing and pay the entire premium due by the
Final Filing Due Date.
The following table shows the Filing Due Dates for
most plans for the 20067 premium payment year.

Example A new calendar-year plan was adopted and
effective on January 1, 20056, and had 650 participants on
that date. Since the plan was not required to pay
premiums for 20045 (because it was not in existence
then), it was not required to pay its 20056 flat-rate
premium by the First Filing Due Date in 20056 (February
28, 20056). It was required to pay its 20056 flat-rate and
variable-rate premiums by the 20056 Final Filing Due
Date (October 176, 20056). As a new plan, its 20056
premium snapshot date was January 1, 20056 (the first day
of the plan year). The 20056 flat-rate premium was based
on a participant count of 650 as of January 1, 20056.

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20067
Filing Due Dates
Premium
Payment
First Filing Final Filing
Year Begins
Due Date
Due Date
01/01/20067
02/28/200602/28/2007 10/16/200
6*10/15/2007
01/02 - 02/01/20067
03/31/200604/02/2007*
11/15/20067
02/02 - 03/01/20067
05/01/2006*04/30/2007
12/15/200612/17/2007*
03/02 - 04/01/20067
05/31/20067
01/16/2007*01/15/2008
04/02 - 05/01/20067
06/30/200607/02/2007*
02/15/20078
05/02 - 06/01/20067
07/31/20067
03/15/200703/17/2008*
06/02 - 07/01/20067
08/31/20067
04/16/2007*04/15/2008
07/02 - 08/01/20067
10/02/2006*10/01/2007*
05/15/20078
08/02 - 09/01/20067
10/31/20067
06/15/200706/16/2008*
09/02 - 10/01/20067
11/30/20067
07/16/2007*07/15/2008
10/02 - 11/01/20067
01/02/2007*12/31/2007
08/15/20078
11/02 - 12/01/20067
01/31/20078
09/17/2007*09/15/2008
12/02 - 12/31/20067
02/28/200702/29/2008
10/15/20078
* NOTE: If your filing is not made by this date, penalty and interest
will be calculated from the last day of the month (for large plans’ flatrate premium payments) or the 15th of the month (for other premium
payments) rather than the following business day — e.g., from Sunday
10/15/2006Saturday 12/15/2007 rather than Monday
10/16/200612/17/2007, or from Sunday 4/30/2006Saturday 3/31/2007
rather than Monday 5/1/20064/2/2007.

b. Plans Filing For The First Time
New and newly covered plans do not pay an estimated
premium by athe First Filing Due Date.
For a plan filing for the first time, the “Final Filing
Due Date” is the latest of the following dates:
(i) The 15th day of the 10th full calendar month that
begins on or after the first day ofin the premium payment
year,
(ii) The 15th day of the 10th full calendar month that
begins on or after the day on which the plan became
effective for benefit accruals for future service,
(iii) 90 days after the date of the plan’s adoption, or
(iv) 90 days after the date on which the plan became
covered under ERISA section 4021.

If the adoption date of a newly created plan covered
under section 4021 of ERISA is after its effective date
(i.e., the plan is adopted retroactively), the first day of the
premium payment year that you use for purposes of
paragraph (i) above must also be used as the premium
snapshot date.
The following examples show how the definition of
the Final Filing Due Date works for plans filing for the
first time.
Example 1 A new plan has a calendar plan year. The
plan was adopted October 1, 20056, and became effective
for benefit accruals January 1, 20067. The Final Filing
Due Date for the 20067 plan year is October 165, 20067.
Example 2 A new plan is adopted on December 1, 20067,
and has a July 1 - June 30 plan year. The plan became
effective for benefit accruals for future service on
December 1, 20067. The Final Filing Due Date for the
plan’s first year, December 1, 20067, through June 30,
20078, is September 175, 20078. (The 20067 premium
may be prorated. See B.5., p. 13.)
Example 3 A newly created plan covered under section
4021 of ERISA has a calendar plan year. The plan was
adopted on AugustSeptember 168, 20067, with a
retroactive effective date of January 1, 20067. If the plan
administrator elects to use January 1, 20067, as the
premium snapshot date, the Final Filing Due Date for the
20067 plan year is NovemberDecember 147, 20067 (90
days after the date of the plan’s adoption). If the plan
administrator elects to use AugustSeptember 168, 20067,
as the premium snapshot date, the Final Filing Due Date
for the 20067 plan year is Junely 15, 20078 (the 15th day
of the tenth full calendar month that begins on or after
AugustSeptember 168, 20067, the first day of the premium
payment year). (If AugustSeptember 168, 20067, is used
as the first day of the premium payment year, the premium
for the short plan year may be prorated. See B.5., p. 13.)
Example 4 A professional service employer maintains a
plan with a calendar plan year. If this type of plan has
never had more than 25 active participants since
September 2, 1974, it is not a covered plan under ERISA
section 4021. On October 18, 20067, the plan, which
always had 25 or fewer active participants, has 26 active
participants. It is now a covered plan and will continue to
be a covered plan regardless of how many active
participants the plan has in the future. The Final Filing
Due Date for the 20067 plan year is January 16, 20078, 90
days after the date on which the plan became covered.
(The premium for the short plan year may be prorated.
See B.5., p. 13.)

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The Final Filing Due Date is February 15, 20078. (The
premium for the short plan year may be prorated. See B.5,
p. 13.)

c. Plans Changing Plan Years
For a plan that changes its plan year, the Filing Due
Dates for the short year are unaffected by the change in
plan year. For the first plan year under the new plan year
cycle:
(i) The “First Filing Due Date” is the later of the last
day of the 2nd full calendar month following the close of
the preceding plan year, or 30 days following the date on
which a plan amendment changing the plan year was
adopted, and
(ii) The “Final Filing Due Date” is the later of the
15th day of the 10th full calendar month following the end
of the plan year preceding the premium payment year, or
30 days after the date on which a plan amendment was
adopted changing the plan year.
The following examples show how the definition of
the Final Filing Due Date works for plans changing plan
years.

d. Saturday, Sunday, And Federal Holiday
i. Filing Due Dates. In computing any period of time
described in the premium regulations and these
instructions, the day of the event or default from which the
period of time begins to run is not counted. The last day
of the period is counted, unless it falls on a Saturday,
Sunday or Federal holiday, in which case the period runs
until the end of the next day which is not a Saturday,
Sunday, or Federal holiday.
Example Plans with plan years beginning on Julyne 1,
20067, normally would have a Final Filing Due Date of
AprilMarch 15, 20078. Because that day is a
SundaySaturday, the due date is Monday, AprilMarch 167,
20078.

Example 1 By plan amendment adopted on December 1,
20056, a plan changes from a plan year beginning January
1 to a plan year beginning June 1. This results in a short
plan year beginning January 1, 20067, and ending May 31,
20067. The plan always has fewer than 500 participants.
The Final Filing Due Date for the short plan year is
October 165, 20067. The Final Filing Due Date for the
new plan year beginning on June 1, 20067, is March 157,
20078. (The premium for the short plan year may be
prorated. See B.5, p. 13.)

ii. Interest and Penalty Charges. When computing
late payment interest and penalty charges, Saturdays,
Sundays, and Federal holidays are included.
e. Filing Method and Filing Date

Example 2 By plan amendment adopted on January 37,
20078, and made retroactively effective to April 1, 20067,
a plan changes from a plan year beginning on March 1 to a
plan year beginning on April 1. The plan always has
fewer than 500 participants. The Final Filing Due Date
for the short plan year that began on March 1, 20067, is
December 157, 20067. The Final Filing Due Date for the
new plan year, which began April 1, 20067, is February
26, 20078, 30 days after the adoption of the plan
amendment changing the plan year. (The premium for the
short plan year may be prorated. See B.5, p. 13.)
Example 3 By plan amendment adopted on July 59,
20067, and made retroactively effective to May 1, 20067,
a plan changes from a plan year beginning February 1 to a
plan year beginning May 1. The plan always has 500 or
more participants. The First Filing Due Date for the short
plan year is March 31April 2, 20067, and the Final Filing
Due Date is November 15, 20067. The First Filing Due
Date for the new plan year, which began May 1, 20067, is
August 48, 20067, which is the later of the end of the
second full calendar month after the close of the short plan
year or 30 days after adoption of the plan amendment.

The PBGC expects to publish in early 2006 a final
rule making eElectronic premium filing mandatory for
2006 premium filings made on or after July 1, 2006, for
large plans (plans that were required to pay premiums for
500 or more participants for the plan year preceding the
premium payment year) is mandatory for all plans for the
2007 plan year. (Payment may be made separately by
paper check if desired.) PBGC may grant an exemption
from the requirement to make a premium filing
electronically for good cause in appropriate circumstances.
See B.3.g., below.
If your plan is not subject to the electronic filing
requirement (or if you have an exemption from the
electronic filing requirement for this filing), you may
make youra paper premium filing and payment (if by
check, with your premium form) by hand, mail, or
commercial delivery service; electronic filing is optional,
using PBGC forms that you can download from PBGC’s
Web site or obtain by contacting PBGC as described in
item 4 under “CONTACTS” on p. ii. You can find
detailed rules on filing methods and on how we determine
your filing date (for electronic filings as well as for other
filings) in Part 4000 of our regulations (available on the
PBGC’s Web site, www.pbgc.gov).
The discussion below describes the rules for filings
other than electronic filings. See Part B.4.b.ii., p. 13 of
these instructions for information on electronic funds

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transfers. See p. 45 for information about how to file
electronically using My PAA, our electronic premium
filing method.
Under our filing rules, your filing date is the date you
send your filing, provided you meet certain requirements
that are summarized below. If you do not meet these
requirements, your filing date is the date we receive your
submission. However, if we receive your submission after
5:00 p.m. (our time) on a business day, or anytime on a
weekend or Federal holiday, we treat it as received on the
next business day. (If you file your submission by hand,
your filing date is the date of receipt of your handdelivered submission at the proper address.)
Filings by mail. If you file your submission using the
U.S. Postal Service, your filing date is the date you mail
your submission by the last collection of the day, provided
the submission: (1) meets the applicable postal
requirements; (2) is properly addressed; and (3) is sent by
First-Class Mail (or another class that is at least
equivalent). (If you mail the submission after the last
collection of the day, or if there is no scheduled collection
that day, your filing date is the date of the next scheduled
collection.) If you meet these requirements, we make the
following presumptions:
Legible postmark date. If your submission has a
legible U.S. Postal Service postmark, we presume that the
postmark date is the filing date.
Legible private meter date. If your submission has a
legible postmark made by a private postage meter (but no
legible U.S. Postal Service postmark) and arrives at the
proper address by the time reasonably expected, we
presume that the metered postmark date is your filing date.
Filings using a commercial delivery service. If you
file your submission using a commercial delivery service,
your filing date is the date you deposit your submission by
the last scheduled collection of the day for the type of
delivery you use (such as two-day delivery or overnight
delivery) with the commercial delivery service, provided
that the submission meets the applicable requirements of
the commercial delivery service and is properly addressed,
and the delivery service meets one of the requirements
listed below. If you deposit it later than that last
scheduled collection of the day, or if there is no scheduled
collection that day, your filing date is the date of the next
scheduled collection. The delivery service must meet one
of the following requirements:
Delivery within two days. It must be reasonable to

expect your submission will arrive at the proper address
by 5:00 p.m. on the second business day after the next
scheduled collection; or
Designated delivery service. You must use a
“designated delivery service” under section 7502(f) of the
Internal Revenue Code (Title 26, USC). Our Web site,
www.pbgc.gov, lists those designated delivery services.
You should make sure that both the provider and the
particular type of delivery (such as two-day delivery) are
designated.

3. What to File
a. General
The PBGC expects to publish in early 2006 a final
rule making eElectronic filing mandatory for 2006

premium filings made on or after July 1, 2006, for large
plans (plans that were required to pay premiums for 500 or
more participants for the plan year preceding the premium
payment year). See Part Gis mandatory for all plans for

f. Relationship Between Final Premium Filing And
Annual Report (Form 5500 Series)
i. Due Dates. For most plans, the deadline for the
final premium filing and the annual report (Form 5500
series) will coincide. This occurs when a corporate plan
sponsor applies for the 2½-month extension for filing
itsthe annual report (Form 5500). Note: An extension of
time to file the annual report (Form 5500 series) beyond
the final premium filing deadline does not extend the
Filing Due Dates for PBGC premiums.
Example A plan whose plan year begins February 1 has
a Final Filing Due Date of November 15. The corporate
plan sponsor applies for the 2½-month extension for filing
the annual report (Form 5500). This would make the due
date for the annual report (Form 5500 series) (which is
normally August 31 for a plan whose plan year begins
February 1) also November 15.
ii. Plan Years Covered By Filings. Although the
filing deadlines for premiums and for the annual report
(Form 5500 series) typically coincide, and the participant
counts for premium purposes and for item 7 of the Form
5500 series are generally determined as of the same date
(i.e., the last day of the plan year preceding the year of the
filing), there is a critical difference between the two
filings. The premium filing is for the current plan year,
and the annual report (Form 5500 series) is for the
previousprior plan year. (For example, if the plan sponsor
of a plan whose plan year begins February 1 applies for
the 2½-month extension for filing the annual report (Form
5500), the 20067 final premium filing and 20056 annual
report (Form 5500) must be filed by November 15,
20067.)

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2007. (Payment may be made separately by paper check if
desired.) PBGC may grant an exemption from the
requirement to make a premium filing electronically for
good cause in appropriate circumstances. See B.3.g.,
below.
If your plan is not subject to the electronic filing
requirement (or if you have an exemption from the
electronic filing requirement for this filing), and you
choose to make a paper filing, you must makeThis booklet
describes the information you must report in your final
premium filing by the Final Filing Due Date using the
following form(s): . To make it easier for you to find the
instructions about the information you need to submit,
they are presented in the same groupings and in the same
order that was used in prior years’ booklets for PBGC
paper forms. If you use My PAA’s data entry and editing
screens to prepare your filing, complete instructions about
the information you must submit is available by clicking
on the instructions link by each data field. The following
table shows the Parts of this booklet that contain the
instructions for each type of plan and filing:
Type of plan
Multiemployer plan
Single-employer plan that
claims an exemption from
the variable rate premium
Single-employer plan that
does not claim an
exemption from the
variable-rate premium
(even if the variable-rate
premium is zero)

FormApplicable Part(s) to
use
Part D (previously using
Form 1 alone)
Part C (previously using
Form 1-EZ alone1-EZ)
Parts D and E (previously
using Form 1 with
Schedule A)

(The flat-rate premium for a plan that was required to
pay premiums for 500 or more participants for the plan
year preceding the premium payment year must be paid by
the First Filing Due Date. These filings may be made on
an estimated basis. If you know all the information
needed to make a final filing before the First Filing Due
Date, you may make a final filing instead of an estimated
filing. If you make an estimated filing, you will still be
required to make a final filing by the Final Filing Due
Date.)
b. Cover letters
Paper premium formsIf you have an exemption from
the e-filing requirement and you file on paper, your paper
filing should be sent without a cover letter. If you need to
submit additional information with your filing, it should
be in an attachment (and you should check the attachment

box in item 19 of Form 1-EZ or item 18 of Form 1).
c. Exemption From Variable-Rate Premium
A single-employer plan may claim an exemption from
the variable-rate premium only if it meets the requirements
for one of the exemptions described in the instructions for
item 12 of Form 1-EZ in Part C. Having a variable-rate
premium of zero is not the same as being exempt from the
variable-rate premium. To be exempt, the plan must meet
the requirements for one of the exemptions. Briefly, the
exemptions in item 12 of Form 1-EZPart C are for:
i. Plans with no vested participants;
ii. Section 412(i) plans;
iii. Fully funded small plans;
iv. Plans terminating in standard terminations; and
v. Plans at the full funding limit.
For a more complete description, see the instructions for
item 12 of Form 1-EZ in Part C, p. 22.
d. Plans With A Variable-Rate Premium Of Zero That
Also Qualify For An Exemption
If your single-employer plan has a variable-rate
premium of zero and also qualifies for an exemption from
the variable-rate premium, you may either file Form 1EZunder Part C (claiming the exemption) or file Form
1under Parts D and Schedule AE (reporting a variable-rate
premium of zero). In general, it will be easier to file Form
1-EZunder Part C.
(For example, a new plan that has no benefit liabilities
on the premium snapshot date will have no unfunded
vested benefits and thus will also qualify for the
exemption for plans with no vested participants and, if it is
a small plan, for the exemption for fully funded small
plans.)
e. WhereHow To Obtain Forms
Forms are included in the 2006 Premium Payment
Package. You may also use forms downloaded from
the PBGC Web site (www.pbgc.gov) or computergenerated paper forms provided by a vendor that has
received PBGC approval for automated (computergenerated) versions of the formsInstructions
The easiest way to get the most current information
and instructions for premium filings (both estimated and
final) is to go to PBGC’s Web site. In addition, for
premium payment years beginning after 2001, we will
accept photocopies of the forms. The forms you file must
have original signatures.
Text Was Moved From Here: 1
i. 2006 Premium Payment Package. We will mail a
2006 Premium Payment Package containing Form 1-EZ,

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Form 1, and Schedule A,if you use My PAA’s data entry
and editing screens to make your filing, instructions for
each data item are available by clicking the instructions
link by the item.
We will mail 2007 Instructions for Final Premiums
and, as appropriate, a 20062007 Instructions for Estimated
Premium Payment Package,Premiums to the plan
administrator of each ongoing plan for which a 20056
final premium filing was made, unless you have indicated
that you do not want paper forms and instructions sent to
you. We mail these packages to the plan administrator’s
address shown in the 20056 final premium filing. Our
target dates for mailing premium instructions are seven
months before the expected Final Filing Due Date for final
premium instructions and two months before the expected
First Filing Due Date for estimated premium instructions.

printer with resolution of 300 DPI (dots per inch) or
higher. Please make sure that you have adequate toner in
your printer cartridge. Thermal or dot matrix (9 or 24 pin)
printers are not recommended for printing the premium
forms. Do not use any printing options, such as “Fit to
Page,” that may tend to enlarge or reduce the size of the
image. Please make sure no part of the form is missing
after it is printed. Please also make sure the forms print
with the proper number of pages: the Form 1-EZ, Form 1,
and Schedule A require two pages each.
Any vendor requesting approval of automated forms
may send a sample to the address in item 10. under
“CONTACTS” on p. ii. Include 3 original forms produced
by your software and a brief note requesting PBGC review
of the forms.

Text Moved Here: 1
It is your responsibility as plan administrator to obtain
the necessary formsinstructions and submit filings on time.
(You should ensure that you maintain an updated address
with the PBGC so that we can mail premium instructions
to you. See the instructions for information about the plan
administrator in Part C, item 2, p. 19, or Part D, item 2, p.
27, and B.6.e., p. 16.)
End Of Moved Text
If you are a plan administrator and you do not receive
final premium instructions and/or instructions for
estimated premiums, or if you need extra copies, contact
us as described in item 4. under “CONTACTS” on p. ii.
You may also obtain extra copies of the 2006
Premium Payment Package2007 Instructions for Final
Premiums and/or Instructions for Estimated Premium
Payment Package and formsPremiums from the Employee
Benefits Security Administration of the U.S. Department
of Labor (see addresses at the end of this Premium
Payment Package).
If you are a pension practitioner serving many covered
plans, you may wish to receive a bulk shipment of the
2006 Premium Payment Package and/or Estimated
Premium Payment Package and forms. If so, complete the
order blank at the end of this Premium Payment Package.
Check the applicable box on the order blank.

f.

ii. Computer-Generated Forms. There are some
companies that will provide software that generates
PBGC-approved forms. These forms have been given a 6digit approval number that appears on each form. These
forms are acceptable for submission. In addition, you may
download premium forms from the PBGC Web site
(www.pbgc.gov).
To achieve the best results when printing computergenerated or downloaded forms, use a laser or inkjet

iii. Forms For Prior Years.
Instructions (and Forms) for Prior Years
If you are filing for a previous year, you must follow
the instructions for that year, and if you make a paper
filing, you must use the properprior year’s form(s). To
obtain the form(s), you may use the Premium Payment
Package Order Form at the end of this package or
contactPrior years’ instructions and forms are available on
PBGC’s Web site (www.pbgc.gov). You may also obtain
the instructions and form(s) by contacting us as described
in item 4. under “CONTACTS” on p. ii.
f. How to Fill Out Forms
The premium forms are in Optical Character
Recognition (OCR) format. This enables PBGC to
process your plan information quickly and accurately.
The OCR process requires that you print data clearly
within the boxes provided on the forms or by using the
order form at the end of this booklet. Paper forms that you
file must have original signatures.
g. Exemption From the E-Filing Requirement
If you are subject to the requirement to file
electronically, the PBGC may grant an exemption from the
electronic filing requirement for good cause in appropriate
circumstances. The PBGC will weigh each request for
exemption on the basis of the particular facts and
circumstances presented. In order to provide the PBGC
adequate time to review and respond to an exemption
request, the request should be submitted as early as
possible, preferably at least 60 days before the filing due
date. If for some reason an exemption request is not
submitted before the filing due date and a paper filing is
made, an exemption request should accompany the paper
filing.
If the PBGC has granted you an exemption from

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electronic filing for the 20067 final premium declaration,
you may make your filing using the paper form(s)
included with this booklet. Check the box in item 3(d) of
Form 1 or Form 1-EZ to indicateon paper. You must file
using PBGC forms that can be downloaded from PBGC’s
Web site or obtained from PBGC as described in item 4.
under “CONTACTS” on p. ii. Follow the instructions in
Part C or D for reporting that you have an exemption.
If you do not have an exemption but you choose to
make a paper filing in anticipation of an exemption, you
may make your estimated filing using theon PBGC’s paper
form(s) included with this booklet, but you must check the
box in item 3(d) of Form 1 or Form 1-EZ to indicateforms,
but you must report that you do not have an exemption,

and you must provide an explanation. Either indicate
when you submitted the exemption request to which the
PBGC has not yet responded, or attach your exemption
request. If you do not receive the anticipated exemption,
your paper filing will not satisfy the electronic filing
requirement.
Failure to comply with the electronic filing
requirement without an exemption is subject to penalty
under section 4071 of ERISA.
Addresses for exemption requests (and for questions
regarding exemption requests) and for paper forms are in
item 4. under “CONTACTS” on page ii.
Addresses for paper filings and related premium
payments are in item 3. under “CONTACTS” on page ii.

9000 Haggerty Road
Dept. 77430
Mail Code MI1-8244
Belleville, MI 48111

4. Where to File
a. Where to File Paper Forms.
Electronic premium filing is done through PBGC’s
e-filing application, My PAA (“My Plan Administration
Account”), which you access through PBGC’s Web site,
www.pbgc.gov. Although e-filing of premium
information through My PAA is mandatory, premium
payments may be made outside of My PAA if you choose.
My PAA has instructions for payment both within
My PAA and outside My PAA.
If you have an exemption from the e-filing
requirement, and you choose to make a paper filing, the
following instructions apply:

b. Where to Send Payments.
i. Checks. If you pay by check, write the EIN/PN
(from item 3(a) and (b) of Form 1-EZ or Form 1) and the
date the premium payment year commenced (PYC) on the
check and send the check with your premium form(s)filing
to the applicable address above.
ii. Electronic funds transfers. If you pay by electronic
funds transfer (ACH or Fedwire), make the transfer to:

a. Where to Send Paper Filings.
i. Mail Service. Mail your paper premium
form(s)filing with your premium payment (if you pay by
check) to:
Pension Benefit Guaranty Corporation
Dept. 77430
P.O. Box 77000
Detroit, MI 48277-0430
Do not use this address for any purpose except to mail
your premium form(s)filing and your premium payment
check(s).
ii. Delivery Service. Alternatively, if you use a
delivery service that does not deliver to a P.O. Box, your
paper premium form(s)filing, along with your premium
payment (if you pay by check), may be hand-delivered to:
Pension Benefit Guaranty Corporation
JPMorgan Chase Bank, N.A.

JPMorgan Chase Bank, N.A.
ABA:
071000013
Account:
656510666
Beneficiary: PBGC
Reference:
“EIN/PN: XX-XXXXXXX/XXX
PYC: MM/DD/YY”
Report the EIN/PN from item 3(a) and (b) of Form 1-EZ
or Form 1 and the date the premium payment year
commenced (PYC) in the payment ID line of the
electronic funds transfer in the format “EIN/PN: XXXXXXXXX/XXX PYC: MM/DD/YY.” Since we process
these payments electronically, strict adherence to this
format is required for accurate and timely application of
your payment. Any deviation from the prescribed format
may result in our sending you a bill for premium, interest,
and penalty if our automated system cannot apply your
payment.

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5. Prorating Your Premium
a. General. You are allowed to pay a prorated premium
for certain short plan years:
! a short first year of a new or newly covered plan;
! a short year created by an amendment that changes
the plan year (but note that an amendment is not
considered to change the plan year if the plan merges into
or consolidates with another plan or otherwise ceases its
independent existence either during the short plan year or
at the beginning of the full plan year following the short
plan year);
! a short year created by distribution of plan assets
pursuant to plan termination; or
! a short year created by the appointment of a trustee
for a single-employer plan under ERISA section 4042.
The proration is based on the number of full and
partial months in the short plan year. Alternatively, you
may pay a full year’s premium and either (1) request that
the PBGC compute and pay a partial refund or (2) claim a
credit in the next year’s premium filing. (No premium
proration is allowed where a plan disappears by merger or
consolidation into another plan or where a plan ceases to
be a covered plan before the end of the plan year.) The
short year need not have ended by the time you pay a
prorated premium, but if the plan year turns out to be
longer than you anticipated, you will have to make up any
premium underpayment (which will be subject to interest
and penalties).
b. How to prorate the premium yourself. To pay a
prorated premium, you first determine the premium
without proration, then subtract a credit that brings the
premium down to the prorated amount:
(1) The total premium amount that you enter in item
14 of Form 1-EZ or Form 1report must be calculated as if
there were no short-year proration. If you are using Form
1, refer to the amount in item 14(a) if your plan is a
multiemployer plan or to item 14(d) if your plan is a
single-employer plan.
(2) To determine the proration credit for the short plan
year, multiply the total premium in item 14 of Form 1-EZ
or Form 1 by the following fraction:
12 minus number of months in short year
12
In determining the numerator of the fraction, any partial
month in the short plan year must be counted as a full
month. See Note — Counting Months for Proration,
below. If the adoption date of a newly created plan
covered under section 4021 of ERISA is after its effective
date (i.e., the plan is adopted retroactively), the premium

snapshot date you use (i.e., either the adoption date or the
effective date) must be used as the first day of the
premium payment year for purposes of determining the
number of months in the plan’s first year.
(3) Enter tThe result from step (2) (plus any other
available credits) in item 15(b) of Form 1-EZ or Form 1is
your short-year credit. It is included in the “other credits”
that you report.
(4) Subtracting item 15(c) of Form 1-EZ or Form 1the
total credit (which includes the amount in item
15(b)“other credits”) from item 14 of Form 1-EZ or Form
1the total premium will have the effect of prorating the
amount in item 14total premium.
For example, suppose your plan year has been
changed by amendment from a calendar year to a year
beginning July 15, effective July 15, 20067. Assume that
your premium for the plan year beginning January 1,
20067, calculated as if there were no short-year proration,
would be $11,400. This is the amount you would enter in
item 14 of Form 1-EZ or Form 1report as the total
premium for the plan year beginning January 1, 20067. If
you choose to prorate your premium for that year, you
would determine your short-year credit by multiplying
$11,400 by 5/12. (The number of full and partial months
in your short year — i.e., January through July of 20067
— is 7, so the numerator of the fraction is 5 — i.e., 12
minus 7.) This gives you a short-year credit of $4,750 (for
the five months of August through December of 20067),
which you would enter in item 15(b) of Form 1-EZ or
Form 1report as “other credits” for the plan year beginning
January 1, 20067. Assuming you have no other credits,
you would pay $6,650 (i.e., $11,400 minus $4,750) with
the Form 1-EZ or Form 1.
Note — Counting Months for Proration
Each “plan month” (i.e., each month in the plan year)
generally begins on the same day of each successive
calendar month. For example, if the plan year begins on
July 1, the first day of each successive calendar month is
the beginning of a new plan month; similarly, if the plan
year begins on January 15, the second plan month begins
on February 15, the third plan month on March 15, etc.
Thus, if a short final year begins on January 1 and ends on
June 1, there would be 6 (full or partial) months in the
short year. (The last (partial) month, beginning (and
ending) on June 1, would count as a full month for
purposes of prorating the premium.) Similarly, if a short
first year begins on July 31 and ends on December 31,
there would also be six (full or partial) months in the short
year.
There are two special rules when a plan year begins at
or near the end of a calendar month:
!If! If the plan year begins on the last day of a
calendar month, successive plan months begin on the

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last day of successive calendar months. For example,
if the plan year begins on November 30, successive
plan months begin on December 31, January 31, the
last day of February (the 28th or 29th), March 31, etc.
!If! If the plan year begins on the 29th or 30th of a
calendar month other than February, the plan month
beginning in February begins on the last day of
February. For example, if the plan year begins on
November 29, successive plan months begin on
December 29, January 29, the last day of February
(the 28th or 29th), March 29, etc. If the plan year
begins on December 30, successive plan months
begin on January 30, the last day of February (the
28th or 29th), March 30, April 30, etc.
c. How to request a partial refund. To request a partial
refund, write promptly, under separate cover, to the
address in item 4.a. or 4.b. under “CONTACTS” on p. ii.
Enclose a copy of the Form 1-EZ or Form 1premium
information that you filed. We will calculate the amount
of your refund. If you want your refund paid by electronic
funds transfer, you must include the bank routing number
and account number (and any sub-account number) with
your request and indicate whether the account is a
checking account or savings account.
d. For proration purposes, the short first year of a new
plan is treated as beginning on the premium snapshot date,
and the short first year of a newly covered plan is treated
as beginning on the date when the plan becomes covered
under section 4021 of ERISA.
e. For proration purposes, a terminating plan’s final
(short) plan year is treated as ending on —
i. for a multiemployer plan that distributed all its
assets pursuant to section 4041A of ERISA, the date the
distribution is completed; or
ii. for a single-employer plan, the earlier of the dates
described in (1) and (2) below:
(1) the date on which the distribution of the plan’s
assets in satisfaction of all benefit liabilities was
completed; or
(2) the date that a trustee for the terminating plan was
appointed under ERISA section 4042.

months (December 20067 - June 20078). Alternatively,
the plan administrator may pay a full year’s premium and
either (1) claim a credit on the next year’s premium filing
or (2) request a refund for the period of July - November
20067.
Example 2 By plan amendment adopted on December 1,
20056, a plan changes from a plan year beginning January
1 to a plan year beginning June 1. This results in a short
plan year beginning January 1, 20067, and ending May 31,
20067. The plan administrator may prorate the premium
for the short plan year and pay for only five months
(January - May 20067). Alternatively, the plan
administrator may pay a full year’s premium and either (1)
claim a credit on the next year’s premium filing or (2)
request a refund for the period of June - December 20067.
Example 3 On October 15, 20067, the plan administrator
of a calendar year plan pays the plan’s premium for the
plan year beginning January 1, 20067. The plan
administrator expects a plan amendment to be adopted in
November 20067, and made retroactively effective to
February 1, 20067, changing from a plan year beginning
on January 1 to a plan year beginning on February 1. In
determining the premium for the plan year beginning
January 1, 20067, the plan administrator may anticipate
the adoption of the amendment and prorate the premium
for the short plan year, paying for only one month
(January 20067). (If the amendment is not adopted, an
amended filing would have to be made, and the additional
amount of premium owed would be subject to interest and
penalty.) Alternatively, the plan administrator may pay a
full year’s premium and either (1) claim a credit on the
next year’s premium filing or (2) request a refund for the
period of February - December 20067.

f. Examples. The following examples illustrate the
proration of premiums.

Example 4 By plan amendment adopted on June 5,
20067, and made retroactively effective to April 1, 20067,
a plan changes from a plan year beginning January 1 to a
plan year beginning April 1. The plan has a short year
beginning January 1, 20067, and ending March 31, 20067.
The plan administrator may prorate the premium for the
short plan year and pay for only three months (January March 20067). Alternatively, the plan administrator may
pay a full year’s premium and either (1) claim a credit on
the next year’s premium filing or (2) request a refund for
the period of April - December 20067.

Example 1 A new plan is adopted on December 1, 20067,
and has a July 1 - June 30 plan year. The plan became
effective for benefit accruals for future service on
December 1, 20067. The plan administrator may prorate
the 20067 flat-rate premium and pay for only seven

Example 5 A calendar year plan terminates in a standard
termination with a termination date of September 30,
20056. On April 7, 20067, assets are distributed in
satisfaction of all benefit liabilities. The plan has a short
plan year ending April 7, 20067. The plan administrator

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may prorate the 20067 premium and pay for only four
months of 20067. Alternatively, the plan administrator
may pay a full year’s premium and request a refund for the
period of May - December 20067.
Example 6 A plan with a plan year beginning July 1 and
ending June 30 terminates in a distress termination with a
termination date of April 28, 20067. On July 7, 20067, a

6. How to Correct a Filing
a. Making Payment Without Filing FormInformation
If you sent in your payment without filing the Form
1-EZ or Form 1 as applicable, send the correct form to the
address in item 3.a. or 3.b. under “CONTACTS” on p. ii.
b. Filing Formrelated premium information, file the
information as soon as possible to get proper credit for
your payment.
b. Filing Information Without Making Required
Payment
If you sent us Form 1-EZ or Form 1make a filing of
premium information without making a required payment,
you should send the payment as soon as possible to
minimize late payment charges. If you make your
payment by check, enclose your check with a copy of the
original form and send themwrite the EIN/PN and the date
the premium payment year commenced (PYC) on the
check and send it to the address in item 3.a. or 3.b. under
“CONTACTS” on p. ii. If you make your payment by
electronic funds transfer, make the transfer as described in
item 3.d. under “CONTACTS” on p. ii.
Reportreport the EIN/PN from item 3(a) and (b) of
Form 1-EZ or Form 1 and the date the premium payment
year commenced (PYC), in the payment ID line of the
electronic funds transfer in the format “EIN/PN: XXXXXXXXX/XXX PYC: MM/DD/YY.” MM/DD/YY”
and make the transfer as described in item 3.d. under
“CONTACTS” on p. ii.
c. Amended Filing — Premium Underpayment
If you discover after you have filed the 2006 Form
1-EZ or Form 1made your premium filing for 2007 that
you have made an error in your participant count or in the
calculation of the variable-rate premium due, you must
usemake a 2006 form to correct yourn amended filing
following the 2007 filing instructions. (Underpayment in
an earlier year must be corrected usingfollowing the
form(s)instructions for that specific year. See B.3.e.iiif.,
p. 12, for information on obtaining an earlier year’s
form(sinstructions (and, if applicable, forms).) Check the

trustee is appointed to administer the plan under ERISA
section 4042. The plan has a short plan year beginning
July 1, 20067, and ending July 7, 20067. The 20067
premium may be prorated by taking a credit for 11/12 of
the 20067 plan year (for the period of August 20067 - June
20078). Alternatively, a full year’s premium may be paid
and a refund requested for the period of August 20067 June 20078.

box in the heading of the Form 1-EZ or Form 1 to indicate
that this Report in the amended filing that it is an amended
filing. Fill in the Form 1-EZ or Form 1 and Schedule A as
you would for your annual filing. EnterReport your
corrected information, including the corrected total
premium in item 14 of Form 1-EZ or in item 14(a) or
14(d) of Form 1 (as appropriate). In item 15(b) of Form 1EZ or Form 1, enter. Include in “other credits” the sum of
the credits you previously claimed in that item plus the
amount you paid with your original filing. The amount
due with the amended filing should appear in item 16 of
Form 1-EZ or Form 1. This should equal the difference
between the new total premium due and the new total
credits. Submit your amended Form 1-EZ or Form 1 (with
Schedule A for single-employer plans, even if no Schedule
A data have changed)filing with your payment as
described in item 3. under “CONTACTS” on p. ii.
d. Amended Filing — Premium Overpayment
If you discover after you have filed the 2006 Form
1-EZ or Form 1made your premium filing for 2007 that
you overpaid your premium, follow the instructions in
B.6.c. above, except that the difference between the new
total premium and the new total credits should be entered
in item 17 of Form 1-EZ or Form 1reported as an
overpayment. Also, you must check the box in item 17
ifindicate whether you want this amount refunded.
Send your amended Form 1-EZ or Form 1 (with
Schedule A for single-employer plans, even if no Schedule
A data have changed) promptly to the address in item 3.
under “CONTACTS” on p. ii. If you want your refund
paid by electronic funds transfer, you must provide the
necessary information in item 17.
Note: If the overpayment shown on an amended filing (for
any year) exceeds $500, attach a statement
explainingprovide an explanation of the specific
circumstances or events that caused the overpayment and
made the amended filing necessary. (For example, if your
original filing’s participant count included employees at a
division that is not covered by the plan, the statementyou
would explain why the employees were erroneously
counted as participants and how the error was discovered.)

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Check the box in item 19 on Form 1-EZ or item 18 on
Form 1 to indicate that the statement is attached.

premium filing.
However, to keep our records current and to ensure
that your formscorrespondence (including premium filing
instructions) will be mailed to the correct address, you
should provide us with your current address as soon as a
change has occurred. You may do so by contacting us
either in writing or by phone as described in item 4. under
“CONTACTS” on p. ii.

e. How To Correct An Address
See items 1 and 2 of Part C (p. 19) or Part D (p. 27)the
instructions in Part C or Part D for reporting information
about the plan sponsor and plan administrator if you need
to correct your address or the plan sponsor’s address and
are doing so at the same time you are making your

account (premium invoice), a past-due-filing notice, or a
letter initiating an audit). A penalty rate of 5 percent per
month applies to payments made after the PBGC
notification date.

7. Underpayments And Overpayments
a. Underpayments
If you file a premium payment after the Filing Due
Date, we will bill the plan for the appropriate Late
Payment Charges. The charges include both interest and
penalty charges. The charges are based on the outstanding
premium amount due on the Filing Due Date. (PBGC also
may assess penalties under section 4071 of ERISA for
failure to provide premium-related information (see B.8.,
p. 18).)

iii. PBGC Waivers
Before the Filing Due Date, if you can show
substantial hardship and that you will be able to pay the
premium within 60 days after the Filing Due Date, you
may request that we waive the Late Payment Penalty
Charge. If we grant your request, we will waive the Late
Payment Penalty Charge for up to 60 days.
To request a waiver, write separately to the address in
item 4.a. or 4.b. under “CONTACTS” on p. ii.
Waivers of the Late Payment Penalty Charge may also
be granted based on any othera demonstration of
reasonable cause. If you wish to request such a waiver,
write to the address in item 4.a. or 4.b. under
“CONTACTS” on p. ii after you receive a statement of
account (premium invoice) assessing penalties. This
address should also be used to submit requests for
reconsideration of late payment penalties. Failure to
obtain premium forms and instructions from the PBGC is
not reasonable cause for a waiver.

i. Interest Charges
The Late Payment Interest Charge is set by ERISA,
and we cannot waive it. Interest accrues at the rate
imposed under section 6601(a) of the Code (the rate for
late payment of taxes) and is compounded daily. The rate
is established periodically (currently on a quarterly basis),
and the PBGC publishes the interest rates on or about the
15th of January, April, July, and October in the Federal
Register. The rates are also posted on the PBGC’s Web
site (www.pbgc.gov).
Late Payment Interest Charges will be assessed for
any premium amount not paid when due, whether because
of an error in an estimated participant count or an
erroneous participant count or other mistake in computing
the premium owed.
ii. Penalty Charges
The Late Payment Penalty Charge is established by us,
subject to ERISA’s restriction that the penalty not exceed
100 percent of the unpaid premium amount. Subject to
this cap, the penalty is a percentage of the unpaid amount
for each month (or portion of a month) it remains unpaid
with a minimum penalty of $25. The monthly rate is
higher or lower depending on whether the premium
underpayment is “self-corrected.” The penalty rate is 1
percent of the late premium payment per month if the late
payment is made on or before the date when the PBGC
issues a written notification indicating that there is or may
be a premium delinquency (e.g.for example, a statement of

iv. Minimizing Late Payment Charges — Final Filing
If you are having difficulty determining your plan’s
premium before the Final Filing Due Date, you can file
your premium forms using an estimate. You can then
make an amended filing, reflecting the actual figure (see
B.6., p. 16, for procedure). This will minimize the
assessmentmake a premium payment based on an estimate,
without submitting your final premium information filing.
The payment should be clearly identified with the EIN/PN
for the plan and the plan year commencement date (PYC)
as described in item 3.c. or d. under “CONTACTS” on p.
ii. You should then submit your certified final premium
information filing (and any additional premium due) as
soon as possible.
PBGC does not recommend this procedure. We may
assess a penalty under section 4071 of ERISA for failure
to furnish premium-related information by the required

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due date, and making a premium payment without an
accompanying premium information filing may cause
significant delay in providing a statement of account for
the plan. However, when the information filing is
ultimately made, the payment will be credited as of the
date it was filed and thus stop the accrual of Late Payment
Charges toon the planamount paid.
v. Minimizing Late Payment Charges — First Filing
The flat-rate premium owed for a plan year is based on
the number of plan participants as of the premium
snapshot date. However, plans may not have an accurate
participant count before the First Filing Due Date. For
this reason, the PBGC permits plans to compute the
amount owed on the basis of an estimated participant
count. However, we remind you that for plans required to
pay premiums for 500 or more participants for the prior
plan year, the total flat-rate premium, in the case of a
single-employer plan, or the entire premium, in the case of
a multiemployer plan, is due by the First Filing Due Date.
If the full amount due is not paid by that date, the plan will
be subject to late payment interest charges and may also
be subject to late payment penalty charges.
No penalty will be charged (although interest will be
charged) if you did not make a flat-rate premium payment
by the First Filing Due Date because you erroneously
reported fewer than 500 participants for the plan year
preceding the premium payment year. In addition, you can
avoid a late payment penalty charge (but not the interest)
for the flat-rate premium if the premium (based on an
estimated participant count) that you pay by the First
Filing Due Date equals at least the lesser of:
(a) 90 percent of the premium amount due on the
plan’s Final Filing Due Date for the flat-rate premium, or
(b) an amount equal to the participant count for the
year before the premium payment year multiplied by the
applicable flat premium rate for the premium payment
year. This test will be met if the amount paid is sufficient
using either the actual participant count for the plan year
preceding the premium payment year or a smaller count

8. Recordkeeping Requirements; PBGC Audits
Plan administrators are required to retain all plan
records that are necessary to support or validate PBGC
premium payments. The records must include calculations
and other data prepared by the plan’s actuary or, for a plan
described in section 412(i) of the Internal Revenue Code,
by the insurer from which the insurance contracts are
purchased. The records are to be kept for six years after
the premium due date.
Records that must be retained include, but are not
limited to, records that establish the number of plan

that was erroneously reported.
For purposes of determining whether a penalty is due,
the participant count “erroneously reported” refers to the
premium filing (or last amended filing) for the plan year
preceding the premium payment year made to the PBGC
by the First Filing Due Date.
See the Instructions for Estimated Premium Payment
PackagePremiums for more detail.
If you have an accurate participant count by the First
Filing Due Date, you should pay the amount owed by that
date. If you do so, you will avoid the interest charge and
any penalty charge. If you have all the information needed
to make a final filing on or before the First Filing Due
Date, you may make a final filing. If you make an
estimated filing, you will still be required to make a final
filing by the Final Filing Due Date.
b. Overpayments
If a premium is overpaid for a plan, you may request
that the overpayment be refunded or applied to the next
year’s premium for the plan.
If you request that an overpayment be applied to the
next year’s premium, you should claim the amount of the
overpayment as a credit on the next year’s premium filing
for the plan.
A request for a refund must be made within the period
specified in the applicable statute of limitations (generally
six years after the overpayment was made).
If there are unpaid premiums, interest, or penalties for
your plan for prior years, you may request the PBGC to
apply all or part of an overpayment toward payment of
those unpaid prior year amounts. An overpayment for one
plan cannot be applied to offset an underpayment on
another plan.
If you request payment of a refund by electronic funds
transfer, we will make the transfer through the automated
clearing house (ACH) system.
Please note that ERISA does not provide for us to pay
interest on premium overpayments.

participants and that reconcile the calculation of the plan’s
unfunded vested benefits with the actuarial valuation upon
which the calculation was based. Records retained
pursuant to this paragraph must be made available or
submitted to the PBGC upon request.
We may audit any premium payment. If we determine
upon audit that the full amount of the premium due was
not paid, late payment interest charges under §4007.7 of
the premium regulations and late payment penalty charges
under §4007.8 of the premium regulations will apply to
the unpaid balance from the premium due date to the date

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of payment. (See B.7.a., p. 16, for more information on
penalties and interest for late payment of premiums.) If, in
our judgment, the plan’s records fail to establish the
number of participants with respect to whom premiums
were required for any premium payment year, we may rely
on data we obtain from other sources (including the
Internal Revenue Service and the Department of Labor)
for presumptively establishing the number of plan
participants for premium computation purposes.
Similarly, if, in our judgment, the plan’s records fail to

establish that the unfunded vested benefits were the
amount reported in the premium filing, we may rely on
data we obtain from other sources for estimating the
amount of unfunded vested benefits for premium
computation purposes.
In addition to penalties for late payment of premiums,
we may assess a penalty under section 4071 of ERISA for
failure to furnish premium-related information by required
due dates.

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PART C ITEM-BY-ITEM INSTRUCTIONS FOR FORM 1-EZ
INFORMATION REQUIRED FOR SINGLE-EMPLOYER PLANS CLAIMING EXEMPTION FROM THE
VARIABLE-RATE PREMIUM (PREVIOUSLY FILED ON FORM 1-EZ)
the 20056 plan year (and to filings and notices for the
20056 plan year) should be considered to refer to the
plan’s second 20056 plan year, which is the plan’s most
recent complete plan year.

NOTE: This part applies only to single-employer plans
that claim an exemption from the variable-rate
premium. To claim an exemption, the plan must meet
the requirements for one of the exemptions described in
the instructions for item 12 of Form 1-EZ in this part.
Having a variable-rate premium of zero is not the same
as being exempt from the variable-rate premium. (See
B.3.a., p. 11, for the forms 11, for a table that shows
which Parts of this booklet contain the instructions
applicable to othervarious types of filers.) If your plan
qualifies for an exemption and also has a variable-rate
premium of zero, you may file either file Form 1-EZas
an exempt plan or file Form 1 with Schedule Aas a nonexempt plan. See B.3.d., p. 12.

Check forInformation About Amended Filing
If you are amending your 20067 premium filing,
checkreport this boxat fact and completefollow the
instructions form as explained amended filings in B.6., p.
16.
Check forInformation About Disaster Relief
From time to time, when major disasters occur, the
PBGC grants disaster relief by waiving late filing and
payment penalties for certain plans. Disaster relief notices
are issued in Disaster Relief Announcements that are
available on the PBGC’s Web site (www.pbgc.gov). If
your plan is covered by a PBGC dDisaster rRelief
noticeAnnouncement for this premium filing, report that
fact and follow the instructions in the dDisaster rRelief
notice and check this box.

This part describes the information that must be
reported for each single-employer plan that claims an
exemption from paying the variable-rate premium.
(Paying a zero variable-rate premium is not the same as
being exempt from the variable-rate premium.)

The “Item” numbers below refer to the item or line
numbers on the Form 1-EZ.

This part also explains how to determine the amount
of the flat-rate premium. The flat-rate premium may be
$0. (This may happen if your plan is a new plan that
grants no past service credits, so that there are no benefit
liabilities on the premium snapshot date. A plan with no
benefit liabilities has no participants for premium
purposes.) You must make a premium filing even if the
flat-rate premium is $0.

Item 1 Name of Plan Sponsor
For a single-employer plan with one contributing sponsor,
enterAnnouncement. Provide any explanation called for
in the Disaster Relief Announcement.

Note For Plans With More Than One Plan Year
Beginning in 20056 or 20067: References in these
instructions and on Form 1-EZ to the 20056 plan year (and
to filings and notices for the 20056 plan year) should be
considered to refer to your plan’s most recent complete
plan year. For example, a plan with a shortthat changes its
plan year could have two plan years beginning in calendar
20067. When such a plan makes its premium filing(s) for
its second 20067 plan year, the references in these
instructions and on Form 1-EZ to the 20056 plan year (and
to filings and notices for the 20056 plan year) should be
considered to refer to the plan’s first 20067 plan year (and
to filings and notices for that plan year), because that is
the plan’s most recent complete plan year. Similarly, if
your plan had two plan years beginning in calendar 20056,
the references in these instructions and on Form 1-EZ to

Information About Plan Sponsor (previously item 1,
Form 1-EZ)
Report the name and address of the contributing
sponsor.
For a single-employer plan with two or more contributing
sponsors that are all in a single controlled group, enter the
name and address of the parent of the controlled group or,
if there is no parent, of the largest member of the
controlled group (whether or not the parent or largest
member is a contributing sponsor).
Text Was Moved From Here: 2
For a multiemployer plan, enter the name and address of
the association, committee, joint board of trustees, or other
entity that establishes or maintains the plan.
plan sponsor. Report separately the first line of the
address, the second line of the address, the city, the state,
and the zip code.

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Make sure you report the plan sponsor’s name and
address correctly, especially if there has been a change in
the last year. If the plan sponsor’s address or name has
changed since your last filing, checkreport the first box in
the upper right hand corner of item 1at fact. It is very
important that the address shown in item 1 be correct.
If your plan’s premium filings are prepared by a
consultant, you may not need to receive your own copy of
PBGC paper premium instructions. you report be correct.

Item 3(b) Plan Number
EnterReport the Plan Number (PN) forof the plan.
Item 3(c) Does EIN/PN Match Form 5500?

Information About Receiving Paper Instructions
(previously part of item 1, Form 1-EZ)
If you do not want to receive paper premium
instructions next year, check the second box in the upper
right hand corner of item 1report that fact. An election not
to receive the paper instructions does not relieve the plan
administrator of the obligation to file.
Item 2 Name of Note that My PAA’s data entry and
editing screens provide on-line premium filing instructions
without the need for paper instructions.
Information About Plan Administrator (previously
item 2, Form 1-EZ)
Report the name and address of the plan administrator.
If the name and address of the plan administrator is the
same as that of the plan sponsor, check the second box in
the upper right-hand corner of item 2 and skip to item 3.
Otherwise, enter the name and address ofyou may satisfy
this requirement by reporting that fact.
In reporting the plan administratoradministrator’s
address, report separately the first line of the address, the
second line of the address, the city, the state, and the zip
code.
If the plan administrator’s address or name has
changed since your last filing, checkreport the first box in
the upper right hand corner of item 2at fact. It is very
important that the plan administrator’s name and address
be correct, especially if there has been a change in the last
year. This is the address we will use to mail your
2007correspondence with the plan (including premium
filing instructions.
Item 3 Plan Sponsor’s EIN/PN, Electronic filing
Item 3(a) EIN For The Plan Sponsor
Enter the EIN for).
Information About EIN/PN (previously items 3(a), (b),
and (c), Form 1-EZ)
Report the EIN of the plan sponsor identified in item
1.

In general, Report whether or not the EIN and PN
entered in item 3(a) and (b) should be the same as the EIN
and PN reported on the Form 5500 series for the plan year
preceding the premium payment year.
If the EIN and PN entered in item 3(a) and (b) both
match exactly the EIN/PNfor this filing both match
exactly the EIN and PN entered on the Form 5500 series
for the plan year preceding the premium payment year,
check the “Yes” box.
If either the EIN; or PN is not exactly the same, check
the “No” box, enter the EIN/PN used for the Form 5500
filing, attach an explanation, and check the box in item 19.
Iif your plan is a new plan that is not required to file
the Form 5500 series for the plan year preceding the
premium payment year because the plan did not exist,
check the box labeled “2005 Form 5500 not required.”
Item 3(d) Exemption from electronic filing
This item is only for plans that are subject to
mandatory electronic premium filing. The PBGC expects
to publish in early 2006 a final rule making electronic
filing mandatory for 2006 premium filings made on or
after July 1, 2006, for large plans (plans that were required
to pay premiums for 500 or more participantsreport that
filing of the Form 5500 series for the plan year preceding
the premium payment year). If you are not subject to
mandatory e-filing, you should leave this item blank.
If you are subject to mandatory e-filing, you are
required to make your 2006 premium filing electronically
unless the was not required.
If either the EIN or the PN for this filing is not exactly
the same as what was entered on the Form 5500 series for
the plan year preceding the premium payment year, report
both the EIN and the PN entered on the Form 5500 filing
and provide an explanation.
Information About Exemption From Electronic Filing
(paper filers only) (previously item 3(d), Form 1-EZ)
This information is only required for a plan that makes
a paper premium filing.
Report whether or not PBGC has granted theyour plan
an exemption from electronic filing for good cause in
appropriate circumstances.
If the PBGC has granted you an exemption from
electronic filing for the 2006 final premium declaration.
check the box to indicate that you have an exemptionthe
requirement to make this filing electronically.

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If you do not have an exemption but you choose to
make a paper filing in anticipation of an exemption, check
the box to indicate that you do not have an exemption, and
provide an explanation. Either indicate when you
submitted the exemption request to which the PBGC has
not yet responded, or attach your exemption request.
If you do not receive the anticipated exemption, your
paper filing will not satisfy the electronic filing
requirement. Failure to comply with the electronic filing
requirement without an exemption is subject to penalty
under section 4071 of ERISA.

Item 6(a)

Item 4(a) Change In EIN
Enter the previous EIN in the space provided.

Information About Plan Inception (previously item 6,
Form 1-EZ)
Report whether or not this premium filing is for the
plan’s first year as a covered plan.
If this premium filing is for the plan’s first year as a
covered plan, report the Plan Effective Date
Enter, the Plan Adoption Date, and the Plan Coverage
Date.
The Plan Effective Date is the date on which the plan
became effective with respect to benefit accruals for future
service. This date is considered to be the first day of a
new plan’s short first year for purposes of prorating the
premium (see B.5., p. 13). If the aPlan Adoption dDate of
a newly created plan covered under section 4021 of
ERISA is after its ePlan Effective dDate (i.e., the plan is
adopted retroactively), you may report either the aPlan
Adoption dDate or the ePlan Effective dDate as the first
day of the plan year in item 11(a). For a new plan, but the
date that you enter in item 11(a)first day of the plan year
must also be used as the premium snapshot date.

Item 4(b) Change In PN
Enter the previous PN in the space provided.

Item 6(b) The Plan Adoption Date
Enter is the date on which the plan was formally adopted.

Item 4(c) Effective Date
Enter for this plan, report both the EIN and the PN for the
last premium filing and report the effective date of the
change in the EIN/PN.

Item 6(c) The Plan Coverage Date
Enter is the date on which the plan became covered under
section 4021 of ERISA. If you are unsurenot certain
whether your plan is covered, check the “Uncertain” box
in item 5do not report and leave item 6(c) blank Plan
Coverage Date.

Item 4 Information About Change In EIN/PN
This item should be completed to report a change in
EIN or PN since (previously Item 4, Form 1-EZ)
If the EIN and PN for this filing do not both match
exactly the EIN and PN for your last premium filing. The
EIN of the plan sponsor or the plan’s PN may change for a
number of reasons.

Item 5 Information About Plan Coverage Status
(previously item 5, Form 1-EZ)
If Report either that the plan is covered under section
4021 of ERISA, check 5(a) “Covered.”
or that you are not certain whether the plan is covered.
See B.1.a., p. 7. If you report that you are not certain
whether the plan is covered, provide an explanation of
why you are uncertain.
If you are not certain whether the plan is covered,
check 5(b) “Uncertain.” See B.1.a., p. 7.
If you check “Uncertain,” you should complete Form 1EZfile the premium information and pay the applicable
premium as if the plan were covered. Attach a separate
sheet to explain why you checked “Uncertain,” and check
the box in item 19.
Item 6 Is This The First Year’s Premium Filing For
This Plan?
Check the “No” box if you are filing for the second or
subsequent plan year of coverage, and go to item 7. Check
the “Yes” box if you are filing for the first plan year of
coverage, and complete items 6(a), 6(b), and 6(c).

Item 7 Information About Transfers From
Disappearing Plans (previously item 7, Form 1-EZ)
If Report whether or not a plan other than yours ceased
to exist in connection with any transfer of assets or
liabilities from that plan to your plan since the last
premium filing, check the “Yes” box in item 7. In the case
of a plan that is filing for the first time, this includes a
transfer of assets or liabilities that was made to the plan
when it was established, if the transferor plan ceased to
exist in connection with the transfer. If you check “Yes,”
enter in the spaces provided the EIN/PN of any
For each plan that ceased to exist in connection with
thea transfer of any assets or liabilities from that plan to
your plan. Also enter since the type andlast premium
filing, report the EIN/PN of the plan, the effective date of
the transfer, and whether the transaction involved was a
merger, consolidation, or spinoff.
The types of transferstransactions are explained in A.9.,
p.6. For purposes of this item, “M” designates a merger,
“C” designates a consolidation, and “S” designates a

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spinoff. Check the box under the appropriate letter for the
type of transfer.
If you have an exemption from making this filing
electronically and are filing your premium information on
a paper PBGC form (which only has space to report one
transfer), and you need to report information about more
than one transfer, provide an explanation that gives the
required information about the transfers for which there is
no space on the form.
The effective date of a transfer is determined based on
the facts and circumstances of the particular situation.
(For transfers subject to section 414(l) of the Code, report
the date determined under 26 CFR 1.414(l)-1(b)(11).)
Example: The merger agreement between Plans A and
B provides that participants of Plan A will cease
accruing benefits under Plan A and begin coverage
and benefit accruals under Plan B as of January 1,
20067, and that the obligation to pay benefits to Plan
A participants will pass from Plan A to Plan B as of
that date. The agreement also provides that Plan A’s
assets will be transferred to Plan B’s account as soon
as practicable. The transfer actually occurs on
February 17, 20067. The effective date of the transfer
is January 1, 2006.
If you need to report transfers from more than one plan,
attach a separate sheet listing the EIN/PN of each
additional plan and the effective date and type of each
transfer. If you attach a separate sheet, check the box in
item 19.
2007.
You do not need to report any transfer in this item
unless the transferor plan ceased to exist in connection
with the transfer — i.e., transferred all of its assets and
liabilities to your plan or to two or more plans including
your plan. You also do not need to report a transfer in this
item if you have no reasonable way of determining
whether or not the transferor plan ceased to exist in
connection with the transfer.
Note that premium proration is not available for
“overlapping” premium payments resulting from a plan
merger, consolidation, or spinoff.
NOTE: If we do not receive an expected
premium filing from a plan, we normally contact the
plan for an explanation. The purpose of item
7reporting these transfers is to avoid the need for
such correspondence where the reason thea plan is
not filing is that it has disappeared as the result of a
merger, consolidation or spinoff. However, the item
7 explanationreport about transfers can only have its

intended effect if we receive it from the transferee
plan before the disappearing plan’s next expected
premium filing due date. If the transferee plan does
not expect to file until after that, the need for
correspondence can be avoided by sending us the
item 7 informationreport about transfers earlier — in
writing — as described in item 4. under
“CONTACTS,” p. ii.
Item 8 Information About Business Code and CUSIP
Number
Item (previously item 8(a, Form 1-EZ)
Enter Report the 6-digit code that best describes the
nature of the employer’s business. If more than one
employer is involved, enterreport the business code for the
predominant business activity of all employers. Choose
one code from the list in Appendix B at the back of this
package.
Item 8(b)
If a CUSIP number has been assigned to publicly
traded securities of the plan sponsor identified in item 1 or
any member of the plan sponsor’s controlled group,
enterreport the first 6 digits of the CUSIP number. If the
plan sponsor has no CUSIP number, enter N/A.
Item 9 Name of Plan
Enter
Name of Plan (previously item 9, Form 1-EZ)
Report the complete name of the plan as stated in the
plan document. For example, “The ABC Company
Pension Plan for Salaried Personnel.”
Item 10 Name and Phone Number of Plan Contact
Item 10(a) Name of Plan Contact
Enter the nameInformation About Plan Contact
(previously item 10, Form 1-EZ)
Report the name and phone number of the person we
may contact if we have any questions concerning this
filing. If Form 1-EZthe filing is completed by a plan
consultant, you may enterreport the consultant’s name.
Item 10(b) Phone Number of Plan Contact
Enter the phone number of the plan contact named in item
10(a).
Item 11 Plan Year
Item 11(a)
Enter and phone number.

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Information About Plan Year (previously item 11,
Form 1-EZ)
Report the beginning date of the plan year for which
you are making the premium payment (the first day of the
premium payment year). If you are filing for the first year
of a new plan, this should generally be the ePlan Effective
dDate of the plan. However, if a newly created plan was
adopted with a retroactive effective date, you may use the
aPlan Adoption dDate as the first day of the plan year for
purposes of determining the premium snapshot date, the
filing due date, and premium proration (if any); in that
case, enterreport the aPlan Adoption dDate hereas the first
day of the plan year.

Item 12 Exempt Status
Each plan using Form 1-EZ must meetreport that the
change in the first day of the plan year is not due to an
amendment changing the plan year (or report that the
adoption date for the plan year change is “00/00/0000”).
Information About Exemption From the Variable-Rate
Premium (previously item 12, Form 1-EZ)
If you claim exemption from the variable-rate
premium, report which exemption the plan meets the
requirements for one of the. (If you do not claim an
exemptions from the variable-rate premium that are
described below. Check one box in item 12 to indicate the
exemption that applies to your plan.

Item 11(b)
Enter Report the ending date of the plan year for which
you are making the premium payment (the last day of the
premium payment year).
If this filing is for the plan’s last year because the plan
has merged or consolidated into another plan or has spun
off all its participants, liabilities, and assets to other plans,
enter the effective date of the merger, consolidation, or
spinoff. Note that a plan that has a short plan year
because it disappears by merger, consolidation, or spinoff
does not qualify for premium proration.

Item 12(afor a single-employer plan, you must compute
and report the variable-rate premium; you should be
following the instructions in Parts D, E, and F.) There are
five exemptions:

Item 11(c)
Check the box if
If this filing is for the plan’s last year
because the plan has terminated, enter —
a. for a multiemployer plan that distributed all its
assets pursuant to section 4041A of ERISA, the date the
distribution is completed; or
b. for a single-employer plan, the earlier of —
(1) the date on which the distribution of the plan’s
assets in satisfaction of all benefit liabilities was
completed; or
(2) the date that a trustee for the terminating plan was
appointed under ERISA section 4042.
If the month and day on which the plan year begins is
not the same as that shown on the last Form 1 or Form 1EZ you filed with us. Attach a separate sheet withreported
in your last premium filing for this plan, report that fact
and provide a brief explanation for the change, and check
the box in item 19.
Item 11(d)
If you checked the box in item 11(c), enter. Also report
the adoption date of the plan year change. I; or, if the plan
year beginning date has changed for a reason other than a
change in the plan year — i.e., because the plan uses a
52/53-week plan year, or because this is the second year of
a plan whose first plan year was a short year — enter all
zeroes in item 11(d).

(1) Plans With No Vested Participants
Your plan qualifies for this exemption if itthe plan has
no participants with vested benefits as of the premium
snapshot date. If you check this box, your signature in
item 20 indicates that you are certifying that no participant
was entitled to a vested benefit as of the premium
snapshot date.
A new plan with no benefit liabilities on the premium
snapshot date has no participants (for premium purposes)
and thus no participants with vested benefits. Such a plan
qualifies for this exemption.
Item 12(b(2) Section 412(i) Plans
Your plan qualifies for this exemption if itthe plan is
described in section 412(i) of the Code and regulations
thereunder on the premium snapshot date. If you check
this box, your signature in item 20 indicates that you are
certifying that the plan was a plan described in section
412(i) of the Code and regulations thereunder on the
premium snapshot date.
Item 12(c3) Fully Funded Small Plans
Your plan qualifies for this exemption if the plan has
fewer than 500 participants as of the premium snapshot
date and no unfunded vested benefits as of that date
(valued at the Required Interest Rate described in A.7., p.
6) and. If you claim this exemption, an enrolled actuary so
certifies in item 21must certify that the plan qualifies for
it.
Item 12(d4) Plans Terminating In Standard Terminations
Your plan qualifies for this exemption if notices of
intent to terminate in a standard termination were issued in

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accordance with section 4041(a)(2) of ERISA, setting
forth a proposed termination date (i.e., the 60- to 90-day
prospective date) that is on or before the premium
snapshot date. However, ifthis exemption is conditional
on the plan does notplan’s ultimately makemaking a final
distribution of assets in full satisfaction of its obligations
under the standard termination, the right to claim. If such
a distribution is not made, this exemption will be
revokeddoes not apply and the premium(s) that would
otherwise have been required will be due retroactive to the
applicable due date(s). (NOTE: See B.1.c., p. 7, for rules
on when your premium obligation ends.)
Item 12(e5) Plans At The Full Funding Limit
Your plan qualifies for this exemption if, as provided
below, the plan is at the full funding limit for the plan year
preceding the premium payment year and. If you claim
this exemption, an enrolled actuary so certifies in item
21must certify that the plan qualifies for it. Note: The
rules below are for PBGC premium purposes only. The
rules for tax or other purposes may differ.
A plan may claim this exemption if, on or before the
earlier of the Final Filing Due Date (see B.2., p. 8) or the
date the Form 1-EZpremium filing is filedmade, the plan’s
contributing sponsor or contributing sponsors(s) made
contributions to the plan for the plan year preceding the
premium payment year in an amount not less than the full
funding limitation for that preceding plan year under
section 302(c)(7) of ERISA and section 412(c)(7) of the
Internal Revenue Code.
The determination of whether contributions for the
preceding plan year were in an amount not less than the
full funding limitation under section 302(c)(7) of ERISA
and section 412(c)(7) of the Code for the preceding plan
year is based on the method of computing the full funding
limitation, including actuarial assumptions and funding
methods, used by the plan (provided these assumptions
and methods met all requirements, including the
requirements for reasonableness, under section 412 of the
Code) with respect to the preceding plan year. In the
event of a PBGC audit, the plan administrator may be
required to provide documentation to establish both the
computation methods used and the conformance of those
methods with the requirements of Code section 412. The
PBGC will report to the Internal Revenue Service any
plans using assumptions and methods that appear not to
meet the requirements of Code section 412.
A plan may be entitled to this exemption if
contributions were rounded down slightly from the
amount of the full funding limitation. Thus, any
contribution that is rounded down to no less than the next
lower multiple of one hundred dollars (in the case of full
funding limitations up to one hundred thousand dollars) or

to no less than the next lower multiple of one thousand
dollars (in the case of full funding limitations above one
hundred thousand dollars) is deemed for purposes of this
exemption to be in an amount equal to the full funding
limitation. (NOTE: Relief may also be available where
the plan’s actuary rounded off de minimis amounts to
determine the full funding limit. Whether the exemption
applies in such circumstances would be determined under
the rule discussed in the preceding paragraph, based on a
review of the plan’s practice with respect to the
computation methods used.)
Generally, section 302(c)(7) of ERISA and Code
section 412(c)(7) define the full funding limitation as the
excess of a measure of the plan’s liabilities over a measure
of the plan’s assets. PBGC Technical Update 00-4 (set
forth below) explains how the PBGC full funding limit
exemption works.
TECHNICAL UPDATE 00-4
August 25, 2000
PBGC’S FULL FUNDING LIMIT EXEMPTION FROM THE
VARIABLE RATE PREMIUM
Introduction
This technical update explains how the PBGC full funding limit
exemption (“PBGC FFL Exemption”) from the variable rate premium
(“VRP”) works in light of the changes the Retirement Protection Act of
1994 (“RPA”) made to the full funding limitation under section
412(c)(7) of the Internal Revenue Code of 1986 (“Code”). The RPA
added a “90% override” to the full funding limitation. The 90%
override provides that the full funding limitation is not less than the
excess, if any, of 90% of the plan’s current liability over the actuarial
value of the plan’s assets. The PBGC has received inquiries about the
proper treatment of credit balances in applying the 90% override for
purposes of the PBGC FFL Exemption. This update clarifies what the
correct result is under the statutory and regulatory framework of Title
IV of ERISA.
Guidance
The 90% override does not require greater contributions for the
PBGC FFL Exemption than are required for the plan to be at the full
funding limitation under Code section 412(c)(7) for funding purposes.
Accordingly, a plan qualifies for the PBGC FFL Exemption for a plan
year if the sum of contributions to the plan for the prior year (including
any interest credited under the funding standard account) and any credit
balance in the funding standard account (including interest to the end of
the plan year) is not less than the full funding limitation under Code
section 412(c)(7).
For purposes of the preceding sentence —
the “full funding limitation under Code section 412(c)(7)”
means the full funding limitation as calculated for minimum
funding purposes, i.e., the sentence in the PBGC regulations
providing that “[p]lan assets shall not be reduced by the amount of
any credit balance in the plan’s funding standard account” is
inapplicable;
the PBGC rules (see 29 CFR § 4006.5(a)(5)) on rounding
down contributions and on counting only contributions made by
the earlier of the VRP due date or VRP payment date continue to
apply.
See the Appendix to this update for examples of how the PBGC FFL
Exemption works.
Effective Date
This guidance is generally effective for PBGC premium purposes

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for plan years beginning after December 31, 1995.
Effect of Guidance
This guidance will have no effect on the vast majority of plans for
which a VRP was paid (see Example 1 in the Appendix). Based on the
PBGC’s analysis, there were only 100-200 plans since 1996 for which a
VRP may have been paid solely as a result of applying the PBGC FFL
Exemption in a manner inconsistent with this technical update (see
Examples 2 and 3 in the Appendix). The plan administrator of such a
plan may apply for a refund through the PBGC’s normal refund process
(i.e., by filing an amended Form 1, including Schedule A, for the
applicable year or years). Refunds are subject to the six-year limitations
period in ERISA section 4003(f)(5).
For questions about this update, contact Jane Pacelli at 202-3264080, ext. 6775.
APPENDIX TO TECHNICAL UPDATE 00-4
The following examples show how the PBGC FFL Exemption
works. All amounts in the examples include interest to the end of the
plan year and assume that actuarial value of assets equals market value
of assets.
Example 1
Plan A has a full funding limitation under Code section 412(c)(7)
(prior to applying the override) of $3,000, calculated as the excess of
the plan’s accrued liability of $30,000 over adjusted plan assets of
$27,000 ($29,000 assets less $2,000 credit balance). The plan’s 90%
override full funding limitation is $900, calculated as the excess of 90%
of the plan’s current liability ($29,900) over the plan’s full assets of
$29,000. Thus, the plan’s full funding limitation is $3,000 (the greater
of $3,000 or $900). Plan A will qualify for the PBGC FFL Exemption if
employer contributions equal or exceed $1,000, because the sum of the
contributions and the credit balance will equal or exceed the $3,000 full
funding limitation.
The guidance in this technical update does not affect Plan A.
Without this guidance, the actuary for Plan A would have calculated its
full funding limitation (using full assets) as $1,000 — the greater of
$1,000 ($30,000 - $29,000) or $900 ($29,900 - $29,000) — and
concluded that the plan would qualify for the PBGC FFL Exemption if
employer contributions equaled or exceeded $1,000 (the same result as
under the guidance in this technical update).
Example 2
Plan B has a full funding limitation under Code section 412(c)(7)
(prior to applying the override) of $3,000, calculated as the excess of
the plan’s accrued liability of $30,000 over adjusted plan assets of
$27,000 ($29,000 assets less $2,000 credit balance). The plan’s 90%
override full funding limitation is $4,000, calculated as the excess of
90% of the plan’s current liability ($33,000) over the plan’s full assets
of $29,000. Thus, the plan’s full funding limitation is $4,000 (the
greater of $3,000 or $4,000). Plan B will qualify for the PBGC FFL
Exemption if employer contributions equal or exceed $2,000, because
the sum of the contributions and the credit balance will equal or exceed
the $4,000 full funding limitation.
Without the guidance in this technical update, the actuary for Plan
B might have calculated its full funding limitation (using full assets) as
the greater of $1,000 ($30,000 - $29,000) or $4,000 ($33,000 $29,000), and concluded that the plan would not qualify for the PBGC
FFL Exemption unless employer contributions equaled or exceeded the
$4,000 full funding limitation.
Example 3
Plan C has a full funding limitation under Code section 412(c)(7)
(prior to applying the override) of $4,000, calculated as the excess of
the plan’s accrued liability of $31,000 over adjusted plan assets of
$27,000 ($29,000 assets less $2,000 credit balance). The plan’s 90%
override full funding limitation is $3,000, calculated as the excess of
90% of the plan’s current liability ($32,000) over the plan’s full assets
of $29,000. Thus, the plan’s full funding limitation is $4,000 (the
greater of $4,000 or $3,000). Plan C will qualify for the PBGC FFL

Exemption if employer contributions equal or exceed $2,000, because
the sum of the contributions and the credit balance will equal or exceed
the $4,000 full funding limitation.
Without the guidance in this technical update, the actuary for Plan
C might have determined the full funding limitation to be $3,000 — the
greater of the pre-override full funding limitation of $2,000 ($31,000
less full assets of $29,000) and the 90% override full funding limitation
of $3,000 — and concluded that the plan would not qualify for the
PBGC FFL Exemption unless employer contributions equaled or
exceeded the $3,000 full funding limitation.

Item 13 Participant Count
(previously item 13, Form 1-EZ)
Enter Report the participant count (the total number of
participants covered by the plan, counted as of the
premium snapshot date). This is the number on which the
plan’s premium is based. Count the number of
participants as of the premium snapshot date.
For post-2000 plan years, newly created plans that do
not grant past service credits typically have a participant
count of zero for premium purposes. See the definition of
“participant” in A.7., p. 4.
The participant count for premium computation
purposes for thea PBGC Form 1-EZpremium filing and the
participant count for item 7 of the Form 5500 filed in the
same year (e.g., the 2006 Form 1-EZ7 premium filing and
the 20056 Form 5500) are generally determined as of the
same date, i.e., the last day of the plan year preceding the
year ofin which the filing is made. However, the two
participant counts may differ. For example —

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! For premium purposes, individuals who are
earning or retaining credited service but with respect
to whom a plan has no benefit liabilities are not
counted as participants. But individuals who are
earning or retaining credited service are considered to
be participants for purposes of item 7 of the Form
5500, even if the plan has no benefit liabilities with
respect to them.
!There! There is a difference in the break-inservice rules that apply to Form 1-EZthe participant
count for premium purposes and to item 7 of Form
5500. For purposes of item 7 of Form 5500, whether
a non-vested individual is excluded from the
participant count because of a break in service
depends upon the plan language; under the provisions
of most plans, the instructions for item 7 would
require that a separated non-vested individual be
counted as a participant until the individual has
incurred five or more consecutive one-year breaks in
service. For premium purposes of Form 1-EZ, on the
other hand, a non-vested individual is excluded from
the participant count because of a break in service
when the individual has incurred a one-year break in

service under the terms of the plan.

15(c) of the Form 1-EZ. This isavailable credit from your
2006 premium filing).
Your total credit is the sum of the 2007 estimated
premium payment and your other credit.

Item 14 Information About the Premium (previously
item 14, Form 1-EZ) (see Note below)
Multiply
Report the total premium. For a single-employer plan
that is exempt from the variable-rate premium, the total
premium equals the flat-rate premium, and the flat-rate
premium for plan years beginning in 2007 is $31
multiplied by the participant count you entered in item 13
by $30 and enter the result in item 14. This is the total
premium due.

Information About Payment Due PBGC (previously
item 16, Form 1-EZ)
If the total premium equals or exceeds the total credit.

Note: The 20067 per-participant flat premium rate of
$301 for single-employer plans was established under
recently enacted legislation. Congress is also considering
other legislation that might further change flat-rate
premiums. We will make updated information about the
flat premium rate available as we get it: check our web site
(www.pbgc.gov) or call or write us (at the address and
phone numbers in item 4. under “CONTACTS” on p. ii)
for more information.
Item 15 reflects inflation adjustments provided for in the
Deficit Reduction Act of 2005.
Information About Premium Credits
Item 15(a) Amount Paid With 2006 Estimated Filing
Enter any amounts (previously item 15, Form 1-EZ)
Report your 2007 estimated premium payment, your
other credit, and your total credit.
Your 2007 estimated premium payment is any amount
you previously paid for the 20067 plan year with an
estimated filing. Do not include any credits claimed in
your estimated filing.
Item 15(b) Other credit
Enter the amount of any credit you are entitled to
Your other credit is the aggregate amount of: (1) any
available credit (other than an estimated short-year credit)
claimed in your 20067 estimated filing, (2) any available
credit from item 17 of your 2005 Form 1 or Form 1-EZ (or
from an equivalent electronic6 premium filing), (3) any
short-year credit (as explained in B.5. (Prorating Your
Premium), p. 13), and (4) any other available credit.
AttachProvide an explanation of any other credit claimed
in item 15(b)you claim (other than an amount entered in
item 17 of your 2005 Form 1 or Form 1-EZ or in an
equivalent electronic filing) and check the box in item 19.
Item 15(c) Total Credit
Add items 15(a) and 15(b) and enter the result in item

Item 16 Premium Due The PBGC
If the amount you entered in item 14 exceeds the amount
entered in item 15(c), subtract the amount entered in item
15(c) from the amount entered in item 14 and enter the
result in item 16 of the Form 1-EZtotal credit from the
total premium and report the result as the amount due.
This is the amount you owe the PBGC.
You must pay the premiumamount due by paper check
or electronically. Indicate by checking one of the boxes in
item 16 which method you are using.
Report whether you are paying by paper check or
electronically. Do not combine the premiums for two or
more plans into one payment.
Follow the instructions in My PAA for the type of
payment you are making; or, if you have an exemption
from making this filing electronically and are filing your
premium information on paper, then —
If you pay by paper check, write the EIN/PN (from
item 3(a) and (b))for this filing and the dateFirst Day
of the premium payment yPlan Year commenced
(PYC(identified as “PYC”) on the check and filesend
the check with Form 1-EZyour paper filing.
If you pay by electronic funds transfer, make the
transfer as described in item 3.d. under “CONTACTS”
on p. ii. Report the EIN/PN from item 3(a) and (b),
and the date the premium payment year commenced
(PYC),for this filing and the First Day of the Plan
Year (identified as “PYC”) in the payment ID line of
the electronic funds transfer in the format “EIN/PN:
XX-XXXXXXX/XXX PYC: MM/DD/YY.”
To ensure proper credit for your premium payment,
the payment must be for the exact amount due for the plan.
Do not combine payments for different plans in a single
check or electronic funds transfer.
Item 17 Amount Of Overpayment
If the amount you entered in item 14Information About
Overpayment (previously item 17, Form 1-EZ)
If the total premium is less than the amount entered in
item 15(c), subtract the amount entered in item 14 from
the amount entered in item 15(c) and enter the result in
item 17. This is the amount of your overpayment.
If item 17 showstotal credit, subtract the total premium
from the total credit and report the result as the

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overpayment.
If you have an overpayment, you may request that the
amount of the overpayment either be refunded or be
applied against the next year’s premium for the plan.
To request that Report whether you want the amount of
the overpayment to be applied against the next year’s
premium for the plan, check the first box in item 17 or
refunded. If you request application of the overpayment
against the next year’s premium for the plan, you should
claim the overpayment amount as a credit on the next
year’s premium filing for the plan.
To If you request a refund, check the second box in item
17. Ifand you want yourthe refund paid by electronic
funds transfer, check either the third or the fourth box in
item 17 to indicate whether the account to which the
refund is to be credited is a checking account or savings
account, and enter in the fifth and sixth boxes of item
17provide the bank routing number and account number to
which the refund is to be credited and indicate whether the
account is a checking account or savings account. If you
want the refund credited to a sub-account within the main
account, enteralso provide the sub-account number in the
seventh box of item 17.
See B.7.b., p. 18, for more information on
overpayments.

next business day.
This item relates to theIf a Participant Notice
requirement for the plan year preceding the premium
payment year. Thus, the question on the 2006 premium
form relates to theunder ERISA section 4011 and 29
CFR Part 4011 was not required to be issued for this plan
for the 2006 plan year, report that for the 2006 plan year, a
Participant Notice under ERISA section 4011 and 29 CFR
Part 4011 was not required to be issued for this plan.
If a Participant Notice under ERISA section 4011 and
29 CFR Part 4011 was issued for this plan for the 2005
plan year, not the 2006 plan year.
You must check box (1), (2), or (3). If you check box
(3)2006 plan year, on time and in accordance with all
other applicable requirements, report that for the 2006
plan year, a Participant Notice under ERISA section 4011
and 29 CFR Part 4011 was issued for this plan on time and
in accordance with all other applicable requirements.
Otherwise (e.g., because a required Participant Notice
was not issued on time or failed to meet any other
applicable requirement), you must attachreport that an
explanation and check the box in item 19.
Item 19 Additional Information
If you have used attachments to explain any of your
answers, check the box in item 19about the Participant
Notice under ERISA section 4011 and 29 CFR Part 4011
for this plan for the 2006 plan year is included with this
filing, and include an explanation with your filing.

Item 18Information About Participant Notice
Requirement (previously item 18, Form 1-EZ)
For each plan year (through the 2006 plan year)
for which a variable--rate premium iswas payable for a
plan, the plan administrator mustwas required by ERISA
section 4011 to issue a notice to participants about the
plan’s funding status and the limits on the PBGC’s
guarantee, unless the plan iswas exempt from the notice
requirement under ERISA and the PBGC’s regulation on
Disclosure to Participants. (Note in particular that tThe
regulation contains an exemption for most new and newly-covered plans.)
ERISA section 4011 was repealed by the Pension
Protection Act of 2006, effective for plan years beginning
after 2006. Thus 2006 was the last plan year for which a
Participant Notice was required. This item relates to the
Participant Notice requirement for the 2006 plan year.
The Participant Notice isfor a plan year was due no
later than two months after the due date (or extended due
date) for the Form 5500 series for the prior plan year. For
exampleThus, the 20056 Participant Notice was due two
months after the due date (or extended due date) for the
20045 Form 5500 series. For purposes of determining
whether the Participant Notice was timely issued, if any
due date (or extended due date) fallsfell on a Saturday,
Sunday, or legal holiday, the applicable due date iswas the

Information About Attachments (paper filers only)
(previously item 19, Form 1-EZ)
If you have an exemption from making this filing
electronically and are filing your premium information on
a paper PBGC form, report whether you are providing any
explanation called for by these instructions. Be sure to
show your plan’s EIN/PN and the date on which the
premium payment year commenced (PYCthe EIN/PN for
this filing and the first day of the plan year (identified as
“PYC”) at the top of each sheet.
Item 20 Certification of attachment to your filing that
you use to provide an explanation.
Plan Administrator
The Certification (previously item 20, Form 1-EZ)
All of the information reported pursuant to this Part C
must be certified by the plan administrator must sign and
date. Follow the certification in item 20. The form you
file must bear your original signature in item 20, and we
may return the filing if it does not.
Item 21 Certification of instructions for the electronic

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filing method that you use to make your filing. If your
plan is exempt from the electronic filing requirement for
this filing, and you report the information on a paper
PBGC form, complete the plan administrator certification
on the form.
Enrolled Actuary
If the box in item 12(c) or 12(e) is checked, the
enrolled actuary must certify in item 21 Certification
(previously item 21, Form 1-EZ)
If you claim the variable-rate premium exemption for
fully funded small plans or for plans at the full funding

limit, the variable-rate premium information in this filing
(i.e., that the plan qualifies for the applicable exemption.
The signature ofclaimed exemption from the variable-rate
premium) must be certified by an enrolled actuary.
The actuary must follow the certification instructions
for the electronic filing method that is used to make the
filing. If the plan is exempt from the electronic filing
requirement for this filing, and the information is reported
on a paper PBGC form, the actuary must complete the
enrolled actuary must be filed in originalcertification on
the form.

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Part D ITEM-BY-ITEM INSTRUCTIONS FOR FORM 1
NOTE: This part INFORMATION REQUIRED FOR MULTIEMPLOYER PLANS AND FOR SINGLEEMPLOYER PLANS NOT CLAIMING EXEMPTION FROM THE VARIABLE-RATE PREMIUM
(PREVIOUSLY FILED ON FORM 1)
NOTE: This Part applies only to multiemployer plans
and to single-employer plans that do not claim an
exemption from the variable-rate premium. Unless the
plan meets the requirements for one of the exemptions
described in the instructions for item 12 of Form 1-EZ in
pPart C, it is not exempt. Having a variable-rate
premium of zero is not the same as being exempt from
the variable-rate premium. (See B.3.a., p 11, for a table
that shows which Parts of this booklet contain the
formsinstructions applicable to othervarious types of
filers.) If your plan qualifies for an exemption and also
has a variable-rate premium of zero, you may either file
Form 1-EZ or file Form 1 with Schedule A. See Part
B.3.d., p. 12.

considered to refer to the plan’s first 20067 plan year (and
to filings and notices for that plan year), because that is
the plan’s most recent complete plan year. Similarly, if
your plan had two plan years beginning in calendar 20056,
the references in these instructions and on Form 1 to the
20056 plan year (and to filings and notices for the 20056
plan year) should be considered to refer to the plan’s
second 20056 plan year, which is the plan’s most recent
complete plan year.

file either as an exempt plan or as a non-exempt plan.
See B.3.d., p. 12.

Check forInformation About Disaster Relief
From time to time, when major disasters occur, the
PBGC grants disaster relief by waiving late filing and
payment penalties for certain plans. Disaster relief notices
are issued in Disaster Relief Announcements that are
available on the PBGC’s Web site (www.pbgc.gov). If
your plan is covered by a PBGC dDisaster rRelief
noticeAnnouncement for this premium filing, report that
fact and follow the instructions in the notice and check
this box.

This part describes information that must be reported
for each multiemployer plan and for each single-employer
plan that does not claim an exemption from paying the
variable-rate premium. (Paying a zero variable-rate
premium is not the same as being exempt from the
variable-rate premium.)
This part also explains how to determine the amount
of the flat-rate premium for both multiemployer and
single-employer plans. The flat-rate premium may be $0.
(This may happen if your plan is a new plan that grants no
past service credits, so that there are no benefit liabilities
on the premium snapshot date. A plan with no benefit
liabilities has no participants for premium purposes.) You
must make a premium filing even if the flat-rate premium
is $0. (Part E explains how to determine the amount of the
variable-rate premium.)
Note For Plans With More Than One Plan Year
Beginning in 20056 or 20067: References in these
instructions and on Form 1 to the 20056 plan year (and to
filings and notices for the 20056 plan year) should be
considered to refer to your plan’s most recent complete
plan year. For example, a plan with a shortthat changes its
plan year could have two plan years beginning in calendar
20067. When such a plan makes its premium filing(s) for
its second 20067 plan year, the references in these
instructions and on Form 1 to the 20056 plan year (and to
filings and notices for the 20056 plan year) should be

Check forInformation About Amended Filing
If you are amending your 20067 premium filing,
checkreport this boxat fact and completefollow the form(s)
as explainedinstructions for amended filings in B.6., p. 16.

The “Item” numbers below refer to the item or line
numbers on the Form 1.
Item 1 Name of Plan Sponsor
For a single-employer plan with one contributing sponsor,
enter the name and address of the contributing sponsor.
For a single-employer plan with two or more contributing
sponsors that are all in a single controlled group,
enterDisaster Relief Announcement. Provide any
explanation called for in the Disaster Relief
Announcement.
Information About Plan Sponsor (previously item 1,
Form 1)
Report the name and address of the parent of the
controlled group or, if there is no parent, of the largest
member of the controlled group (whether or not the parent
or largest member is a contributing sponsor).
For a single-employer plan with two or more contributing
sponsors that are not all in a single controlled group, first
identify the controlled group, or contributing sponsor that

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is not in a controlled group, that has the most participants
in the plan. If you identify a contributing sponsor that is
not in a controlled group, enter the name and address of
that contributing sponsor. But if you identify a controlled
group, then enter the name and address of the parent of
that controlled group or, if there is no parent, of the largest
member of that controlled group (whether or not the
parent or largest member is a contributing sponsor).
For a multiemployer plan, enter the name and address of
the association, committee, joint board of trustees, or other
entity that establishes or maintains the plan.
plan sponsor. Report separately the first line of the
address, the second line of the address, the city, the state,
and the zip code.
Make sure you report the plan sponsor’s name and
address correctly, especially if there has been a change in
the last year. If the plan sponsor’s address or name has
changed since your last filing, checkreport the first boxat
fact. in the upper right hand corner of item 1.
It is very important that the address shown in item 1 be
correct.
If your plan’s premium filings are prepared by a
consultant, you may not need to receive your own copy of
PBGC paper premium instructions. you report be correct.
Information About Receiving Paper Instructions
(previously part of item 1, Form 1)
If you do not want to receive paper premium
instructions next year, check the second box in the upper
right hand corner of item 1report that fact. An election not
to receive the paper instructions does not relieve the plan
administrator of the obligation to file.
Item 2 Name of Note that My PAA’s data entry and
editing screens provide on-line premium filing instructions
without the need for paper instructions.
Information About Plan Administrator (previously
item 2, Form 1)
Report the name and address of the plan administrator.
If the name and address of the plan administrator is the
same as that of the plan sponsor, check the second box in
the upper right hand corner of item 2 and skip to item 3.
Otherwise, enter the name and address ofyou may satisfy
this requirement by reporting that fact.
In reporting the plan administratoradministrator’s
address, report separately the first line of the address, the
second line of the address, the city, the state, and the zip
code.
If the plan administrator’s address or name has
changed since your last filing, checkreport the first boxat
fact. in the upper right hand corner of item 2.
It is very important that the plan administrator’s name and

address be correct, especially if there has been a change in
the last year. This is the address we will use to mail your
2007correspondence with the plan (including premium
filing instructions.
Item 3 Plan Sponsor’s EIN/PN, Electronic filing
Item 3(a) EIN For The Plan Sponsor
Enter the EIN for).
Information About EIN/PN (previously items 3(a), (b),
and (c), Form 1)
Report the EIN of the plan sponsor identified in
item 1.
Item 3(b) Plan Number
Enter Report the Plan Number (PN) forof the plan.
Item 3(c) Does EIN/PN Match Form 5500?
In general, Report whether or not the EIN and PN entered
in item 3(a) and (b) should be the same as the EIN and PN
reported on the Form 5500 series for the plan year
preceding the premium payment year.
If the EIN and PN entered in item 3(a) and (b)this filing
both match exactly the EIN/PNEIN and PN entered on the
Form 5500 series for the plan year preceding the premium
payment year, check the “Yes” box.
If either the EIN; or PN is not exactly the same, check the
“No” box, enter the EIN/PN used for the Form 5500 filing,
attach an explanation, and check the box in item 18.
Iif your plan is a new plan that is not required to file the
Form 5500 series for the plan year preceding the premium
payment year because the plan did not exist, check the box
labeled “2005 Form 5500 not required.”
Item 3(d) Exemption from electronic filing
This item is only for plans that are subject to
mandatory electronic premium filing. The PBGC expects
to publish in early 2006 a final rule making electronic
filing mandatory for 2006 premium filings made on or
after July 1, 2006, for large plans (plans that were required
to pay premiums for 500 or more participantsreport that
filing of the Form 5500 series for the plan year preceding
the premium payment year). If you are not subject to
mandatory e-filing, you should leave this item blank.
If you are subject to mandatory e-filing, you are
required to make your 2006 premium filing electronically
unless the was not required.
If either the EIN or the PN for this filing is not exactly
the same as what was entered on the Form 5500 series for
the plan year preceding the premium payment year, report
both the EIN and the PN entered on the Form 5500 filing

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and provide an explanation.
Information About Exemption From Electronic Filing
(paper filers only) (previously item 3(d), Form 1)
This information is only required for a plan that makes
a paper premium filing.
Report whether or not PBGC has granted theyour plan
an exemption from electronic filing for good cause in
appropriate circumstances.
If the PBGC has granted you an exemption from
electronic filing for the 2006 final premium declaration,
check the box to indicate that you have an exemptionthe
requirement to make this filing electronically.
If you do not have an exemption but you choose to
make a paper filing in anticipation of an exemption, check
the box to indicate that you do not have an exemption, and
provide an explanation. Either indicate when you
submitted the exemption request to which the PBGC has
not yet responded, or attach your exemption request.
If you do not receive the anticipated exemption, your
paper filing will not satisfy the electronic filing
requirement. Failure to comply with the electronic filing
requirement without an exemption is subject to penalty
under section 4071 of ERISA.
Item 4 Information About Change In EIN/PN
This item should be completed to report a change in
EIN or PN since (previously Item 4, Form 1)
If the EIN and PN for this filing do not both match
exactly the EIN and PN for your last premium filing. The
EIN of the plan sponsor or the plan’s PN may change for a
number of reasons.
Item 4(a) Change In EIN
Enter the previous EIN in the space provided.
Item 4(b) Change In PN
Enter the previous PN in the space provided.
Item 4(c) Effective Date
Enter for this plan, report both the EIN and the PN for the
last premium filing and report the effective date of the
change in the EIN/PN.
Item 5 Information About Plan Coverage Status
(previously item 5, Form 1)
If Report either that the plan is covered under section
4021 of ERISA, check 5(a) “Covered.”
or that you are not certain whether the plan is covered.
See B.1.a., p. 7. If you report that you are not certain
whether the plan is covered, provide an explanation of
why you are uncertain.
If you are not certain ifwhether the plan is covered,

check 5(b) “Uncertain.” See B.1.a., p. 7.
If you check “Uncertain,” you should complete Form 1file
the premium information and pay the applicable premium
as if the plan were covered. Attach a separate sheet to
explain why you checked “Uncertain,” and check the box
in item 18.
Item 6 Is This The First Year’s Premium Filing For
This Plan?
Check the “No” box if you are filing for the second or
subsequent plan year of coverage, and go to item 7. Check
the “Yes” box if you are filing for the first plan year of
coverage, and complete items 6(a), 6(b), and 6(c).
Item 6(a)
Information About Plan Inception (previously item 6,
Form 1)
Report whether or not this premium filing is for the
plan’s first year as a covered plan.
If this premium filing is for the plan’s first year as a
covered plan, report the Plan Effective Date
Enter, the Plan Adoption Date, and the Plan Coverage
Date.
The Plan Effective Date is the date on which the plan
became effective with respect to benefit accruals for future
service. This date is considered to be the first day of a
new plan’s short first year for purposes of prorating the
premium (see B.5., p. 13). If the aPlan Adoption dDate of
a newly created plan covered under section 4021 of
ERISA is after its ePlan Effective dDate (i.e., the plan is
adopted retroactively), you may report either the aPlan
Adoption dDate or the ePlan Effective dDate as the first
day of the plan year in item 12(a). For a new plan, but the
date that you enter in item 12(a)first day of the plan year
must also be used as the premium snapshot date.
Item 6(b) The Plan Adoption Date
Enter is the date on which the plan was formally adopted.
Item 6(c) The Plan Coverage Date
Enter is the date on which the plan became covered under
section 4021 of ERISA. If you are unsurenot certain
whether your plan is covered, check the “Uncertain” box
in item 5 and leave this date field blank.
Item 7 do not report a Plan Coverage Date.
Information About Transfers From Disappearing
Plans (previously item 7, Form 1)
If Report whether or not a plan other than yours ceased
to exist in connection with any transfer of assets or
liabilities from that plan to your plan since the last

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premium filing, check the “Yes” box in item 7. In the case
of a plan that is filing for the first time, this includes a
transfer of assets or liabilities that was made to the plan
when it was established, if the transferor plan ceased to
exist in connection with the transfer. If you check “Yes,”
enter in the spaces provided the EIN/PN of
For each plan that ceased to exist in connection with
thea transfer of any assets or liabilities from that plan to
your plan. Also enter since the type andlast premium
filing, report the EIN/PN of the plan, the effective date of
each transfer.
the transfer, and whether the transaction involved was
a merger, consolidation, or spinoff. The types of
transferstransactions are explained in A.9., p.6. For
purposes of this item, “M” designates a merger, “C”
designates a consolidation, and “S” designates a spinoff.
Check the box under the appropriate letter for the type of
each transfer.
If you have an exemption from making this filing
electronically and are filing your premium information on
a paper PBGC form (which only has space to report one
transfer), and you need to report information about more
than one transfer, provide an explanation that gives the
required information about the transfers for which there is
no space on the form.
The effective date of a transfer is determined based on
the facts and circumstances of the particular situation.
(For transfers subject to section 414(l) of the Code, report
the date determined under 26 CFR 1.414(l)-1-1(b)(11).)
Example: The merger agreement between Plans A and
B provides that participants of Plan A will cease accruing
benefits under Plan A and begin coverage and benefit
accruals under Plan B as of January 1, 20067, and that the
obligation to pay benefits to Plan A participants will pass
from Plan A to Plan B as of that date. The agreement also
provides that Plan A’s assets will be transferred to Plan
B’s account as soon as practicable. The transfer actually
occurs on February 17, 20067. The effective date of the
transfer is January 1, 2006.
If you need to report transfers from more than 2 plans,
attach a separate sheet listing the EIN/PN of each
additional plan and the effective date and type of each
transfer. If you attach a separate sheet, check the box in
item 18.
2007.
You do not need to report any transfer in this item
unless the transferor plan ceased to exist in connection
with the transfer — i.e., transferred all of its assets and
liabilities to your plan or to two or more plans including
your plan. You also do not need to report a transfer in this
item if you have no reasonable way of determining

whether or not the transferor plan ceased to exist in
connection with the transfer.
Note that premium proration is not available for
“overlapping” premium payments resulting from a plan
merger, consolidation, or spinoff.
NOTE: If we do not receive an expected premium filing
from a plan, we normally contact the plan for an
explanation. The purpose of item 7reporting these
transfers is to avoid the need for such correspondence
where the reason thea plan is not filing is that it has
disappeared as the result of a merger, consolidation or
spinoff. However, the item 7 explanationreport about
transfers can only have its intended effect if we receive it
from the transferee plan before the disappearing plan’s
next expected premium filing due date. If the transferee
plan does not expect to file until after that, the need for
correspondence can be avoided by sending us the item 7
informationreport about transfers earlier — in writing —
as described in item 4. under “CONTACTS,” p. ii.
Item 8 Information About Business Code and CUSIP
Number
Item (previously item 8(a, Form 1)
EnterReport the 6--digit code that best describes the
nature of the employer’s business. If more than one
employer is involved, enterreport the business code for the
predominant business activity of all employers. Choose
one code from the list in Appendix B at the back of this
package.
Item 8(b)
If a CUSIP number has been assigned to publicly
traded securities of the plan sponsor identified in item 1 or
any member of the plan sponsor’s controlled group,
enterreport the first 6 digits of the CUSIP number. If the
plan sponsor has no CUSIP number, enter N/A.
Item 9 Name of Plan
Enter
Name of Plan (previously item 9, Form 1)
Report the complete name of the plan as stated in the
plan document. For example, “The ABC Company
Pension Plan for Salaried Personnel.”
Item 10 Name and Phone Number of Plan Contact
Item 10(a) Name of Plan Contact
Enter the nameInformation About Plan Contact
(previously item 10, Form 1)
Report the name and phone number of the person we

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may contact if we have any questions concerning this
filing. If Form 1the filing is completed by a plan
consultant, you may enterreport the consultant’s name.

because it disappears by merger, consolidation, or spinoff
does not qualify for premium proration.
Item 12(c)
Check the box if
If this filing is for the plan’s last year
because the plan has terminated, enter —
a. for a multiemployer plan that distributed all its
assets pursuant to section 4041A of ERISA, the date the
distribution is completed; or
b. for a single-employer plan, the earlier of —
(1) the date on which the distribution of the plan’s
assets in satisfaction of all benefit liabilities was
completed; or
(2) the date that a trustee for the terminating plan was
appointed under ERISA section 4042.
If the month and day on which the plan year begins is
not the same as that shown on the last Form 1 or Form 1EZ you filed with us. Attach a separate sheet withreported
in your last premium filing for this plan, report that fact
and provide a brief explanation for the change, and check
the box in item 18.

Item 10(b) Phone Number of Plan Contact
Enter the phone number of the plan contact named in item
10(a).
Item 11 Plan Type
Check the applicable box to show plan type and phone
number.
Information About Plan Type (previously item 11,
Form 1)
Report the plan type, i.e., whether the plan is a
multiemployer plan or a single-employer plan. See A.8.,
p. 6, for an explanation of the distinction between
multiemployer and single-employer plans.
Item 11(a) Multiemployer Plans
Check item 11(a), “Multiemployer Plan,” if the plan is a
multiemployer plan.
Item 11(b) Single-Employer Plans
Check item 11(b), “Single-Employer Plan,” if the plan is
not a multiemployer plan.
Item 12 Plan Year
Item 12(a)
EnterInformation About Plan Year (previously item 12,
Form 1)
Report the beginning date of the plan year for which
you are making the premium payment (the first day of the
premium payment year). If you are filing for the first year
of a new plan, this should generally be the ePlan Effective
dDate of the plan. However, if a newly created plan was
adopted with a retroactive effective date, you may use the
aPlan Adoption dDate as the first day of the plan year for
purposes of determining the premium snapshot date, the
filing due date, and premium proration (if any); in that
case, enterreport the aPlan Adoption dDate hereas the first
day of the plan year.
Item 12(b)
Enter Report the ending date of the plan year for which
you are making the premium payment (the last day of the
premium payment year).
If this filing is for the plan’s last year because the plan
has merged or consolidated into another plan or has spun
off all its participants, liabilities, and assets to other plans,
enter the effective date of the merger, consolidation, or
spinoff. Note that a plan that has a short plan year

Item 12(d)
If you checked the box in item 12(c), enter. Also
report the adoption date of the plan year change. I; or, if
the plan year beginning date has changed for a reason
other than a change in the plan year — i.e., because the
plan uses a 52/53--week plan year, or because this is the
second year of a plan whose first plan year was a short
year — enter all zeroes in item 12(d).
Item 13 report that the change in the first day of the plan
year is not due to an amendment changing the plan year
(or report that the adoption date for the plan year change is
"00/00/0000").
Participant Count
(previously item 13, Form 1)
Enter Report the participant count (the total number of
participants covered by the plan, counted as of the
premium snapshot date). This is the number on which the
plan’s premium is based. Count the number of plan
participants as of the premium snapshot date.
For post--2000 plan years, newly created plans that do
not grant past service credits typically have a participant
count of zero for premium purposes. See the definition of
“participant” in A.7., p. 4.
The participant count for premium computation
purposes for thea PBGC Form 1premium filing and the
participant count for item 7 of the Form 5500 filed in the
same year (e.g., the 2006 Form 17 premium filing and the
20056 Form 5500) are generally determined as of the same
date, i.e., the last day of the plan year preceding the year

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ofin which the filing is made. However, the two
participant counts may differ. For example —
!For

!There

The variable-rate premium is determined in
accordance with Part E, p. __.
For a single-employer plan that is not exempt from the
variable-rate premium, the total premium equals the
flat-rate premium plus the variable-rate premium.

! For premium purposes, individuals who are
earning or retaining credited service but with
respect to whom a plan has no benefit liabilities
are not counted as participants. But individuals
who are earning or retaining credited service are
considered to be participants for purposes of item
7 of the Form 5500, even if the plan has no benefit
liabilities with respect to them.

Note:: The 20067 per--participant flat premium rate of
$301 for single-employer plans and $8 for multiemployer
plans was established under recently enacted legislation.
Congress is also considering other legislation that might
further change flat-rate premiums. We will make updated
information about the flat premium rate available as we
get it: check our web site (www.pbgc.gov) or call or write
us (at the address and phone numbers in item 4. under
“CONTACTS” on p. ii) for more information.

! There is a difference in the break-inservicebreak-in-service rules that apply to
Form 1the participant count for premium
purposes and to item 7 of Form 5500. For
purposes of item 7 of Form 5500, whether a
non--vested individual is excluded from the
participant count because of a break in service
depends upon the plan language; under the
provisions of most plans, the instructions for
item 7 would require that a separated non-vested individual be counted as a participant
until the individual has incurred five or more
consecutive one--year breaks in service. For
premium purposes of Form 1, on the other
hand, a non--vested individual is excluded
from the participant count because of a break
in service when the individual has incurred a
one--year break in service under the terms of
the plan.

Item 14(c) SINGLE-EMPLOYER Variable-rate Premium
For a single-employer plan, enter in item 14(c) the amount
in item 6 of Schedule A. This is the single-employer plan
variable-rate premium.
Item 14(d) SINGLE-EMPLOYER Total Premium
For a single-employer plan, add items 14(b) and 14(c) and
enter the result in item 14(d). This is the total singleemployer plan premium.
Item 15 reflects inflation adjustments provided for in the
Deficit Reduction Act of 2005.
Information About Premium Credits
Item 15(a) Amount Paid With 2006 Estimated Filing
Enter any amounts (previously item 15, Form 1)
Report your 2007 estimated premium payment, your
other credit, and your total credit.
Your 2007 estimated premium payment is any amount
you previously paid for the 20067 plan year with an
estimated filing. Do not include any credits claimed in
your estimated filing.

Item 14 Information About the Premium (previously
item 14, Form 1) (Ssee Note below)
Item 14(a) MULTIEMPLOYER Premium
For a multiemployer plan, multiplyreport the total
premium. For a multiemployer plan, the total premium
equals the flat-rate premium, and the flat-rate premium for
plan years beginning in 2007 is $8 multiplied by the
participant count in item 13 by $8 and enter the result in
item 14(a). This is the total multiemployer plan premium.
Item 14(b) SINGLE-EMPLOYER Flat-rate Premium
.
For a single-employer plan, multiplyreport the flat-rate
premium, the variable-rate premium, and the total
premium.
For a single-employer plan, the flat-rate premium for
plan years beginning in 2007 is $31 multiplied by the
participant count in item 13 by $30 and enter the result in
item 14(b). This is the single-employer plan flat-rate.

Item 15(b) O Your other credit
Enteris the aggregate amount of any credit you are entitled
to: (1) any available credit (other than an estimated
short-year credit) claimed in your 20067 estimated filing,
(2) any available credit from item 17 of your 2005 Form 1
or Form 1-EZ (or from an equivalent electronic filing), (3)
any short-year2006 premium filing, (3) any short-year
credit (as explained in B.5. (Prorating Your Premium), p.
13), and (4) any other available credit. AttachProvide an
explanation of any other credit claimed in item 15(b)you
claim (other than an amount entered in item 17 of your
2005 Form 1 or Form 1-EZ or in an equivalent electronic
filing) and check the box in item 18.

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Item 15(c) Total Credit
Add items 15(a) and 15(b) and enter the result in item
15(c) of the Form 1. This isavailable credit from your
2006 premium filing).
Your total credit is the sum of the 2007 estimated
premium payment and your other credit.

check or electronic funds transfer.

Information About Payment Due PBGC (previously
item 16, Form 1)
If the total premium equals or exceeds the total credit.
Item 16 Premium Due The PBGC
If this is a multiemployer plan and the amount you entered
in item 14(a) exceeds the amount entered in item 15(c),
subtract the amount entered in item 15(c) from the amount
entered in item 14(a) and enter the result in item 16 of
Form 1total credit from the total premium and report the
result as the amount due. This is the amount you owe the
PBGC.
If this is a single-employer plan and the amount you
entered in item 14(d) exceeds the amount entered in item
15(c), subtract the amount entered in item 15(c) from the
amount entered in item 14(d) and enter the result in item
16 of the Form 1. This is the amount you owe the PBGC.
PBGC.
You must pay the premiumamount due by paper check
or electronically. Indicate by checking one of the boxes in
item 16 which method you are using.
Report whether you are paying by paper check or
electronically. Do not combine the premiums for two or
more plans into one payment.
Follow the instructions in My PAA for the type of
payment you are making; or, if you have an exemption
from making this filing electronically and are filing your
premium information on paper, then —
If you pay by paper check, write the EIN/PN (from
item 3(a) and (b) of Form 1) and the date the premium
payment year commenced (PYCfor this filing and the
First Day of the Plan Year (identified as “PYC”) on
the check and filesend the check with Form 1your
paper filing.
If you pay by electronic funds transfer, make the
transfer as described in item 3.d. under “CONTACTS”
on p. ii. Report the EIN/PN from item 3(a) and (b) of
Form 1, and the date the premium payment year
commenced (PYC),for this filing and the First Day of
the Plan Year (identified as “PYC”) in the payment ID
line of the electronic funds transfer in the format
“EIN/PN: XX--XXXXXXX/XXX PYC:
MM/DD/YY.”
To ensure proper credit for your premium payment,
the payment must be for the exact amount due for the plan.
Do not combine payments for different plans in a single

Item 17 Amount Of Overpayment
If this is a multiemployer plan and the amount you entered
in item 14(a)Information About Overpayment
(previously item 17, Form 1)
If the total premium is less than the amount entered in
item 15(c), subtract the amount entered in item 14(a) from
the amount entered in item 15(c) and enter the result in
item 17. This is the amount of your overpayment.
If this is a single-employer plan and the amount you
entered in item 14(d) is less than the amount entered in
item 15(c), subtract the amount entered in item 14(d) from
the amount entered in item 15(c) and enter the result in
item 17. This is the amount of your overpayment.
If item 17 showstotal credit, subtract the total premium
from the total credit and report the result as the
overpayment.
If you have an overpayment, you may request that the
amount of the overpayment either be refunded or be
applied against the next year’s premium for the plan.
To request that Report whether you want the amount of
the overpayment to be applied against the next year’s
premium for the plan, check the first box in item 17 or
refunded. If you request application of the overpayment
against the next year’s premium for the plan, you should
claim the overpayment amount as a credit on the next
year’s premium filing for the plan.
To If you request a refund, check the second box in item
17. Ifand you want yourthe refund paid by electronic
funds transfer, check either the third or the fourth box in
item 17 to indicate whether the account to which the
refund is to be credited is a checking account or savings
account, and enter in the fifth and sixth boxes of item
17provide the bank routing number and account number to
which the refund is to be credited and indicate whether the
account is a checking account or savings account. If you
want the refund credited to a sub--account within the main
account, enteralso provide the sub--account number in the
seventh box of item 17.
See B.7.b., p. 18, for more information on
overpayments.
Item 18 Additional Information
If you have used attachments other than the Schedule A to
explain any of your answers, check the box in item
18Information About Attachments (paper filers only)
(previously item 18, Form 1)
If you have an exemption from making this filing
electronically and are filing your premium information on
a paper PBGC form, report whether you are providing any
explanation called for by these instructions. Be sure to
show your plan’s EIN/PN and the date on which the

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premium payment year commenced (PYCthe EIN/PN for
this filing and the first day of the plan year (identified as
“PYC”) at the top of each sheet.
Item 19 Certification of Multiemployer attachment to
your filing that you use to provide an explanation.
Plan Administrator

If your plan is a multiemployer plan, then you, as
Certification (previously item 19, Form 1)
All of the information reported pursuant to this Part D
must be certified by the plan administrator, must sign the
Form 1 in this space. Your signature must be filed in
original form. We may return your filing if it does not
have your signature. Single-employer plans — see items 8
and 9 of Schedule A to Form 1.

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Part E ITEM-BY-ITEM INSTRUCTIONS FOR
SCHEDULE A. Follow the certification instructions for
the electronic filing method that you use to make your
filing. If your plan is exempt from the electronic filing
requirement for this filing, and you report the information

on a paper PBGC form, complete the plan administrator
certification on the form.
For a single-employer plan, you need not separately
certify the information reported pursuant to Parts D and E.
A single certification of all the information in your filing
is sufficient.

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Part E VARIABLE-RATE PREMIUM (AND OTHER) INFORMATION REQUIRED FOR SINGLEEMPLOYER PLANS NOT CLAIMING EXEMPTION FROM THE VARIABLE-RATE PREMIUM
(PREVIOUSLY FILED ON SCHEDULE A)
NOTE: This part applies only to single-employer plans
(including new single-employer plans) that do not claim
an exemption from the variable-rate premium. UA plan
is not exempt unless the planit meets the requirements
for one of the exemptions described in the instructions
for item 12 of Form 1-EZ in part C, it is not exempt
plans in Part C. Having a variable-rate premium of zero
is not the same as being exempt from the variable-rate
premium. (See B.3.a., p. 11, for the forms 11, for a table
that shows which Parts of this booklet contain the
instructions applicable to othervarious types of filers.) If
your plan qualifies for an exemption and also has a
variable-rate premium of zero, you may either file Form
1-EZ or file Form 1 with Schedule A. See Part B.3.d., p.
12.
This part explains how to fill out the Schedule A that
must be attached to Form 1file either as an exempt plan
or as a non-exempt plan. See B.3.d., p. 12.
This part describes the variable-rate premium
information that must be provided for each singleemployer plan (including a new single-employer plan) that
does not claim an exemption from paying the variable-rate
premium. (Paying a zero variable-rate premium is not the
same as being exempt from the variable-rate premium.)
You use Schedule A It also describes information relating
to the Participant Notice requirement that must be
provided by single-employer plans that do not claim
exemption from the variable-rate premium.

methods for calculating the variable-rate premium
(including the definition offor 2007. This is because the
IRS has published a final rule (71 FR _____, __________
__, 2006) prescribing new mortality tables for determining
current liability under ERISA section 302(d)(7)(C)(ii)(II),
effective for plan years beginning in 2007. Accordingly,
under ERISA section 4006(a)(3)(E)(iii), the Required
Interest Rate that is used to determine the variable-rate
premium). We will make updated information about the
variable-rate premium available as we get it: check our
web site (www.pbgc.gov) or call or write us (at the
address and phone numbers in item 4. under
“CONTACTS” on p. ii) for more informationfor 2007 is
100 percent of the annual rate of interest determined by
the Secretary of the Treasury on amounts invested
conservatively in long-term investment-grade corporate
bonds for the calendar month preceding the calendar
month in which the premium payment year begins, and the
market value (rather than actuarial value) of assets is to be
used in determining unfunded vested benefits for 2007
premiums. However, most plans will not use the new
mortality tables themselves to determine 2007 premiums.
That is because premiums are calculated as of the
premium snapshot date, which for most plans is the last
day of the 2006 plan year. The old mortality tables were
still in effect for plan years beginning in 2006. Plans with
premium snapshot dates that fall in plan years beginning
in 2007 (such as new plans) will use the new tables.
We remind filers that, in the preamble to the October
5, 1988, proposed premium regulation, the PBGC stated:

This part also explains how to determine the amount
of the variable-rate premium. For some plans, the amount
will be $0. The variable-rate premium (even if it is $0)
must be entered on the Schedule A, item 6, and also on the
Form 1, item 14(c). You, and in some cases an enrolled
actuary, must certify thatYou must make a premium filing
even if the variable-rate premium is correct, even if the
amount is $0.
The variable-rate premium is $9 per $1,000, or
fraction thereof, of unfunded vested benefits as of the
premium snapshot date (subject to a cap for plans of
certain small employers). The vested benefits must be
valued using the Required Interest Rate (see A.7., p. 6.)
Note: As these instructions were being prepared,
Congress was considering legislation that would change
the manner of determining
Note: There is a change in the assumptions and

Finally, the PBGC has received inquiries as to
whether to include contingent benefits, such as “30and-out” and disability benefits, in determining a
plan’s vested benefits. Unless a participant has met
the requirements for and become entitled to receive a
contingent-type benefit, the benefit is not a vested
benefit for premium purposes. . . . Thus, 30-and-out
benefits and disability benefits for which a participant
is not immediately eligible as of the last day of the
plan year preceding the premium payment year are not
included in vested benefits as of that date.
53 F.R. 39200, 39201-202.
Note: Money amounts entered in items 2, 3, 4, and 5
of Schedule Areported should be in dollars only (no
cents). See rRounding rules are provided in the

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instructions under these itemsbelow.
Note For Plans With More Than One Plan Year
Beginning in 20056 or 20067: References in these
instructions and on Schedule A to the 20056 plan year
(and to filings and notices for the 20056 plan year) should
be considered to refer to your plan’s most recent complete
plan year. For example, a plan with a shortthat changes its
plan year could have two plan years beginning in calendar
20067. When such a plan makes its premium filing(s) for
its second 20067 plan year, the references in these
instructions and on Schedule A to the 20056 plan year
(and to filings and notices for the 20056 plan year) should

be considered to refer to the plan’s first 20067 plan year
(and to filings and notices for that plan year), because that
is the plan’s most recent complete plan year. Similarly, if
your plan had two plan years beginning in calendar 20056,
the references in these instructions and on Schedule A to
the 20056 plan year (and to filings and notices for the
20056 plan year) should be considered to refer to the
plan’s second 20056 plan year, which is the plan’s most
recent complete plan year.
Item 1 Filing Method
You must check only one box to indicate

Information Relating to Filing Method (Previously Item 1, Schedule A)
Report which filing method you use to calculate the
variable-rate premium. There are three filing methods,
which are described in detail below. You should
check:They are —
if you use !

Box (a)

the first day of the plan year preceding the premium
payment year that are required to be reported in the plan’s
Form 5500, Schedule B. (A more complete description of
the ACM is at E.1.b., on p. 353.)

the General Rule method;

Box (b)

! if you use the Alternative Calculation
Method (ACM); orand

Box (c)

!

If your plan is terminating in a distress or involuntary
termination, you may instead use the modified ACM for
such plans. The modified ACM uses the Schedule B for
the termination plan year or, if unavailable, for the
preceding plan year. (A more complete description of the
modified ACM is at E.1.c., on p. 354.) If you use the
modified ACM, you must follow the instructions in Part F,
which tell you how to modify the ACM instructions in this
Part E for items 2 through 6 of Schedule A.

if you use the modified ACM for
plans in distress or involuntary
terminations. In addition, if

If you use the modified ACM, —
- you must enter in item 1report the proposed
date of plan termination (in a distress
termination) or the date of plan termination
sought by the PBGC (in an involuntary
termination), and
-. That date must be on or before the premium
snapshot date. In addition, you must follow
the instructions in Part F, which tell you how
to modify the ACM instructions in this Part E
for items 2 through 6 of Schedule A.
Any plan may use the General Rule method. The
General Rule method requires a determination of vested
benefits and assets and a determination of unfunded vested
benefits by an enrolled actuary as of the premium snapshot
date. (A more complete description of the General Rule
method is at E.1.a., p. 34below.)
To avoid the expense that might be involved in using
the General Rule method, you may wish to consider using
the Alternative Calculation Method (ACM). The ACM
requires only an adjustment of amounts determined as of

Your plan may be eligible for more than one filing
method. However, you may select only one filing method.
Under some filing methods, it may take more time to
completedetermine the Schedule Avariable-rate premium
information than under others. Some methods require the
services of an enrolled actuary. We urge you to review the
descriptions of the three filing methods carefully before
completing Schedule Amaking your premium filing in
order to take advantage of the filing method that best suits
your needs.
a. General Rule. Under the General Rule, an enrolled
actuary determines the amount of unfunded vested
benefits as of the premium snapshot date, in accordance
with ERISA section 4006(a)(3)(E)(iii) and generally
accepted actuarial principles and practices. The actuary
may either perform a valuation as of the premium snapshot
date, or adjust the results of a valuation done as of a
different date to reflect any differences in plan assets,
population, and provisions between the different valuation
date and the premium snapshot date so that the adjusted
results satisfy all of the requirements for the General Rule

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method. A plan’s unfunded vested benefits equal the
excess of: (1) the plan’s current liability (within the
meaning of ERISA section 302(d)(7)) determined by
taking into account only vested benefits and valued at the
Required Interest Rate described in A.7., p. 6, over (2) the
actuarialmarket value of the plan’s assets determined in
accordance with ERISA section 302(c)(2) without a
reduction for any credit balance in the plan’s funding
standard account. (For a plan year to which the first new
mortality tables issued under Code section
412(l)(7)(C)(ii)(II) apply, the fair market value of the
plan's assets must be used. Under a proposed IRS rule
published in the Federal Register on December 2, 2005 (at
70 FR 72260), such tables would not apply until 2007.)
(Section 302(d)(7)(C)(ii) of ERISA and Code section
412(l)(7)(C)(ii) require that a plan’s current liability be
determined using specified mortality tables. As noted
above, the tables are changing for 2007, but the change
will not be reflected in 2007 variable-rate premium
calculations for most plans.)

material difference between the values determined
under the valuation and the values that would have
been determined as of the premium snapshot date
using the assumptions and methods for the plan
year in which the premium snapshot date falls, the
valuation results are adjusted to reflect
appropriately the values as of the premium
snapshot date using those assumptions and
methods. (This adjustment need not be made if
the unadjusted valuation would result in greater
unfunded vested benefits.)

(1) General Requirements: The determination under
the General Rule must reflect the plan’s population
and provisions as of the premium snapshot date.
Population data may be based on an actual census or a
representative sample of the plan’s population. The
enrolled actuary must make the determination using
the same actuarial assumptions and methods used by
the plan for purposes of determining the minimum
funding contributions under section 302 of ERISA and
section 412 of the Code for the plan year in which the
premium snapshot date falls, except to the extent that
other actuarial assumptions are specifically prescribed
by these instructions or are necessary to reflect the
occurrence of a Significant Event (as described in
A.7., p. 5) between the date of the funding valuation
and the premium snapshot date. (If the plan does a
funding valuation as of the premium snapshot date, no
separate adjustment for Significant Events is needed.)
Under this rule, the determination of the unfunded
vested benefits may be based on a plan funding
valuation performed as of the first day of the premium
payment year, provided that —
(i) the actuarial assumptions and methods used are
those used by the plan for purposes of determining
the minimum funding contributions under section
302 of the ActERISA and section 412 of the Code
for the premium payment year, except to the
extent that other actuarial assumptions are
specifically prescribed by these instructions or are
required to make the adjustment described in
paragraph (ii) below; and
(ii) if an enrolled actuary determines that there is a

(2) Certification Requirement (in addition to plan
administrator certification): In all cases under the
General Rule, an enrolled actuary must certify to the
determination of the variable-rate premium.
(i) In the case of a large plan (500 or more
participants), if the enrolled actuary elects to
report the value of accrued benefits in lieu of the
value of vested benefits in item 2(b) of Schedule
A, then the enrolled actuary’s signature in item 9
indicates that the enrolled actuary is certifying that
the actuarial value of plan assets equals or exceeds
the value of all accrued benefits (valued at the
Required Interest Rate described in A.7., p. 6, of
these instructions).
(ii) If the enrolled actuary reports the value of
vested benefits at the plan’s interest rate in item
2(b) of Schedule A, then the enrolled actuary’s
signature in item 9 indicates that the enrolled
actuary is certifying that the interest rate used by
the plan to value current liability was not greater
than the Required Interest Rate described in A.7.,
p. 6.
information.
(3) Size Requirement: Plans with any number of
participants may use this method.
(4) Schedule A Filing Method: Check the box for item
1(a).
b. Alternative Calculation Method. This method is a
simplified method intended to approximate the more
precise determinations of the General Rule. It uses two
sets of formulas to calculate unfunded vested benefits as
of the premium snapshot date.
The first set of formulas adjusts the value of vested
benefits for participants in pay status and deferred vested
participants, as reported on Schedule B of the Form 5500
as of the first day of the plan year preceding the premium
payment year, using the Required Interest Rate prescribed
by ERISA. The Required Interest Rate that applies to your

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plan is determined as described in A.7., p. 6.
The second set of formulas adjusts the resultingvalue
of unfunded vested benefits figure for the passage of time
from the first day of the plan year preceding the premium
payment year to the premium snapshot date (and, for large
plans, adjusts for the occurrence of Significant Events).
The adjustment is necessary because, for premium
purposes, unfunded vested benefits are determined as of
the premium snapshot date.
See the item-by-item instructions for items
2(b)Adjusted Value of Vested Benefits and 5Adjusted
Unfunded Vested Benefits, below, for the two sets of
formulas.
If the Alternative Calculation Method is used by a plan
that has 500 or more participants as of the premium
snapshot date, an enrolled actuary must adjustdetermine
the adjustment theo unfunded vested benefits to reflect the
occurrence of any Significant Event (as described in A.7.,
p. 5) between the first day of the plan year preceding the
premium payment year and the premium snapshot date.

500 or more participants that use this method must report
unfunded vested benefits that reflect the occurrence, if
any, of Significant Events listed in A.7., p. 5.
(4) Schedule A Filing Method: Check the box for item
1(b).
c. Modified Alternative Calculation Method For Plans
Terminating In Distress Or Involuntary Terminations.
Under this special rule, plans terminating in distress or
involuntary terminations may use a modified version of
the Alternative Calculation Method. If you use this filing
method, you must follow the instructions in Part F that tell
you how to modify the ACM filing instructions when
completing Schedule A.

(1) General Requirements: To use the Alternative
Calculation Method, a plan must file a Form 5500 and
Schedule B, for the plan year preceding the premium
payment year, that has —
(i) vested benefit values reported in items 2b(1),
2b(2), and 2b(3);
(ii) the interest rate, reported in item 6a(1), used to
determine the vested benefit values;
(iii) the assumed retirement age reported in item 6b;
and
(iv) assets reported in item 1b(2) or 2a. (For a plan
year to which the first new mortality tables issued
under Code section 412(l)(7)(C)(ii)(II) apply, an
assets figure must be reported in item 2a. Under a
proposed IRS rule published in the Federal Register
on December 2, 2005 (at 70 FR 72260), such tables
would not apply until 2007.)
2a.
(2) Certification Requirements (in addition to plan
administrator certification): For plans with 500 or more
participants, an enrolled actuary must sign the certification
in item 9 to indicate that the unfunded vested benefits
have been adjusted for the occurrence, if any, of a
Significant Event and that the adjustment is consistent
with generally accepted actuarial principles and practices.

(1) General Requirements: The following plans may
use this method:
- Plans that issue notices of intent to terminate in a
distress termination in accordance with ERISA
section 4041(a)(2) setting forth a proposed
termination date that is on or before the premium
snapshot date; or
- Plans for which the PBGC has initiated proceedings
for an involuntary termination and has sought a
termination date on or before the premium snapshot
date.
Some plans terminating in distress or involuntary
terminations may not file the Schedule B for the plan year
preceding the premium payment year and therefore would
not be able to use the Alternative Calculation Method to
calculate unfunded vested benefits. This filing method
allows such plans to calculate unfunded vested benefits
under a variation of the Alternative Calculation Method
that uses vested benefit values and asset values from an
earlier Schedule B than under the Alternative Calculation
Method. The Schedule B used under this special rule must
be for the plan year that includes (in the case of a distress
termination) the proposed date of termination or (in the
case of an involuntary termination) the termination date
sought by the PBGC, or, if no Schedule B is filed for that
plan year, the Schedule B for the preceding plan year. The
Schedule B must have the entries required for the
Alternative Calculation Method, as described in these
instructions. (NOTE: Item references in the Alternative
Calculation Method instructions are to the 2005 Schedule
B. If the Schedule B you are using under this special rule
is for an earlier year with different item numbers, use the
corresponding item numbers listed in Part F.)

certify the variable-rate premium information.
(3) Size Requirements: Plans with any number of
participants may use this method. However, plans with

NOTE: This method assumes (in the case of a distress
termination) that the PBGC has not disapproved the
termination or (in the case of an involuntary termination)

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that the PBGC’s petition for involuntary termination has
not been denied, dismissed, or withdrawn. If any of these
events occurs, the plan will be treated as an ongoing plan
and must file amended premium forms using another
permitted filing method. If additional premiums are due,
interest and penalties will be charged retroactive to the
original due date(s).

administrator certification): Same as for Alternative
Calculation Method.
(3) Size Requirement: Same as for Alternative
Calculation Method.
(4) Schedule A Filing Method: Check the box for item
1(c).

(2) Certification Requirement (in addition to plan

Item 2 Information Relating to Present Value Of Vested Benefits (Previously Item 2, Schedule A)
RoundIn reporting information relating to the present
value of vested benefits, round entries that include cents
down to the next lower whole dollar amount.

Required Interest Rate
Report the Required Interest Rate (see A.7., p.

Determination Date
General Rule filers: EnterReport the date as of which
the value of vested benefits was determined for premium
purposes (the “determination date”). The determination
date must be the premium snapshot date.
ACM filers: EnterReport the date as of which the value
of vested benefits for the 20056 Form 5500, Schedule B,
item 2b, were valuedwas determined (the “determination
date”). That date must be the first day of the 20056 plan
year. If it is not, you cannot use the Alternative
Calculation Method. (Modified ACM filers may report a
different determination date as explained in Part F.)
Assumed Retirement Age
Enter
Report the assumed retirement age used to
determine the present value of vested benefits for
participants and beneficiaries not receiving payments. For
ACM filers, this must be the same as the retirement age
actuarial assumption reported on the 20056 Form 5500,
Schedule B, item 6b.

Enter
6).
General Rule filers use the Required Interest Rate to
value vested benefits for premium purposes. ACM filers
use the Required Interest Rate to determine the adjusted
present value of vested benefits.
Accrual Factor
General Rule filers: Leave this item blankDo not
report an accrual factor.
ACM filers: TReport the accrual factor refersthat is
used to theadjust for benefit accrual adjustment factor of
1.07 that you use in the “Item 2(b) Procedure.” Enter
1.07.
Item 2(a) accruals under the “Benefit Adjustment Rules
for ACM filers” to determine the adjusted value of vested
benefits, described below. The factor must be 1.07.
(Modified ACM filers may report a different factor as
explained in Part F below.)

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Information Relating to Plan Value of Vested Benefits
(Previously Item 2(a), Schedule A)
General Rule filers: Make no entries in either the
“Value” column or the “Interest Rate” column of item
2(a).
ACM filers: Fill out items 2(a)(1), 2(a)(2), and 2(a)(3)
as follows:
Item 2(a)(1) Do not report information relating to plan
value of vested benefits.
ACM filers: Report the following information:
Plan Value Of Vested Benefits -For Those Receiving
Payments (previously item 2(a)(1) (Value column),
Schedule A) (ACM filers only)
In the “Value” column, enter
Report the present value
of vested benefits for retirees and beneficiaries receiving
payments, determined as of the first day of the 20056 plan
year (the “plan value of vested benefits for those receiving
payments”). The amount entered must be the same as the
amount reported on the 20056 Form 5500, Schedule B,
item 2b(1), in the Vested Benefits column, “Operational
information as of beginning of this plan year — ‘RPA ’94’
current liability — for retired participants and
beneficiaries receiving payments.”
In the “Interest Rate” column, enter the plan interest rate
used to determine the present value of vested benefits.
The interest rate must be the same as the current liability
interest rate reported on the 2005 Form 5500, Schedule B,
item 6a.
Item 2(a)(2) Plan Value of Vested Benefits -For Those
Not Receiving Payments (previously item 2(a)(2) (Value
column), Schedule A) (ACM filers only)
In the “Value” column, enter
Report the present value

Item 2(b)Information Relating to Adjusted Value of
Vested Benefits (Previously Item 2(b), Schedule A)
General Rule filers: Report in item 2(b) the value of the
plan’s vested benefits, determined in accordance with the
requirements set forth in the instructions for item 1 of
Schedule AInformation Relating to Filing Method above.
TReport separately the value for retirees and beneficiaries
receiving payments goes in item 2(b)(1(the “adjusted
value of vested benefits for those receiving payments”),
the value for participants not receiving payments in item
2(b)(2(the “adjusted value of vested benefits for those not
receiving payments”), and the total value (the sum of
items 2(b)(1) and 2(b)(2)) in item 2(b)(3adjusted value of
vested benefits (the sum of the adjusted value of vested

of vested benefits for participants not receiving payments,
determined as of the first day of the 20056 plan year (the
“plan value of vested benefits for those not receiving
payments”). This includes all active vested participants
and separated participants with deferred vested benefits.
The amount entered must be the sum of the following two
amounts reported on the 20056 Form 5500, Schedule B:
a. Item 2b(2), in the Vested Benefits column,
“Operational information as of beginning of this plan year
— ‘RPA ’94’ current liability — for terminated vested
participants,” and
b. Item 2b(3), in the Vested Benefits column,
“Operational information as of beginning of this plan year
— ‘RPA ’94’ current liability — for active participants.”
In the “Interest Rate” column, enter the plan
Current Liability Interest Rate (previously item 2(a)
(Interest Rate column), Schedule A) (ACM filers only)
Report the current liability interest rate used to
determine the present value of vested benefits. The
interest rate must be the same as the current liability
interest rate reported on the 20056 Form 5500, Schedule
B, item 6a.
Item 2(a)(3) Total Plan Value of Vested Benefits
(previously item 2(a)(3), Schedule A) (ACM filers only)
Enter
Report the total amount of the present value of
vested benefits determined with the plan’s actuarial
assumptions (the “total plan value of vested benefits”).
This is the total of item 2(a)(1) plus item (2)(a)(2)the plan
value of vested benefits for those receiving payments plus
the plan value of vested benefits for those not receiving
payments. The amount entered must be the same as the
amount on the 20056 Form 5500, Schedule B, item 2b(4)
in the Vested Benefits column, “Operational information
as of beginning of this plan year — ‘RPA ’94’ current
liability: — Total.”

benefits for those receiving payments and the adjusted
value of vested benefits for those not receiving payments).
The following two Relief Rules apply only to General
Rule filers. (ACM filers: see instructions following the
two Relief Rules for General Rule filers.)
Relief Rule for General Rule Filers: Accrued Benefit
Relief Rule For Large Plans
This is a special rule providing relief from determining
vested benefits for certain plans that had 500 or more
participants on the premium snapshot date and that are
using the General Rule filing method.
If an enrolled actuary determines that the Total Value
of Plan Assets in item 3(dadjusted value of plan assets
(determined in accordance with these instructions — see

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below) equals or exceeds the value of all benefits accrued
under the plan (using plan assumptions, except that the
benefits must be valued at the Required Interest Rate), the
enrolled actuary need not determine the values of the
plan’s vested benefits. The actuary may instead report in
item 2(b) the values of accrued benefits adjusted only for
the Required Interest Rate.
If you use this rule, the enrolled actuary’s signature in
item 9 indicates that the enrolled actuary is certifying that
the Total Value of Plan Assets in item 3(d) equals or
exceeds the value of all In that case, references in these
instructions to the plan’s total adjusted vested benefits
mean the total accrued benefits (using plan assumptions,
except that the benefits must be valued at the Required
Interest Rate)as so determined.

participants not receiving payments (the “adjusted value of
vested benefits for those not receiving payments”),
determined by adjusting the amount in item 2(a)(2)plan
value of Schedule Avested benefits for those not receiving
payments to add benefit accruals for the plan year
preceding the premium payment year and to value the
benefits using the Required Interest Rate. The adjustment
for benefit accruals is 7 percent of the amount in item
2(a)(2)plan value of vested benefits for those not receiving
payments. To add the benefit accruals and to adjust the
value of the benefits using the Required Interest Rate, you
must follow the instructions in the “Item 2(b)
Procedure”Vested Benefit Adjustment Rules for ACM
filers below.
Item 2(b)(3) Total Adjusted Value of Vested Benefits
Enter (previously item 2(b)(3), Schedule A)
Report the total adjusted value of vested benefits. This
amount is the total of item 2(b)(1) plus item 2(b)(2).

Relief Rule for General Rule Filers: Interest
Adjustment Relief Rule
If you use the General Rule filing method and the
Required Interest Rate for your plan is equal to or greater
than the plancurrent liability interest rate, the value of the
plan’s vested benefits that you enter in item 2(b)report
may be determined using the plancurrent liability interest
rate instead of the Required Interest Rate.
If you use this relief rule for item 2(b), the enrolled
actuary’s signature in item 9 indicates that the enrolled
actuary is certifying that the Required Interest Rate for
your plan is equal to or greater than the plan interest rate.

Item 2(b) Procedurethe adjusted value of vested benefits
for those receiving payments plus the adjusted value of
vested benefits for those not receiving payments.
Vested Benefit Adjustment Rules for ACM filers —
How To Compute Adjusted Value of Vested Benefits
ACM filers must compute the adjusted value of vested
benefits using the adjustment formulas below unless the
following relief rule applies.

ACM filers: Follow the instructions for items 2(b)(1),
2(b)(2), and 2(b)(3) below.
Item 2(b)(1)
ACM filers: Report the following information:
Adjusted Value of Vested Benefits —For Those
Receiving Payments (previously item 2(b)(1), Schedule A)
EnterReport the adjusted present value of vested
benefits for retirees and beneficiaries receiving payments
(the “adjusted value of vested benefits for those receiving
payments”), determined by adjusting the amount in item
2(a)(1)plan value of Schedule Avested benefits for those
receiving payments to value the benefits using the
Required Interest Rate. To adjust the value of the
benefits, you must follow the instructions in the “Item 2(b)
Procedure”Vested Benefit Adjustment Rules for ACM
filers below.
Item 2(b)(2) Adjusted Value of Vested Benefits —For
Those Not Receiving Payments
Enter (previously item 2(b)(2), Schedule A)
Report the adjusted present value of vested benefits for

Relief Rule for ACM filers: If the Required Interest Rate
for your plan entered in item 2 is equal to or greater than
the plan interest rate entered in item 2(a)(1) and
2(a)(2)current liability interest rate used to determine the
present value of vested benefits, you do not have to use the
adjustment formulas below to calculate the adjusted value
of vested benefits. However, you must adjust the amount
entered in item 2(a)(2)plan value of vested benefits for
those not receiving payments by multiplying it by 1.07, the
benefit accrual adjustment factor. Enter in item
2(b)(1)accrual factor. Report as the adjusted value of
vested benefits for those receiving payments the same
amount you entered in item 2(a)(1), and enter in item
2(b)(2) the adjusted item 2(a)(2) amount.
If you use this interest adjustment relief rule for item 2(b),
by signing the certification in item 8 you are certifying
that the plan interest rate used to value theas the plan
value of vested benefits entered in items 2(a)(1) and
2(a)(2) was equal to or less than the Required Interest
Rate.
Procedure for ACM filersfor those receiving payments,

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participants not receiving payments.
Item 2(b)(2) = :

and report as the adjusted value of vested benefits for
those not receiving payments an amount equal to the plan
value of vested benefits for those not receiving payments
multiplied by 1.07 (the accrual factor).
Adjustment Formulas for ACM filers: Use the
formulas below to compute the adjusted value of vested
benefits that you must enter in item 2(b)(1), item 2(b)(2)
and item 2(b)(3)for those receiving payments and the
adjusted value of vested benefits for those not receiving
payments. Enter all interest rates in the formulas as in the
following example: Enter 6.75 percent as “6.75,” not as
“.0675.”
The formulas adjusts the plan values of vested benefits
for retired participants and beneficiaries receiving benefit
payments and for other participants not receiving benefits
that you entered in item 2(a)(1) and item 2(a)(2) of PBGC
Schedule A. This information comes from your 2005
Form 5500, Schedule B. The formula adjusts your plan
valuesthose receiving payments and the plan value of
vested benefits for those not receiving payments to reflect
the Required Interest Rate. The formula also and to
adjusts for benefit accruals during the plan year preceding
the premium payment year. You may wish to use the
spaces provided as a work sheet.
One part of the formulas, the expression “.94(RIR - BIR),”
may result in a fractional exponent and will result in a
negative exponent when your plan’s current liability
interest rate is higher than the Required Interest Rate. You
may use an optional procedure to substitute a factor for
this expression. See “Procedure — How“How To Use
Substitution Factors for the term ‘.94(RIR - BIR)’” below.
Formula for Total Adjusted Vadjusted value of vested
Benefits (item 2(b)(3)):
VBadj = VBPay x .94(RIR - BIR) +
[VBNonpaybenefits for those receiving payments:
(RIR - BIR) x
((100 Pay
+ BIR) / (100 + RIR))(ARA - 50)]
Note: The VBNonpay amount is the amount entered on Schedule A item 2(a)(2) multiplied by 1.07
(the benefit accrual adjustment factor) to reflect accruals during the preceding plan year.
a. Item 2(b)(1) amount — Adjusted Vested Benefits for retirees and beneficiaries

VB

x .94

Formula for adjusted value of vested benefits for those not
receiving payments.
Item 2(b)(1) = VBPay x .94(RIR - BIR)
b. Item 2(b)(2) amount — Adjusted Vested Benefits for
Item 3

VBNonpay x .94(RIR - BIR) x
((100 + BIR) / (100 + RIR))(ARA - 50ARA - 50)
c. Definitions.
1. VBadj is the adjusted
Definitions of terms used in the formulas:
VBPay is the plan value of vested benefits
amount (as of the first day of the
plan year preceding the premium
payment year) under the Alternative
Calculation Method
$ _________
2. VBPay is the amount entered in
item 2(a)(1) $ _________
3. for those receiving payments
VBNonpay is the amount entered in item
2(a)(2)plan value of vested benefits for those not receiving
payments multiplied by 1.07 $ _________ (the accrual
factor)
4. RIR is the Required Interest Rate
entered in item 2 ______ %
5. BIR is the current liability interest rate
entered in item 2(a)
______ %
6. ARA is the assumed retirement age
entered in item 2 ______ years
Procedure for ACM filers How To Use Substitution
Factors for the term “.94(RIR - BIRRIR - BIR )”
You may use “substitution factors” in the Alternative
Calculation Method interest rate adjustment formulas to
replace the term “.94(RIR - BIR).” The use of the “substitution
factors” is not required; it is optional.
The use of the “substitution factors” may slightly
overstate the present value of vested benefits and may
overstate the amount of the variable-rate premium. The
PBGC has rounded all substitution factors up or down to
produce the higher value of vested benefits. The impact of
this rounding is minimal. At most, the rounding would
overstate the value of vested benefits by less than 1
percent. The substitution factors are in Appendix A. Use
the substitution factor in Table A when RIR is equal to or
greater than BIR rounded to the nearest hundredth. Use
the substitution factor in Table B when BIR, rounded to
the nearest hundredth, is greater than RIR.

Information Relating to Value Of Plan Assets

(Previously Item 3(a, Schedule A)
Value Of Plan Assets As Of The Determination Date

All filers:

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Enter the determination date you entered in (previously
item 2.3(a), Schedule A)

ACM filers:
Enter the value of assets as reported on the 2005 Schedule
B, item 1b(2), if the date reported on the 2005 Schedule B,
item 1a, is the first day of the 2005 plan year. But, if that
date is not the first day of the 2005 plan year, enter the
Report the market value of assets as of the first day of the
2005 plan year, as reported in item 2a of the same
Schedule B. (For a plan year to which the first new
mortality tables issued under Code section
412(l)(7)(C)(ii)(II) apply, enter the value ofdetermination
date as reported on the 2006 Schedule B, item 2a (the
“value of plan assets as of the first day of the 2005 plan
year, as reported in item 2a of the same Schedule B.
Under a proposed IRS rule published in the Federal
Register on December 2, 2005 (at 70 FR 72260), such
tables would not apply until 2007.)determination date”).
Round an entry that includes cents up to the next higher
whole dollar amount.

General Rule filers:
Enter
Report the actuarialmarket value of the plan’s
assets determined in accordance with ERISA section
302(c)(2)as of the determination date without a reduction
for any credit balance in the funding standard account.
(For a plan year to which the first new mortality tables
issued under Code section 412(l)(7)(C)(ii)(II) apply, enter
the fair market value of the plan’s assets. Under a
proposed IRS rule published in the Federal Register on
December 2, 2005 (at 70 FR 72260), such tables would
not apply until 2007.) Round an entry (the “value of plan
assets as of the determination date”). Round any amount
that includes cents up to the next higher whole dollar
amount. You may not include in item 3(a) contributions
for the premium payment year or later, whether or not
made. Adjust all receipts and disbursements for interest.

Item 3(b) Contribution Receivables In Item 3(a)
All filers: EnterIncluded In The Value Of Plan Assets As
Of The Determination Date (previously item 3(b),
Schedule A)
All filers: Report the sum of employer and employee
contribution receivables that were included in the item
3(a) amountvalue of plan assets as of determination date
(the “contribution receivables included in the value of plan
assets as of the determination date”). Round an entry that

Item 3(c) Discounted Paid Contributions (previously item
3(c), Schedule A)
All filers: For plans with fewer than 500 participants,
this item is optional; you may go to item 3(d)information
need not be reported. If you do not completereport this
iteminformation, you might understate the adjusted value
of plan assets you will report in item 3(d). If this would
affect the amount of the variable-rate premium that the
plan owes, you may wish to complete item 3(c)report the
discounted paid contributions.
Enter in item 3(c) Report the sum of the discounted
values of those employer and employee contributions that
were paid for plan years before the premium payment year
and that either were reported in item 3(b) (because they
were included as receivables in the item 3(a) amount)part
of the contribution receivables included in the value of
plan assets as of the determination date described above or
were not included (as receivables or otherwise) in the item

includes cents down to the next lower whole dollar
amount.
For plans using the ACM that file Schedule H to Form
5500 for 2005, this amount is the sum of items 1b(1)(a)
and 1b(2)(a) on Schedule H, current value of plan assets,
receivables for employer and participant contributions as
of the beginning of the plan year. For plans that do not
file Schedule H for 2005, you must calculate the
contribution receivables amount (keep Keep a record of
your calculations).

3(a) amount. Round an entryvalue of plan assets as of the
determination date (the “discounted paid contributions”).
Round any amount that includes cents up to the next
higher whole dollar amount. Do not include in item 3(c)
any contributions that are for the premium payment year
or any contributions that have not been paid on or before
the earlier of the due date for the variable-rate premium or
the date that premium is paid.
We remind filers that the The plan year for which a
contribution is made is the plan year for which the
contribution is credited to the funding standard account as
“the amount considered contributed by the employer to or
under the plan for the plan year” pursuant to section
412(b)(2)(A) of the Code and section 302(b)(2)(A) of
ERISA. (See the preamble to the July 10, 1989, final
premium regulation, 54 F.R. 28944, 28949.)
The contributions must be discounted back to the
dDetermination dDate entered in item 3.as follows:

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1. RIR is the Required Interest Rate
entered in item 2 ______ %
2. DP is the discount period expressed as
the number of days from the date the
contribution was paid back to the determination date
entered in item 3(a); for example, one
year and 183 days would be 548 days ________

General Rule filers: Discount the contributions using
the plan asset valuation rate, on a simple or compound
basis in accordance with the plan’s discounting rules.
ACM filers: Discount the contributions using the
formula in the “Item 3 Procedure”“Discounting Procedure
for ACM filers” below.

Example A calendar year plan paying its premium for
the 20067 premium payment year received a $1,000
contribution on July 23 of the premium payment year for
the prior plan year. The discount period is July 23 of the
premium payment year to January 1 of the prior plan year,
or 548 days. Assume that the RIR for the premium
payment year is 6.30%30 percent. When Contribution =
$1,000, RIR = 6.30%30 percent, and the Discount Period
(DP) = 548 days, the amount of the Discounted
Contribution (DC) is computed as follows:

Discounting Procedure for ACM filers Item 3
Procedure — How To Discount Contributions
You must use the formula below to discount each
contribution included in item 3(c) from the date paid back
to the date entered in item 3(a). The sum of the
discounted contributions is entered in item
3(c)determination date.
Each “discounted contribution” (DC) is computed by
dividing the contribution paid by the “discount interest
rate factor” for the discount period. The computation of
the “discount interest rate factor” is based on the Required
Interest Rate (RIR) entered in item 2. Thus, for example,
if the RIR is 6.30%30 percent, the “discount interest rate
factor” is1is 1.0630. The “discount period” (DP) is the
number of days from the date the contribution was paid
back to the determination date entered in item 3(a). As
part of the exponent in the formula, the “discount period”
adjusts the “discount interest rate factor” for periods of
different durations. One year is 365/365 or 1. (The
formula assumes a 365-day year.)

DC =
DC =
DC =
DC =
DC =

$1,000 / [( 1 + (6.30/100)) (548 / 365) ]
$1,000 / [( 1 + 0.0630) (1.50137) ]
$1,000 / [( 1.0630) (1.50137) ]
$1,000 / 1.096065
$912.35

If the discount period for a contribution includes a
partial year, instead of using this formula for the entire
period, you may use simple interest for the partial year and
this formula for the full year(s), if any, in the discount
period, and add the two results.

Discounted Contribution (DC) =
Contribution / [(1 + (RIR / 100))(DP / 365)]
where
Definitions of terms used in the formula:

Item 3(d) Adjusted Value Of Plan Assets (previously item
3(d), Schedule A)

Item 4 adjusted value of plan assets. The adjusted value
of plan assets is equal to the value of plan assets as of the
determination date, minus the contribution receivables
included in the value of plan assets as of the determination
date, plus the discounted paid contributions.

All filers: Enter the combined amount of item 3(a), minus
item 3(b), plus item 3(c).

Information Relating to Significant Events (Previously Item 4, Schedule A) (ACM or Modified ACM filers with
500 or more participants only)
Item 4Information relating to significant events must be
completedprovided for a plan that has 500 or more
participants and is using the ACM or Modified ACM. If
you are required to complete item 4, then an enrolled
actuary must sign the certification in item 9 to indicate
thatprovide this information, then the unfunded vested
benefits havethat you report must been adjusted for the

occurrence of any significant events and that the
adjustment ismust be consistent with generally accepted
actuarial principles and practices.
Do not complete item 4provide this information if you
are using the General Rule method or if your plan has
fewer than 500 participants.

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Item 4(a)
Check the box for eachTypes of Significant Events
That Occurred Between the Determination Date and the
Premium Snapshot Date (previously item 4(a), Schedule
A)
Report the types of significant event (S.E.)events that

occurred between the determination date in item 2 and the
premium snapshot date. The significant events are listed
in A.7., p. 5; you may report the type of a significant event
by simply reporting its number in that list. If no
significant events occurred, check the “Noreport that no
significant events occurred.

Total Amount of Adjustment Due to Significant Events”
box.

EnterReport the total amount of the adjustment due to
significant events. If the amount is negative, check the
boxso indicate. A significant event adjustment is negative
if it decreases unfunded vested benefits.

Item (previously item 4(b), Schedule A)

Item 5

Adjusted Unfunded Vested Benefits (Previously Item 5, Schedule A)

General Rule filers: TIf the total adjusted vested
benefits is less than or equal to the adjusted value of plan
assets, report $0 as the adjusted unfunded vested benefits
is the excess, if any, of the Total Adjusted Vested Benefits
entered in item 2(b)(3) over the Adjusted Value of Plan
Assets entered in item 3(d).
If item 2(b)(3) is less than item 3(d), enter $0; if not,
subtract item 3(d)the adjusted value of plan assets from
item 2(b)(3)the total adjusted vested benefits, round up to
the next $1,000, and enter here.
An enrolled actuary must certify in item 9 that the
determination ofreport the result as the adjusted unfunded
vested benefits was made in a manner consistent with
generally accepted actuarial principles and practices.
ACM filers: The Adjusted Unfunded Vested Benefits is
the excess, if any, of the Total Adjusted Vested Benefits
entered in item 2(b)(3) over the Adjusted Plan Assets
entered in item 3(d), further adjusted for the passage of
time from the determination date entered in item 2 to the
premium snapshot date and (for plans with 500 or more
participants) for the occurrence of significant events. To
determine Adjusted Unfunded Vested Benefits.
ACM filers: To determine adjusted unfunded vested
benefits, use the “Item 5“Adjusted UVB Procedure”
below. You may wish to use the space provided as a work
sheet.
Plans with fewer than 500 participants compute the
Adjusted Unfunded Vested Benefits by using Step 1 and
(if necessary) Step 2 of the “Item 5 Procedure” below and
entering the result (UVBadj) in item 5.
Plans with 500 or more participants compute the Adjusted
Unfunded Vested Benefits by using Step 1, Step 2 and
Step 3 of the “Item 5 Procedure” below and entering the

result (UVBadj) in item 5.

Adjusted UVB Procedure for ACM filers Item 5
Procedure -— How To Compute Adjusted Unfunded
Vested Benefits
Plans with fewer than 500 participants use only Step 1 and
(if necessary) Step 2 below. Plans with 500 or more
participants use Step 1, Step 2 and Step 3 below.
Step 1. Unfunded Vested Benefits.
Compute the amount of Uunfunded Vvested Bbenefits
as of the determination date entered in item 2 as follows:
1. Total Adjusted Vested Benefits from
item 2(b)(3) . . . . . . . . . . . . . . . . . . . . . . $ __________
2. Minus: Adjusted Value of Plan
Assets from item 3(d) . . . . . . . . . . . . . . $ __________
3. Unfunded Vested Benefits
(1 minus 2 — thisusing the following formula:
UVBDeterm = VBAdj - AAdj
Definitions of terms used in the formula:
UVBDeterm is the unfunded vested benefits as of the
determination date
VBAdj is the total adjusted value of vested benefits
AAdj is the adjusted value of plan assets
Note that UVBDeterm may be negative) . . . . $ __________.
4.
If the plan has fewer than 500 participants and the
Unfunded Vested Benefits entered above areUVBDeterm is

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negative or zero, then skip Steps 2 and 3, enter $0 in item
5, and go to item 6. Otherwise, go to Step 2.

Step 3. Significant Event Adjustment.
If you have a plan with 500 or more participants, an
enrolled actuary must complete the certification in item 9
of the Schedule A to indicate that either A or B below is
true.

Step 2. Passage Of Time.
Adjust the Unfunded Vested Benefits entered above
and report $0 as the plan’s adjusted unfunded vested
benefits. Otherwise, continue with Step 2.

A. No Significant Event, as described in A.7., p.5,
occurredreport the result as the plan’s adjusted unfunded
vested benefits. Otherwise, continue with Step 3.

Step 2. Adjust the unfunded vested benefits to reflect the
passage of time from the determination date entered in
item 2to the premium snapshot date using the following
formula:
UVBadj
UVBSnapshot = (VBadj - Aadj)UVBDeterm x (1 + RIR / 100)Y ;
where —
1. UVBadj is the amount of the plan’s
Unfunded Vested Benefits

Step 3. Adjust the unfunded vested benefits to reflect the
occurrence of any significant events during the plan year
preceding the premium payment year. If this is the case,
then:
1. If UVBadj from Step 2 above is negative or zero, enter
$0 in item 5.
2. If UVBadj from Step 2 above is positive, round UVBadj
up to the next $1,000 and enter in item 5.

Definitions of terms used in the formula:
UVBSnapshot is the unfunded vested benefits adjusted
to reflect the passage of time (this
may be negative) . . . . . . . . . . . . . . . . . . $ __________
2. VBadj is the value of the Total
Adjusted Vested Benefits entered
in item 2(b)(3) . . . . . . . . . . . . . . . . . . . . $ __________
3. Aadj is the Adjusted Value Of Plan
Assets entered in item 3(d) . . . . . . . . . . $ __________
4. from the determination date to the premium snapshot
date
UVBDeterm is the unfunded vested benefits as of the
determination date computed in Step 1
RIR is the Required Interest Rate
entered in item 2 . . . . . . . . . . . . . . . . . . . . ________ %
5. Y is deemed to be equal to 1 (unless
the plan year preceding the premium
payment year is a short plan year, in
which case Y is the number of days
in the short plan year (counting both
the first day and the last day of the
short plan year) divided by 365,
expressed as a decimal fraction of 1.0
with two digits to the right of the
decimal point) . . . . . . . . . . . . . . . . . . . . . . . ________
6. If you have a plan with
Note that UVBSnapshot may be negative if the plan has 500
or more participants.
If the plan has fewer than 500 participants, then skip
Step 3, round UVBadjUVBSnapshot up to the next $1,000, and
enter in item 5, then skip Step 3 and go to item 6.
Otherwise, go to Step 3.

B. One or more Significant Events occurred using the
following formula:
UVBSigEvt = UVBSnapshot + ADJSE
Definitions of terms used in the formula:
UVBSigEvt is the unfunded vested benefits adjusted to
reflect the passage of time from the determination date
to the premium snapshot date and to reflect the
occurrence of any significant events during the plan
year preceding the premium payment year, and the
enrolled actuary has made an appropriate adjustment to
UVBadj from Step 2 above
UVBSnapshot is the unfunded vested benefits adjusted to
reflect the occurrence of the Significant Event(s) in
accordance with generally accepted actuarial principles
and practices. If this is the case, you may use the
following worksheet:
1. Enter UVBadj from Step 2 above
(thispassage of time from the determination date to the
premium snapshot date, computed in Step 2
ADJSE is the amount of adjustment due to significant
events
Note that either or both of UVBSnapshot and ADJSE may be
negative) . . . . . . . . . . . . . . . . . . . . . . . . . . . $ __________
2. Enter the adjustment to UVBadj
to reflect Significant Events from item
4(b) (this, and thus UVBSigEvt may be negative
$ __)________
3. Combine 1 and 2 and enter the
result here (this may be negative) . . . . $ __________
4. If 3.

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If UVBSigEvt is negative or zero, enter $0 in item 5.
5. If 3 is positive, round upthen report $0 as the plan’s
adjusted unfunded vested benefits. Otherwise, round
UVBSigEvt to the next $1,000
and enter in item 5.
Item 6

All filers: Enter in item 6 and on Form 1, item 14(c), and
report the result as the plan’s adjusted unfunded vested
benefits.

Variable-rate Premium

Information Relating to Variable-Rate Premium Cap (New Item)
rule; check PBGC’s Web site for more details before you
file.
If the plan qualifies as a small-employer plan, the
variable-rate premium is capped. The amount of the cap is
$5 times the square of the plan’s participant count for the
premium payment year (the same participant count used
for the flat-rate premium for the premium payment year).
For example, if the participant count is 20, the cap is
$2,000 ($5 x 202 = $5 x 400 = $2,000). The variable-rate
premium owed is the lesser of the cap amount or the
amount determined in the normal manner using the
General Rule, ACM, or modified ACM.

All Filers: Report whether your plan qualifies for the
cap on the variable-rate premium for plans of certain small
employers. (You must report either that the plan qualifies
or that the plan is not claiming qualification for this cap.)
The cap applies to a plan if the aggregate number of
employees of all contributing sponsors of the plan and all
members of the contributing sponsors’ controlled groups,
as of the first day of the premium payment year, is 25 or
less. Note that this rule depends on the number of
employees, not the number of plan participants. Note also
that employees are counted as of the first day of the
premium payment year, not as of the premium snapshot
date. PBGC plans to provide further guidance on this new
Variable-Rate Premium (Previously Item 6, Schedule A)
All filers: Report the variable-rate premium. You have
two alternatives:
a. If your plan has NO Adjusted Unfunded Vested
Benefits shown in item 5, enter $0 in item 6.
b. Otherwise, multiplyIf the plan is not claiming
qualification for the cap on the variable-rate premium for
plans of certain small employers, the variable-rate
premium is equal to the adjusted unfunded vested benefit
amount in item 5 by 0.009 and enter the result in item 6.
Note: As these instructions were being prepared, Congress
was considering legislation that might changes multiplied
by 0.009. If the plan qualifies for the cap on the

variable-rate premium. Check the PBGC's Web site
(www.pbgc.gov) for changes to applicable rules before
you file.
Item 7 for plans of certain small employers, the variablerate premium is the lesser of —
(1) the adjusted unfunded vested benefits multiplied by
0.009, or
(2) $5 times the square of the participant count for the
premium payment year (the same participant count used
for the flat-rate premium for the premium payment year).

Information Relating to Participant Notice Requirement (Previously Item 7, Schedule A)
For each plan year (through the 2006 plan year)
for which a variable-rate premium iswas payable for a
plan, the plan administrator mustwas required by ERISA
section 4011 to issue a notice to participants about the
plan’s funding status and the limits on the PBGC’s
guarantee, unless the plan iswas exempt from the notice
requirement under ERISA and the PBGC’s regulation on
Disclosure to Participants. (Note in particular that tThe
regulation contains an exemption for most new and
newly-covered plans.)
ERISA section 4011 was repealed by the Pension

Protection Act of 2006, effective for plan years beginning
after 2006. Thus 2006 was the last plan year for which a
Participant Notice was required. This item relates to the
Participant Notice requirement for the 2006 plan year.
The Participant Notice isfor a plan year was due no
later than two months after the due date (or extended due
date) for the Form 5500 series for the prior plan year. For
exampleThus, the 20056 Participant Notice was due two
months after the due date (or extended due date) for the
20045 Form 5500 series. For purposes of determining
whether the Participant Notice was timely issued, if any

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due date (or extended due date) fallsfell on a Saturday,
Sunday, or legal holiday, the applicable due date iswas the
next business day.
This item relates to theIf a Participant Notice
requirement for the plan year preceding the premium
payment year. Thus, the question on the 2006 premium
form relates to theunder ERISA section 4011 and 29 CFR
Part 4011 was not required to be issued for this plan for
the 2006 plan year, report that for the 2006 plan year, a
Participant Notice for the 2005 plan year, notunder ERISA
section 4011 and 29 CFR Part 4011 was not required to be
issued for this plan.
If a Participant Notice under ERISA section 4011 and
29 CFR Part 4011 was issued for this plan for the 2006
plan year.
You must check box (1), (2), or (3). If you check box

(3), on time and in accordance with all other applicable
requirements, report that for the 2006 plan year, a
Participant Notice under ERISA section 4011 and 29 CFR
Part 4011 was issued for this plan on time and in
accordance with all other applicable requirements.
Otherwise (e.g., because a required Participant Notice
was not issued on time or failed to meet any other
applicable requirement), you must attachreport that an
explanation and check the box in item 18 of Form 1.

Plan Administrator Certification

and date thecertification on the form.
You need not separately certify the information
reported pursuant to Parts D and E. A single certification
in item 8. The form you file must bear your original
signature in item 8, and we may return the filing if it does
not.

All filers: TAll of the information reported pursuant to
this Part E must be certified by the plan administrator.
Follow the certification instructions for the electronic
filing method that you use to make your filing. If your
plan is exempt from the electronic filing requirement for
this filing, and you report the information on a paper
PBGC form, complete the plan administrator must sign

Item 8 about the Participant Notice under ERISA
section 4011 and 29 CFR Part 4011 for this plan for the
2006 plan year is included with this filing, and include an
explanation with your filing.

Item 9

of all the information in your filing is sufficient.

Enrolled Actuary Certification

actuary.

General Rule filers: AnAll of the information
reported pursuant to this Part E, other than the
information relating to the Participant Notice requirement,
must be certified by an enrolled actuary must sign and date
the certification in item 9. The signature of the enrolled
actuary must be filed in original form.

All filers: The actuary must sign and datefollow the
certification in item 9 to indicate that the unfunded vested
benefits have been adjusted for the occurrence, if any, of a
Significant Event and that the adjustment is consistent
with generally accepted actuarial principles and practices.
The signature ofinstructions for the electronic filing
method that is used to make the filing. If the plan is
exempt from the electronic filing requirement for this
filing, and the information is reported on a paper PBGC
form, the actuary must complete the enrolled actuary must
be filed in originalcertification on the form.

ACM filers: If the plan has 500 or more participants,
all of the information reported pursuant to this Part E,
other than the information relating to the Participant
Notice requirement, must be certified by an enrolled

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Part F MODIFIED ALTERNATIVE CALCULATION METHOD FOR PLANS TERMINATING IN
DISTRESS OR INVOLUNTARY TERMINATIONS
If you check the box in item 1(c) of Schedule A to
indicate that you are using the modifieduse the Modified
Alternative Calculation Method (ACM) for plans
terminating in distress or involuntary terminations, you
must follow the instructions in this Part F, which modify
the instructions for items 2 through 6 of Schedule
Adetermining and reporting the variable-rate premium
information in Part E for ACM filers. The date you enter
in item 1 of Schedule A
Report the proposed date of plan termination (in a
distress termination) or the date of plan termination sought
by PBGC (in an involuntary termination). This date is
referred to in this Part F as the “DOPT.”
TFor plans using the item-by-itemModified ACM, the
instructions for items 2 through 6 ofdetermining the
Schedule Avariable-rate premium are the same as underfor
the Alternative Calculation Method (See Part E of these
instructions) subject to the modifications described below.
However, under this Distress/Involuntary Terminationthe
Modified Alternative Calculation Method, you will
generally be using data from a Schedule B for a plan year
earlier than the plan year preceding the premium payment
year.
Most of the relevant item numbers on Schedule B for
1994 and earlier years are different from those on the 1995
through 2005 Schedule B, as indicated in the table below.
Corresponding Schedule B Item Numbers
1995 - 2005 Schedule B
1989 - 1994 Schedule B
1a
8b (date)
1b(2)
8b (value)
2a
6c
2b
6d
2b(1)
6d(i)
2b(2) + 2b(3)
6d(ii) + 6d(iii)
2b(4)
6d(iv)
6a*
12c(i)
6b**
12d
*
Item 6a(1) onhave remained the same since
1996. However, item 6a on the current Schedule
B was numbered as item 6a(1) on the 1996 2003 Schedule B’s; item 6c(1) on 1995 Schedule
B’s.
**
Item 6e on 1995 Schedule B’sB.
If you are able to use the same Schedule B as under the
Alternative Calculation Method, which is the 20056
Schedule B for the 20067 premium payment year, the
Distress/Involuntary Termination Method and the
Alternative Calculation MethodACM and the Modified
ACM are almost identical; the only difference is that the
Distress/Involuntary Termination MethodModified ACM

may result in a smaller adjustment for accruals during the
plan year preceding the premium payment year, since it
would adjust only up to the DOPT. (See Modification 2
below.) Thus, if you use the Distress/Involuntary
Termination MethodModified ACM with a Schedule B for
the plan year preceding the premium payment year, you
may ignore Modifications 1 and 3 below, and apply only
Modification 2 to the Alternative Calculation Method.
The modifications, which are generally designed to
reflect and to adjust for the fact that the Schedule B data
were determined as of an earlier date, are as follows:
Modification 1.
Substitute the first day of the plan year of the Schedule
B you are using for the first day of the Alternative
Calculation Method Schedule B year.
Example
A calendar year plan is paying its 20067
premium. The plan has a DOPT of September 1, 20056,
and a premium snapshot date of December 31, 20056, and
is using data from its 20045 Schedule B to calculate the
variable-rate portion of its premium. For this plan —
1. the determination date to be entered in item 2 must
beis January 1, 20045;
2. the Pplan Vvalue of Vvested Bbenefits to be entered
in the “Value” column of item 2(a), as well as the
Adjusted Value of Vested Benefits to be entered in item
2(b),and the adjusted value of vested benefits must be
determined as of January 1, 2004;
3. the determination date to be entered in item 3 must
be January 1, 20042005;
43. the Vvalue of Pplan Aassets as of to be entered in
item 3(a)he determination date must be determined as of
January 1, 20045;
54. the Ccontribution Rreceivables to be
enteredincluded in item 3(b)the value of plan assets as of
the determination date are those that were so included as
receivables in the item 3(a) entry as of January 1, 20045;
65. the Ddiscounted Ppaid Ccontributions to be
entered in item 3(c) are those contributions for plan years
prior tobefore the premium payment year that were either
included as receivables, oras of January 1, 2005, either
were part of the contribution receivables included in the
value of plan assets as of the determination date or were
not included (as receivables or otherwise), in the item 3(a)
entryvalue of plan assets as of January 1, 2004the
determination date (provided they were paid on or before
the earlier of the date the 20067 premium is due or paid);
76. the Ddiscounted Ppaid Ccontributions to be
entered in item 3(c) must be discounted from the date paid

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back to January 1, 20045;
87. the Aadjusted Vvalue of Pplan Aassets to be
entered in item 3(d) must be determined as of January 1,
20045;
98. if the plan has 500 or more participants, the
Ssignificant Eevents (if any) toabout which information
must be reflected in item 4provided are those occurring
between January 1, 20045, and December 31, 20056; and
109. the Aadjusted Uunfunded Vvested Bbenefits to
be entered in item 4 isare determined as of December 31,
20056.

AC = 1+ (.07 x (the number of days from January 1,
20045 to September 1, 20056) / 365)
AC = 1+ (.07 x 1.67)
AC = 1+ .12
AC = 1.12
2. If the plan is using the item 2(b) interest adjustment
“Relief Rule,” the Schedule A item 2(b)(2) amount“Relief
Rule” under the “Vested Benefit Adjustment Rules for
ACM filers,” the adjusted value of vested benefits for
those not receiving payments is determined by multiplying
the Schedule A item 2(a)(2) amountplan value of vested
benefits for those not receiving payments by 1.12. If the
plan cannot use the Relief“Relief Rule,” the VBNonpay
amount (c.3. under the “Item 2(b) Procedure”) is the
amount entered in item 2(a)(2) of Schedule Ais the plan
value of vested benefits for those not receiving payments
multiplied by 1.12.

Modification 2.
Substitute “the sum of 1 plus the product of .07 times
the number of years (rounded to the nearest hundredth of a
year) from the date of the Schedule B data to the DOPT”
for “1.07” (the benefit accrual adjustment factor) in the
Item 2(b) interest adjustment “Relief Rule”Rule for ACM
filers” and the interest rate adjustment formula under the
“Item 2(b) Procedure.”
“Adjustment Formulas for ACM filers” under the “Vested
Benefit Adjustment Rules for ACM filers.”

3. Enter the benefit accrual adjustment factor ofReport
1.12 as the accrual factor on Schedule A, item 2.

To compute the number of years, count the number of
days from and including the date of the Schedule B data to
and including the DOPT and divide by 365.
Under the Alternative Calculation Method, the benefit
accrual adjustment factor of 1.07 referred to under the
“Item 2(b) Procedure”“Vested Benefit Adjustment Rules
for ACM filers” serves as a surrogate for accruals during
the plan year preceding the premium payment year. This
surrogate assumes that there has been exactly one year of
accruals (e.g., in the case of a calendar year plan paying its
20067 premium, accruals from January 1, 20056, through
December 31, 20056). Under the Distress/Involuntary
Termination MethodModified ACM, however, the accrual
period will run from the date of the Schedule B data to the
DOPT.
Using the rule stated in Modification 2, and continuing
with the hypothetical plan in Modification 1 —
1. Determine VBNonpay in the “Item 2(b)
Procedure”“Vested Benefit Adjustment Rules for ACM
filers” interest rate adjustment formula for those not
receiving payments by multiplying the total of the amounts
entered in the Vested Benefits column in items 2b(2) and
2b(3) of the 2004 Schedule Bplan value of vested benefits
for those not receiving payments by the following benefit
accrual adjustment factor (AC) instead of 1.07 —

Modification 3.
Use “the number of years (rounded to the nearest
hundredth of a year) between the date of the Schedule B
data and the premium snapshot date” as the value for the
exponent “Y,” in the time adjustment formula under the
“Item 5 Procedure”“Adjusted UVB Procedure for ACM
filers” rather than the value described in the “Item
5“Adjusted UVB Procedure for ACM filers.”
To compute the number of years, count the number of
days from and including the date of the Schedule B data to
and including the premium snapshot date and divide by
365 in Step 2 of the “Item 5 Procedure.”
Under the Alternative Calculation Method, the
exponent, “Y,” “Y” in the time adjustment formula in Step
2 of the “Item 5 Procedure”“Adjusted UVB Procedure for
ACM filers” represents the length of time from the date of
the Schedule B data to the premium snapshot date.
Because that length of time is generally exactly one year
under the Alternative Calculation Method, Y is defined
simply as (generally) being “equal to 1.” The length of
time under the Distress/Involuntary Termination
MethodModified ACM will generally be longer than 1
year. Thus, using the rule stated in Modification 3, and
continuing with the hypothetical plan in Modification 1,
“Y” would equal 2 (the number of years between January
1, 20045, and December 31, 20056).

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Part G Online Premium Filing with My PAA
1. Introduction to My PAA
My Plan Administration Account (My PAA) is a
secure, Web-based application that enables you to
electronically submit premium filings and payments to
PBGC. The PBGC expects to publish in early 2006 a final
rule making electronic filing mandatory for 2006 premium
filings made on or after July 1, 2006, for large plans (plans
that were required to pay premiums for 500 or more
participants for the plan year preceding the premium
payment year). Electronic filing is expected to be required
for all plans beginning with the 2007 plan year.
(Payments may stillof premium information is mandatory.
Payments may be made by non-electronic means.)
Using My PAA, you can easily and accurately submit
any type of PBGC premium filing. At the time of the
publication of this booklet, My PAA offers two
My PAA is accessed through PBGC’s Web site
(www.pbgc.gov). To use My PAA, you must have a My
PAA account (i.e., a user ID and password). Each My
PAA user needs only one account, which can include an
unlimited number of plans. My PAA provides instructions
for creating an account.
My PAA offers three e-filing methods:
! D You can use My PAA’s data entry and editing
screens on which you canto create a filing, route it to
others for review, editing, and e-signatureelectronic
certification, and submit it to PBGC — available for
plan years beginning in 2004 and later.
! An upload feature that you can use to submit to
PBGC filings that were created with compatible
private-sector software — available for plan years
beginning in 2005 and later.
(Check PBGC’s Web site for the latest information
onelectronically to PBGC. Each person who participates
in the electronic filing options available to you.) With
either of these methods, filings reach PBGC in seconds,
rather than days; electronic receipts are provided instantly
upon filing submission; plan account histories may be
viewed on line; and premium payments can be sent by one
of three convenient electronic payment methods via My
PAA — ACH, electronic check, or credit card — in
addition to paper check or wire transfer outside of My
PAA.
Additional advantages of using My PAA’s data entry
and editing screens include:
! Filing data validation ensures accuracy.
! Automation features ease filing preparation.
! Using only the Web and e-mail, practitioner teams
can prepare, review, authorize, and submit filings with
payments.

! Practitioners can track multiple plans and filings in
real time.
Also, by setting up an “e-filing team” within My PAA,
you can collaborate online with your colleagues or clients
to prepare, review, authorize, and submit filings with
payments using My PAA’s data entry and editing screens.
Team members electronically “route” filings to each other
for input and authorization.
2. How to Get Started with My PAA
a. Two Ways to Get a My PAA account
To use My PAA, youprocessing of the filing must have
a My PAA account, which gives you a user ID and
password to access My PAA. There are two ways you can
get a My PAA account:
! Establish an account as Filing Coordinator for a plan
that has authorized you to coordinate the plan’s online
filings.
! Accept an invitation from a plan’s Filing
Coordinator to join the plan’s filing team.
Regardless of the electronic filing method the plan uses
to submit premium filings to PBGC (i.e., either using the
My PAA data entry and editing screens or uploading a.
! You can use private-sector software-prepared
filing), the first step in getting started with My PAA is
for the person who will be acting as the Filing
Coordinator to establish a My PAA account.
b. What is a Filing Coordinator?
If the plan usessoftware that is compatible with My
PAA to create a filing, and then import the filing data into
My PAA’s data entry and editing screens for e-filing, the
Filing Coordinator is the person who sets up the plan
within My PAA and invites others (e.g., plan
administrator, enrolled actuary) to join the plan’s e-filing
team as necessary. In addition, the Filing Coordinator has
the ability to “manage” the e-filing team and draft filings
that are in progress in My PAA. If you add other plans to
your account as Filing Coordinator, you will also be able
to perform these same functions for those other plans.
If the plan uses the upload feature to submit to PBGC
premium filings that were created usingrouting, review,
editing, electronic certification, and electronic submission
to PBGC. Each person who participates in the electronic
processing of the filing must have a My PAA account.
! You can use private-sector software, the person who
signs up to be the Filing Coordinator will most likely

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be the person who will be uploading the premium filings.
(Anyone with that is compatible with My PAA to create a
filing, and then upload the filing to PBGC via the My
PAA application. The filing cannot be routed, reviewed,
or edited in My PAA. In most cases, a paper copy or
copies of the filing must be certified outside of My PAA
and retained in plan records. Only the person who uploads
the filing must have a My PAA account can upload filings
for any plan, even a plan that is not in the person’s
account.)
To register in My PAA as a Filing Coordinator, you
must be designated by a plan to be responsible for
coordinating its on-line.
My PAA provides instructions for all three filing methods.
My PAA’s Data Entry and Editing Screens
Entering information
My PAA’s data entry and editing screens walk you
through a step-by-step process to create a premium filing.
For example, in the first step you identify the type of filing
to be submitted (estimated or final), the type of plan
(single-employer or multiemployer) for which the filing is
being submitted, and the plan year. Instructions are
provided at each step.
The information entered in each step determines the
content of the successive steps. For example, if the
selections made in the early steps are a final filing for a
single employer plan that is exempt from the variable rate
premium, the later steps will request information about the
nature of the exemption but will not request information
about plan liabilities and assets.
Many of the required mathematical calculations are
automated. For example, My PAA automatically
multiplies your participant count by the applicable flat
premium rate to generate the flat-rate premium.
E-filing team
Multiple people can contribute to a plan’s filing in My
PAA’s data entry and editing screens. For example, some
information might be entered by the plan administrator
and other information by the plan actuary. The people
authorized to contribute to a plan’s premium filing in My
PAA’s data entry and editing screens are those who have
the plan in their My PAA accounts, and are referred to as
the plan’s “e-filing team.”
Routing filings
Filings in progress can be routed among e-filing team
members through My PAA for input, review, editing, or ecertification of information, authorization of e-payment,
and submission to PBGC. The person routing the filing to
another member of the e-filing team can provide
comments and instructions for the person to whom the
filing is being routed. My PAA sends that person an
e-mail notice (with the comments and instructions) stating

that the filing has been routed for the recipient’s action
and that the recipient is now “holding” that filing. After
all information has been provided and certified, and epayment (if any) has been authorized, the filing can be
electronically submitted to PBGC.
Using Private-Sector Software With My PAA
Compatibility with My PAA
You can use private-sector software to prepare a
premium e-filing, but the software you use must be
compatible with My PAA. That means that the software
must be able to place your filing in an electronic file that
is in “XML” format and meets PBGC specifications. The
specifications are posted on PBGC’s Web site
(www.pbgc.gov). Private-sector software providers and
developers submit to PBGC sample filings in XML format
for PBGC review and assignment of vendor numbers; you
should check with your software provider or developer to
find out whether your software is capable of creating an
XML file in the proper format for use with My PAA. If
your compatible private-sector software permits, you can
create batch files containing more than one premium
filing.
Once a person has been designated to be the Filing
Coordinator for a plan, he or she registers to use My PAA
as described in c. below. If you will serve as the Filing
Coordinator for several plans, you will be able to add
other plans to your account (see e. below) after you
complete the registration process for the first plan. You
need only one account, to which you can add an unlimited
number of plans.
Note that if you will not be the Filing Coordinator,
then you should not register to use My PAA as described
in c. below. You should wait until you receive an e-mail
from My PAA on behalf of the Filing Coordinator with
instructions on how to register (see d. below).
c. Establishing a My PAA account as Filing Coordinator
When you register to use My PAA, you will provide
information about yourself and one plan for which you
will be the Filing Coordinator. After you complete the
registration process, you will have a My PAA account that
will include the plan about which you provided
information when you registered.
Your My PAA account will include the following
information:
! Your name and e-mail address;
! The User ID and Password you will use to log in to
My PAA;
! The pension plan(s) for which you contribute filing
information (you can add other plans to your account

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once you complete registration for the first plan);
! The permissions, or abilities, you have for each of
these plans; and
! A security key (a secret question and answer
combination that only you know) that you will use to
complete certain transactions in My PAA, such as
signing a filing.
To register for a My PAA account as the Filing
Coordinator for a plan:
1. Access PBGC’s Web site (www.pbgc.gov) and find
the page that gives new users more information and the
ability to sign up for My PAA.
2. Read through the introduction information provided
and click the “Filing Coordinator Sign Up Here” button
at the bottom of the page.
3. Enter and submit the following information:
! Your e-mail address;
! Your employer’s name and contact information;
! The name and contact information of your plan’s
(or one of your plans’) plan administrator and plan
contact; and
! Information from the plan’s last for use with My
PAA.
Importing a filing
A premium filing (the participant count reported and
the final premium due after credits were applied).
4. Receive your temporary user ID and password via
e-mail and follow instructions to establish your
permanent user ID and password.
5. When you are finished, you will see your “home
page” that will list the plan about which you provided
information when you registered.
6. Once you have registered to use My PAA, you can:
! Proceed to d. where you will set up the team of
professionals who will use My PAA’s data entry and
editing screens to contribute to the plan’s filing or
will uploadthat has been prepared with compatible
private-sector software-prepared premium filings for
direct submission to PBGC; or
! Proceed to e. to add other pension plans to your
account for which you are the Filing Coordinator.
d. Organizing an E-Filing Team
The completion of a typical filing, including
certifications and payment authorizations, often requires
input from two or more people. Where paper filings
would be routed from person to person within an office or
mailed between offices, e-filings prepared using My
PAA’s data entry and editing screens can be accessed
through My PAA by anyone who has been authorized to
do so.

A group of people that can use My PAA to provide
input for a specific plan’s premium filings is called that
plan’s “e-filing team.” E-filing teams are established by
the Filing Coordinator.
Once a Filing Coordinator registers to use My PAA, he
or she can invite other people to use My PAA to
contribute to premium filings prepared for the plan
withsoftware can be “imported” into My PAA’s data entry
and editing screens. Using My PAA, the That means that
the information in the filing is placed into the data entry
and editing screens and can then be electronically routed,
reviewed, edited, certified, and submitted to PBGC as
described above. To import a filing for a plan, the plan
must be in your My PAA account. My PAA provides
instructions for importing filings.
Uploading a filing
A premium filing that has been prepared with
compatible private-sector software can also be “uploaded”
through My PAA. That means that the filing is submitted
directly to PBGC. An uploaded filing cannot be reviewed
or edited in My PAA. To upload a filing for a plan, the
plan need not be in your My PAA account, but you must
have a My PAA account with at least one plan in it. You
must electronically certify in My PAA that you have
authority to submit the filing for the plan, but in most
cases the information in the filing must be certified on
paper outside My PAA, and the certified information must
be retained in plan records. (The plan administrator’s (or
enrolled actuary’s) certification can be made on line if it is
the plan administrator (or enrolled actuary) who uploads
the filing.) My PAA provides instructions for uploading
filings and for certifying the information in uploaded
filings.
Filing Coordinator enters information for each person
who is to be added to the team, assigning them one or
more “e-filing permissions,” which determine the
e-filing tasks that each person will be allowed to
perform for the plan. These tasks include:
! Providing a plan administrator signature for an
e-filing;
! Providing an enrolled actuary signature for an
e-filing;
! Providing payment authorization for an e-filing;
! Electronically submitting e-filings with
e-payments to PBGC; and
! Viewing the plan’s account history on line.
In addition, each filing team member (regardless of “efiling permissions”) will be able — like a Filing
Coordinator — to upload premium filings prepared
with private-sector software for any plan.
To invite other people to be on your plan’s e-filing

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the authority to certify a filing (e.g., as the plan
administrator, and plan contact.
4. If appropriate, invite others to contribute to each
plan’s premium filings by clicking the “Invite a
Practitioner” button for each person and completing the
information requested.

team:
1. Access the My PAA page on PBGC’s Web site
(www.pbgc.gov) and enter your user ID and
password.
2. Click the “Invite a Practitioner” button next to
the applicable plan.
3. Enter and submit the following information for
the person you are inviting:
! First and last name;
! Phone number;
! E-mail address; and
! Permissions that person should have for the
plan.
4. Click the “Invite Practitioner” button.
5. My PAA will send that person an e-mail to tell
them that they have been invited to contribute to
your plan’s premium filings.

3. How Filing Team Members Use My PAA’s Data
Entry and Editing Screens to Prepare and Submit
Premium E-Filings and E-Payments
a. Initiating a draft e-filing
Once the Filing Coordinator has set up the plan’s
e-filing team, any team member can initiate a draft e-filing
for the plan using My PAA’s data entry and editing
screens. My PAA will walk you through a step-by-step
process to create this draft. On the first step, you will
identify the type of filing to be submitted (estimated or
final) as well as the type of plan (single-employer or
multiemployer) for which the filing is being submitted.
The information entered in each step determines the
content of the successive steps. For example, if the
selections made on the early steps are a final filing for a
single employer plan that is exempt from the variable rate
premium, the later steps will request the same information
as the paper Form 1-EZ.

If the invitee does not already have a My PAA
account, the e-mail will include instructions on how to
establish a My PAA account. When the account is
established, the plan for which the person was invited
will be listed on the “home page.” If the invitee
already has a My PAA account, the plan will be listed
on the “home page” the next time he or she accesses
My PAA.
e. Adding Additional Plans to Your Account
Once you have registered to use My PAA (either by
registering as a Filing Coordinator or by being invited
by a Filing Coordinator), you can add other plans to
your account. You should only add plans for which
you will fulfill the role of the Filing Coordinator. If
you are not the Filing Coordinator
A central role in the e-filing process is played by the
“filing coordinator,” who is the person designated by the
plan or plan sponsor to be responsible for coordinating the
plan’s on-line premium filing. The filing coordinator for a
plan, that plan can only be added to your account when the
Filing Coordinator invites you to join that plan’s e-filing
team.
To add each additional plan:
1. Access the My PAA page on PBGC’s Web site
(www.pbgc.gov) and enter your user ID and password.
2. Click the “Add Plan as Filing Coordinator” link in
the Plans section of your home page.
3. Complete the information requested, for example,
about the plan (the participant count and amount paid
on the last filing), is the one who adds that plan to a
person’s account and assigns each member of the
plan’s e-filing team one or more filing roles, such as

The person who starts the e-filing need not enter all of
the information requested. That person should only
complete as much information as possible and then save
the draft e-filing. Any missing information can be entered
later by the appropriate person (e.g., the actuary).
b. Routing, reviewing, and signing the e-filing
Once a draft e-filing is started, e-filing). My PAA
provides instructions for becoming a plan’s filing
coordinator, adding e-filing team members can
electronically “route” it to each other so that individual
contributions can be made to it. The person routing the
filing to another member of the e-filing team can include
comments and instructions for the person to whom the
filing is being routed.
When a filing is routed to another person, My PAA
will send that person an e-mail (with instructions if
entered) notifying them that they have been routed a filing
requiring them to take action and that they are now
“holding” that filing. Only the team member who “holds”
a filing is able to take action on it. Actions include editing
the filing, signing it as a plan administrator or enrolled
actuary, authorizing payment for it, and submitting it to
PBGC.

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All signatures and payment authorizations for an
e-filing are acquired electronically from appropriate
e-filing team members. Once a draft e-filing is created,
My PAA will list the required signature(s) and payment
authorization that must be obtained before it can be
submitted to PBGC. Those e-filing team members who
have been granted permission by the Filing Coordinator to
electronically sign the e-filing or electronically authorize
payment for it will do so from within My PAA.
Note that the Filing Coordinator has the option of
taking back possession of an e-filing from any of the other
team members if the Filing Coordinator believes this is
necessary.

$99,999.99 limitis added to a premium payment made
by credit card. The maximum allowable credit card
payment is $99,999.99 (including the convenience fee).

c. Selecting an electronic payment method
If the premium filing to be submitted to PBGC includes
a premium amount due, you must indicate how payment
will be made from this list of alternatives:
! Pay online using My PAA.
! Pay with a paper check.
! Pay with an electronic funds transfer outside of My
PAA.
If you choose to pay online using My PAA, you can
use one of the following, assigning roles, etc.
Payment Options
Payment within My PAA
If you owe a premium, you can pay it using My PAA.
My PAA offers three electronic payment methods:
! Automated Clearing House (ACH) — This payment
method involves the electronic transfer of funds from
an account that you specify to a PBGC account. You
specify the account by entering theyour account
number and bank routing codenumber.
! Electronic Ccheck — This is the electronic
equivalent to writing a paper check to PBGC. It
involves entering the check number of a (voided) paper
check, theyour account number, and theyour bank
routing number to conduct an electronic transfer of
funds. Funds are transferred from the plan sponsor’s
checking account to a PBGC account.
Credit Card.
! Credit card — My PAA currently accepts Visa and
MasterCard as payment options. Please note that when
you use a credit card to pay a premium, you will be
charged aA convenience fee (which is passed on to the
credit card processor) of approximately 3.04 percent of
the total premium amount and that there is a

Whichever one of the three e-payment methods is selected,
premium payment funds are securely transferred through
the Internet when the e-filing is submitted to PBGC.
If you choose to pay the premium outside of My PAA,
either by electronicPayment outside My PAA
Payment outside My PAA is permitted for any filing
and is required for filings in a batch upload. The options
are:
! Electronic funds transfer or by paper check, My
PAA will give you payment instructions (including a
voucher to send in with your paper check). As always,
it is very important to include the plan’s(EFT) via
Automated Clearing House (ACH) or Fed wire — You
arrange for payment to be electronically transferred by
providing your bank with PBGC’s EFT information
(see item 3.d. under “CONTACTS” on p. 2). You
should also specify the EIN/PN and plan year
commencement (PYC) date with these payments
outside of My PAA so your payment can be correctly
tied to yourfor the filing in the reference instructions
for the transfer.
! Paper check — You should specify the EIN/PN and
plan year commencement (PYC) date for the filing on
the check and send it to the filing address for paper
premium filing.
d. Submitting the completed e-filing with payment
All of the following conditions must be met before My
PAA will allow the Filing Coordinator or the person
authorized to submit an e-filing as the plan administrator
to electronically submit an e-filing and e-payment (if one
is being made) to PBGC:
! All required information has been entered into the
e-filing;
! An e-filing team member with plan administrator
permission has provided his or her electronic signature
for the e-filing;
! If a payment is being made through My PAA, an
e-filing team member with permission to authorize
premium e-payments has provided his or her electronic
authorization to make the premium payment; and
! If appropriate, an e-filing team member with
enrolled actuary permission has provided his or her
electronic signature for the e-filing.
e. Receiving an online receipt
Once an e-filing and any associated e-payment are

-62-

submitted to PBGC, My PAA will display an electronic
receipt. This receipt includesfilings (see item 3.a. and b.
under “CONTACTS” on p. 2). My PAA provides you
with a voucher to send with your check to help PBGC
match your check with your filing.
Other Important My PAA Features
Filing receipts
My PAA gives you a filing receipt. For a filing
submitted from My PAA’s data entry and editing screens
(including a filing imported into My PAA), the filing
receipt shows the date and time the e-filing was receivedof
receipt by PBGC, a confirmation number, and data entered
into the e-filing. This online receipt can be accessed in
My PAA by any e-filing team member. (Note: The
“Received Date and Time” that appears on the receipt is
the exact moment that the e-filing’s data “hits” PBGC’s
server in Washington, D.C. Rarely will it take more than a
few minutes for this data to hit our server after being
submitted.)

4. How a Person With a My PAA Account Uploads a
Premium Filing Prepared With Private-Sector
Software

My PAA, the filing must be contained in an electronic file
that is in “XML” format and meets PBGC specifications.
The specifications are posted on the PBGC’s Web site
(www.pbgc.gov). Private-sector software providers and
developers submit to PBGC sample filings in XML format
for PBGC review and assignment of approval numbers;
you should check with your software provider or
developer to find out whether your software is capable of
creating an XML file in the proper format for upload to
the PBGCthe uploaded file.
Account history
A member of a plan’s e-filing team may, if authorized
by the filing coordinator, view the plan’s account history
on-line through My PAA.
When you use private-sector software to create a
premium filing, follow PBGC’s premiumInstructions
My PAA provides full filing instructions as well as the
user instructions for the private-sector software you are
using. Once the filing has been prepared, it must be saved
electronically. Follow the user instructions for the
private-sector software that tell you how to put the filing
information into an electronic file that meets PBGC’s
specifications.
c. Uploading a premium filing through My PAA

a. Requirements to upload premium filings prepared with
private-sector software

To upload your completed premium filing, log on to
My PAA and go to the “Uploaded Software-Prepared
Filings” section of your My PAA home page. Clicking the
“Upload Fully Prepared Filing” button will take you to a
screen where you will enter the name of or select the XML
file containing the filing you are uploading. My PAA will
also prompt you for other information.

If you use a private-sector software program to create a
premium filing, you can use My PAA to upload the filing
directly to PBGC electronically via the Internet. For you
to do this:
1. You must have a My PAA account (i.e., a user ID
and password — see G.2.);
2. The private-sector software program you are using
must be able to save your premiumall of the
information submitted in the filing. For an upload, the
filing receipt shows the date and time of receipt by
PBGC, a confirmation number, and the name of the
uploaded XML file, but does not show any of the filing
information in a PBGC-compatible electronic format;
and
3. You must be qualified to certify the filing according
to PBGC requirements (see d. below).
Once you have an account, you can upload a filing for any
plan (whether or not it is in your My PAA account) as
long as you meet the other requirements listed above.

d. Certifying an uploaded premium filing

b. Preparing a premium filing with private-sector software
to upload through My PAA

When you have selected or entered the XML file name
and other information for the upload, My PAA will take
you to a certification screen. You must be authorized to
submit to the PBGC every filing that you upload. The
plan administrator of each plan for which a filing is
uploaded must certify the uploaded information. In some
cases, an enrolled actuary must also certify the
variable-rate premium information in an uploaded filing.
The certification screen and accompanying instructions
will explain the certification requirements. The plan
administrator and enrolled actuary must make their
certifications in accordance with those requirements. The
requirements are also posted on the PBGC’s Web site
along with other information about online premium filing.
e. Selecting a payment method

In order to be able to upload a premium filing through

-63-

When you upload a premium filing via My PAA, you
are given the same options for payment of the premium as
when you use My PAA’s data entry and editing screens to
create a filing. See 3.c. above.
f. Receiving an online receipt
Once you upload your filing, My PAA gives you an efiling receipt that contains a confirmation ID and the date
and time PBGC received your filing. In addition, this
receipt shows the name of the XML file you uploaded and
information about the file that you entered when it was
uploaded. Note that this receipt does not show the filing
information that was contained in the uploaded electronic
file.

5. About My PAA Accounts
Each individual who registers as a Filing Coordinator
or becomes a filing team member for one or more plans
has a My PAA account that is tied to his or her e-mail
address. My PAA accounts are established only once, but
information can be added to them as needed.
There are two ways that a My PAA account can be
established:
! If an individual is a plan’s Filing Coordinator, that
individual’s account is established as a result of
registering to use My PAA. Filing Coordinators are
the individuals responsible for coordinating a plan’s
premium e-filings.
! An individual will establish a personal account if
invited by a plan’s Filing Coordinator to join that
plan’s e-filing team. The individual’s account is
established when the individual accepts the Filing
Coordinator’s invitation and completes the first-time
log-in process. If you have not been selected to serve
as a Filing Coordinator, but you anticipate using My
PAA as a member of an e-filing team, you must wait
for a Filing Coordinator to invite you to register for an
account.
Every individual’s personal account functions the same

way, despite the way it was established. Every
individual’s personal account keeps track of the following
information:
! The individual’s log-in information (user ID and
password).
! The individual’s security key (a secret question /
secret answer combination).
! The names of the plan or plans for which the
individual serves as an e-filing team member. An
individual can serve as an e-filing team member for an
unlimited number of plans. Since personal accounts
are established only once, an individual does not
establish a new account for each plan to which the
individual will make a contribution. Rather, the
additional plans for which the individual becomes an
e-filing team member are simply added to the
individual’s existing account.
! The e-filing permissions that the individual has for
each of his or her plans. An individual’s e-filing
permissions determine what e-filing tasks the
individual can perform using My PAA’s data entry and
editing screens as a member of each e-filing team in
which the individual participates. An individual’s
e-filing permissions may be different for each of the
individual’s plans. For example, an individual may
have permission to sign e-filings and approve
e-payments as a member of Plan A’s e-filing team, but
only have permission to approve e-payments as a
member of Plan B’s e-filing team.

6. Questions about My PAA?
nd help screens.
For More Information
If you have questions about e-filing with My PAA,
please send an e-mail message to [email protected] or
call PBGC’s toll-free practitioner number,
1-800-736-2444, and select the “premium” option. Note:
TTY/TDD users may call the Federal Relay Service
toll-free at 1-800-877-8339 and ask to be connected.

To get started using My PAA, please visit PBGC on the Web at www.pbgc.gov.

-64-

APPENDIX A Optional Substitution Factors for the term “.94(RIR - BIR)”
You may use optional “substitution factors” in the Alternative Calculation Method interest rate adjustment formula to
replace the term “.94(RIR - BIR).” The use of the factors is not required; it is optional. The instructions for the formula and
for use of the tables below are in Part E, item 2.
Use the substitution factor in Table A when RIR is equal to or greater than BIR rounded to the nearest hundredth. Use
the substitution factor in Table B when BIR, rounded to the nearest hundredth, is greater than RIR.
TABLE A
When RIR is Equal To Or Greater Than BIR
If RIR minus BIR (rounded to
the nearest hundredth) is:

The substitution
factor is:

If RIR minus BIR (rounded to
the nearest hundredth) is:

At Least
0.00
0.10
0.20
0.30
0.40
0.50
0.60
0.70
0.80
0.90
1.00
1.10
1.20
1.30
1.40
1.50
1.60
1.70
1.80
1.90
2.00
2.10
2.20
2.30
2.40
2.50
2.60
2.70
2.80
2.90

1.0000
0.9938
0.9877
0.9816
0.9756
0.9695
0.9636
0.9576
0.9517
0.9458
0.9400
0.9342
0.9284
0.9227
0.9170
0.9114
0.9057
0.9002
0.8946
0.8891
0.8836
0.8781
0.8727
0.8673
0.8620
0.8567
0.8514
0.8461
0.8409
0.8357

At Least
3.00
3.10
3.20
3.30
3.40
3.50
3.60
3.70
3.80
3.90
4.00
4.10
4.20
4.30
4.40
4.50
4.60
4.70
4.80
4.90
5.00
5.10
5.20
5.30
5.40
5.50
5.60
5.70
5.80
5.90

But less than
0.10
0.20
0.30
0.40
0.50
0.60
0.70
0.80
0.90
1.00
1.10
1.20
1.30
1.40
1.50
1.60
1.70
1.80
1.90
2.00
2.10
2.20
2.30
2.40
2.50
2.60
2.70
2.80
2.90
3.00

-65-

But less than
3.10
3.20
3.30
3.40
3.50
3.60
3.70
3.80
3.90
4.00
4.10
4.20
4.30
4.40
4.50
4.60
4.70
4.80
4.90
5.00
5.10
5.20
5.30
5.40
5.50
5.60
5.70
5.80
5.90
6.00

The
substitution
factor is:
0.8306
0.8255
0.8204
0.8153
0.8103
0.8053
0.8003
0.7954
0.7905
0.7856
0.7807
0.7759
0.7711
0.7664
0.7617
0.7570
0.7523
0.7477
0.7430
0.7385
0.7339
0.7294
0.7249
0.7204
0.7160
0.7115
0.7072
0.7028
0.6985
0.6942

TABLE B
When BIR is Greater Than RIR

If BIR (rounded to the nearest
hundredth) minus RIR is:

The substitution
factor is:

If BIR (rounded to the nearest
hundredth) minus RIR is:

At Least
0.00
0.10
0.20
0.30
0.40
0.50
0.60
0.70
0.80
0.90
1.00
1.10
1.20
1.30
1.40
1.50
1.60
1.70
1.80
1.90
2.00
2.10
2.20
2.30
2.40
2.50
2.60
2.70
2.80
2.90

1.0062
1.0125
1.0187
1.0251
1.0314
1.0378
1.0443
1.0507
1.0573
1.0638
1.0704
1.0771
1.0838
1.0905
1.0973
1.1041
1.1109
1.1178
1.1248
1.1317
1.1388
1.1458
1.1529
1.1601
1.1673
1.1745
1.1818
1.1892
1.1965
1.2040

At Least
3.00
3.10
3.20
3.30
3.40
3.50
3.60
3.70
3.80
3.90
4.00
4.10
4.20
4.30
4.40
4.50
4.60
4.70
4.80
4.90
5.00
5.10
5.20
5.30
5.40
5.50
5.60
5.70
5.80
5.90

But less than
0.10
0.20
0.30
0.40
0.50
0.60
0.70
0.80
0.90
1.00
1.10
1.20
1.30
1.40
1.50
1.60
1.70
1.80
1.90
2.00
2.10
2.20
2.30
2.40
2.50
2.60
2.70
2.80
2.90
3.00

-66-

But less than
3.10
3.20
3.30
3.40
3.50
3.60
3.70
3.80
3.90
4.00
4.10
4.20
4.30
4.40
4.50
4.60
4.70
4.80
4.90
5.00
5.10
5.20
5.30
5.40
5.50
5.60
5.70
5.80
5.90
6.00

The
substitution
factor is:
1.2114
1.2190
1.2265
1.2341
1.2418
1.2495
1.2573
1.2651
1.2729
1.2808
1.2888
1.2968
1.3048
1.3129
1.3211
1.3293
1.3375
1.3458
1.3542
1.3626
1.3710
1.3795
1.3881
1.3967
1.4054
1.4141
1.4229
1.4317
1.4406
1.4495

APPENDIX B Codes for Principal Business Activity.
These business titles and definitions are based, in general, on the North American Industry Classification System.
They are designed to classify an enterprise by the type of activity in which it is engaged. You must use a code from the
following list.
Agriculture, Forestry, Fishing and
Hunting
C rop Production
111100 O ilseed & G rain Farming
111210 V egetable & M elon Farming (including potatoes &
yams)
111300 Fruit & Tree N ut Farming
111400 G reenhouse, N ursery, & Floriculture Production
111900 O ther C rop Farming (including tobacco, cotton,
sugarcane, hay, peanut, sugar beet & all other crop
farming)
Animal Production
112111 Beef C attle R anching & Farming
112112 C attle Feedlots
112120 D airy C attle & M ilk Production
112210 Hog & Pig Farming
112300 Poultry & Egg Production
112400 Sheep & G oat Farming
112510 Animal Aquaculture (including shellfish & finfish
farms & hatcheries)
112900 O ther Animal Production
Forestry and Logging
113110 Timber Tract O perations
113210 Forest N urseries & G athering of Forest Products
113310 Logging
Fishing, Hunting and Trapping
114110 Fishing
114210 Hunting & Trapping
Support Activities for Agriculture and Forestry
115110 Support Activities for C rop Production (including
cotton ginning, soil preparation, planting, &
cultivating)
115210 Support Activities for Animal Production
115310 Support Activities For Forestry

M ining
211110
212110
212200
212310
212320

O il & G as Extraction
C oal M ining
M etal O re M ining
Stone M ining & Q uarrying
Sand, G ravel, C lay, & C eramic & R efractory
M inerals M ining & Q uarrying
212390 O ther N onmetallic M ineral M ining & Q uarrying
213110 Support Activities for M ining

Utilities
221100 Electric P ow er G eneration, Transmission &
D istribution
221210 N atural G as D istribution
221300 W ater, Sew age & O ther Systems
221500 C ombination G as & Electricity

Construction
C onstruction of Buildings
236110 R esidential Building C onstruction
236200 N onresidential Building C onstruction
Heavy and C ivil Engineering C onstruction
237100 U tility System C onstruction
237210 Land Subdivision
237310 Highw ay, Street, & Bridge C onstruction
237990 O ther Heavy & C ivil Engineering C onstruction
Specialty Trade C ontractors
238100 Foundation, Structure, & Building Exterior
C ontractors (including framing carpentry, masonry,
glass, roofing, & siding)
238210 Electrical C ontractors
238220 Plumbing, Heating, & Air-conditioning C ontractors
238290 O ther Building Equipment C ontractors
238300 Building Finishing C ontractors (including dryw all,
insulation, painting, w allcovering, flooring, tile, and
finish carpentry)
238900 O ther Specialty Trade C ontractors (including site
preparation)

M anufacturing
Food M anufacturing
311110 Animal Food M fg
311200
311300
311400
311500
311610
311710
311800
311900

G rain & O ilseed M illing
Sugar & C onfectionery Product M fg
Fruit & V egetable Preserving & Specialty Food M fg
D airy Product M fg
Animal Slaughtering and Processing
Seafood Product Preparation & Packaging
Bakeries & Tortilla M fg
O ther Food M fg (including coffee, tea, flavorings &
seasonings)
Beverage and Tobacco Product M anufacturing
312110 Soft D rink & Ice M fg
312120 Brew eries
312130 W ineries
312140 D istilleries
312200 Tobacco M anufacturing
Textile M ills and Textile Product M ills
313000 Textile M ills
314000 Textile Product M ills
Apparel M anufacturing
315100 Apparel Knitting M ills
315210 C ut & Sew Apparel C ontractors
315220 M en’s & Boys’ C ut & Sew Apparel M fg
315230 W omen’s & G irls’ C ut & Sew Apparel M fg
315290 O ther C ut & Sew Apparel M fg
315990 Apparel Accessories & O ther Apparel M fg
Leather and Allied Product M anufacturing
316110 Leather & Hide T anning & Finishing
316210 Footw ear M fg (including rubber & plastics)
316990 O ther Leather & Allied Product M fg
W ood Product M anufacturing
321110 Saw mills & W ood Preservation
321210 V eneer, Plyw ood, & Engineered W ood Product M fg
321900 O ther W ood Product M fg
Paper M anufacturing
322100 Pulp, Paper, & Paperboard M ills
322200 C onverted Paper Product M fg
Printing and R elated Support Activities
323100 Printing & R elated Support Activities
Petroleum and C oal Products M anufacturing
324110 Petroleum R efineries (including integrated)
324120 Asphalt Paving, R oofing, & Saturated M aterials M fg
324190 O ther Petroleum & C oal Products M fg
C hemical M anufacturing
325100 Basic C hemical M fg
325200 R esin, Synthetic R ubber, & Artificial & Synthetic
Fibers & Filaments M fg
325300 Pesticide, Fertilizer, & O ther Agricultural C hemical
M fg
325410 Pharmaceutical & M edicine M fg
325500 Paint, C oating, & Adhesive M fg
325600 Soap, C leaning C ompound, & Toilet Preparation M fg
325900 O ther C hemical Product & Preparation M fg
Plastics and R ubber Products M anufacturing
326100 Plastics Product M fg
326200 R ubber Product M fg
N onmetallic M ineral Product M anufacturing
327100 C lay Product & R efractory M fg
327210 G lass & G lass Product M fg
327300 C ement & C oncrete Product M fg
327400 Lime & G ypsum Product M fg
327900 O ther N onmetallic M ineral Product M fg
Primary M etal M anufacturing
331110 Iron & Steel M ills & Ferroalloy M fg
331200 Steel Product M fg from Purchased Steel
331310 Alumina & Aluminum Production & Processing
331400 N onferrous M etal (except Aluminum) Production &
Processing
331500 Foundries
Fabricated M etal Product M anufacturing
332110 Forging & Stamping
332210 C utlery & Handtool M fg
332300 Architectural & Structural M etals M fg
332400 Boiler, Tank, & Shipping C ontainer M fg

-67-

332510 Hardw are M fg
332610 Spring & W ire Product M fg
332700 M achine Shops; Turned Product; & Screw , N ut, &
Bolt M fg
332810 C oating, Engraving, Heat Treating, & Allied
Activities
332900 O ther Fabricated M etal Product M fg
M achinery M anufacturing
333100 Agriculture, C onstruction, & M ining M achinery M fg
333200 Industrial M achinery M fg
333310 C ommercial & Service Industry M achinery M fg
333410 V entilation, H eating, Air-C onditioning, &
C ommercial R efrigeration Equipment M fg
333510 M etalw orking M achinery M fg
333610 Engine, Turbine & Pow er Transmission Equipment
M fg
333900 O ther G eneral Purpose M achinery M fg
C omputer and Electronic Product M anufacturing
334110 C omputer & Peripheral Equipment M fg
334200 C ommunications Equipment M fg
334310 Audio & V ideo Equipment M fg
334410 Semiconductor & O ther Electronic C omponent M fg
334500 N avigational, M easuring, Electromedical, & C ontrol
Instruments M fg
334610 M anufacturing & R eproducing M agnetic & O ptical
M edia
Electrical Equipment, Appliance, and C omponent
M anufacturing
335100 Electric Lighting Equipment M fg
335200 Household Appliance M fg
335310 Electrical Equipment M fg
335900 O ther Electrical Equipment & C omponent M fg
Transportation Equipment M anufacturing
336100 M otor V ehicle M fg
336210 M otor V ehicle Body & Trailer M fg
336300 M otor V ehicle Parts M fg
336410 Aerospace Product & Parts M fg
336510 R ailroad R olling Stock M fg
336610 Ship & Boat Building
336990 O ther Transportation Equipment M fg
Furniture and R elated Product M anufacturing
337000 Furniture & R elated Product M anufacturing
M iscellaneous M anufacturing
339110 M edical Equipment & Supplies M fg
339900 O ther M iscellaneous M anufacturing

W holesale Trade
M erchant W holesalers, D urable G oods
423100 M otor V ehicle & M otor V ehicle Parts & Supplies
423200 Furniture & Home Furnishings
423300 Lumber & O ther C onstruction M aterials
423400 Professional & C ommercial Equipment & Supplies
423500 M etals & M inerals (except Petroleum)
423600 Electrical & Electronic G oods
423700 Hardw are, Plumbing & Heating Equipment &
Supplies
423800 M achinery, Equipment, & Supplies
423910 Sporting & R ecreational G oods & Supplies
423920 Toy & Hobby G oods & Supplies
423930 R ecyclable M aterials
423940 Jew elry, W atches, Precious Stones, & Precious
M etals
423990 O ther M iscellaneous D urable G oods
M erchant W holesalers, N ondurable G oods
424100 Paper & Paper Products
424210 D rugs & D ruggists’ Sundries
424300 Apparel, Piece G oods, & N otions
424400 G rocery & R elated Products
424500 Farm Product R aw M aterials
424600 C hemical & Allied Products
424700 Petroleum & Petroleum Products
424800 Beer, W ine, & D istilled Alcoholic Beverages
424910 Farm Supplies
424920 Books, Periodicals & N ew spapers
424930 Flow ers, N ursery Stock, & Florists’ Supplies
424940 Tobacco & Tobacco Products
424950 Paint, V arnish, & Supplies

424990 O ther M iscellaneous N ondurable G oods
W holesale Electronic M arkets and Agents and Brokers
425110 Business to Business Electronic M arkets
425120 W holesale Trade Agents & Brokers

Retail Trade
M otor V ehicle and Parts D ealers
441110 N ew C ar D ealers
441120 U sed C ar D ealers
441210 R ecreational V ehicle D ealers
441221 M otorcycle D ealers
441222 Boat D ealers
441229 All O ther M otor V ehicle D ealers
441300 Automotive Parts, Accessories, & Tire Stores
Furniture and Home Furnishings Stores
442110 Furniture Stores
442210 Floor C overing Stores
442291 W indow Treatment Stores
442299 All O ther Home Furnishings Stores
Electronics and Appliance Stores
443111 Household Appliance Stores
443112 R adio, Television, & O ther Electronics Stores
443120 C omputer & Softw are Stores
443130 C amera & Photographic Supplies Stores
Building M aterial and G arden Equipment and Supplies D ealers
444110 Home C enters
444120 Paint & W allpaper Stores
444130 Hardw are Stores
444190 O ther Building M aterial D ealers
444200 Law n & G arden Equipment & Supplies Stores
Food and Beverage Stores
445110 Supermarkets and O ther G rocery (except
C onvenience) Stores
445120 C onvenience Stores
445210 M eat M arkets
445220 Fish & Seafood M arkets
445230 Fruit & V egetable M arkets
445291 Baked G oods Stores
445292 C onfectionery & N ut Stores
445299 All O ther Specialty Food Stores
445310 Beer, W ine, & Liquor Stores
Health and Personal C are Stores
446110 Pharmacies & D rug Stores
446120 C osmetics, Beauty Supplies, & Perfume Stores
446130 O ptical G oods Stores
446190 O ther Health & Personal C are Stores
G asoline Stations
447100 G asoline Stations (including convenience stores w ith
gas)
C lothing and C lothing Accessories Stores
448110 M en’s C lothing Stores
448120 W omen’s C lothing Stores
448130 C hildren’s & Infants’ C lothing Stores
448140 Family C lothing Stores
448150 C lothing Accessories Stores
448190 O ther C lothing Stores
448210 Shoe Stores
448310 Jew elry Stores
448320 Luggage & Leather G oods Stores
Sporting G oods, Hobby, Book, and M usic Stores
451110 Sporting G oods Stores
451120 Hobby, Toy, & G ame Stores
451130 Sew ing, N eedlew ork, & Piece G oods Stores
451140 M usical Instrument & Supplies Stores
451211 Book Stores
451212 N ew s D ealers & N ew sstands
451220 Prerecorded Tape, C ompact D isc, & R ecord Stores
G eneral M erchandise Stores
452110 D epartment Stores
452900 O ther G eneral M erchandise Stores
M iscellaneous Store R etailers
453110 Florists
453210 O ffice Supplies & Stationery Stores
453220 G ift, N ovelty, & Souvenir Stores
453310 U sed M erchandise Stores
453910 Pet & Pet Supplies Stores
453920 Art D ealers
453930 M anufactured (M obile) Home D ealers
453990 All O ther M iscellaneous Store R etailers (including
tobacco, candle, & trophy shops)
N onstore R etailers
454110 Electronic Shopping & M ail-O rder Houses
454210 V ending M achine O perators

454311
454312
454319
454390

Heating O il D ealers
Liquefied Petroleum G as (Bottled G as) D ealers
O ther Fuel D ealers
O ther D irect Selling Establishments (including doorto-door retailing, frozen food plan providers, party
plan merchandisers, & coffee-break service
providers)

Transportation and W arehousing
Air, R ail, and W ater Transportation
481000 Air Transportation
482110 R ail Transportation
483000 W ater Transportation
Truck Transportation
484110 G eneral Freight T rucking, Local
484120 G eneral Freight Trucking, Long-distance
484200 Specialized Freight Trucking
Transit and G round Passenger Transportation
485110 U rban Transit Systems
485210 Interurban & R ural Bus Transportation
485310 Taxi Service
485320 Limousine Service
485410 School & Employee Bus Transportation
485510 C harter B us Industry
485990 O ther Transit & G round Passenger Transportation
Pipeline Transportation
486000 Pipeline Transportation
Scenic & Sightseeing Transportation
487000 Scenic & Sightseeing Transportation
Support Activities for Transportation
488100 Support Activities for Air Transportation
488210 Support Activities for R ail Transportation
488300 Support Activities for W ater Transportation
488410 M otor V ehicle T ow ing
488490 O ther Support Activities for Road Transportation
488510 Freight Transportation Arrangement
488990 O ther Support Activities for Transportation
C ouriers and M essengers
492110 C ouriers
492210 Local M essengers & Local D elivery
W arehousing and Storage
493100 W arehousing & Storage Facilities (except lessors of
miniw arehouses & self storage units)

Information
Publishing Industries (except Internet)
511110 N ew spaper Publishers
511120 Periodical Publishers
511130 Book Publishers
511140 D irectory & M ailing, Publishers
511190 O ther Publishers
511210 Softw are Publishers
M otion Picture and Sound R ecording Industries
512100 M otion Picture & V ideo Industries (except video
rental)
512200 Sound R ecording Industries
Broadcasting (except Internet)
515100 R adio & Television Broadcasting
515210 C able & O ther Subscription Programming
Internet Publishing and Broadcasting
516110 Internet Publishing & Broadcasting
Telecommunications
517000 Telecommunications (including paging, cellular,
satellite, cable & other program distribution, resellers
& other telecommunications)
Internet Service Providers, W eb Search Portals, and D ata
Processing Services
518111 Internet Service Providers
518112 W eb Search Portals
518210 D ata Processing, Hosting, & R elated Products
O ther Information Services
519100 O ther Information Services (including new s
syndicates & libraries)

Finance and Insurance
D epository C redit Intermediation
522110 C ommercial Banking
522120 Savings Institutions
522130 C redit U nions
522190 O ther D epository C redit Intermediation
N ondepository C redit Intermediation
522210 C redit C ard Issuing
522220 Sales Financing

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522291 C onsumer Lending
522292 R eal Estate C redit (including mortgage bankers &
originators)
522293 International Trade Financing
522294 Secondary M arket Financing
522298 All O ther N ondepository C redit Intermediation
Activities Related to C redit Intermediation
522300 Activities R elated to C redit Intermediation (including
loan brokers)
Securities, C ommodity C ontracts, and O ther Financial
Investments and R elated Activities
523110 Investment Banking & Securities D ealing
523120 Securities Brokerage
523130 C ommodity C ontracts D ealing
523140 C ommodity C ontracts B rokerage
523210 Securities & C ommodity Exchanges
523900 O ther Financial Investment Activities (including
portfolio management & investment advice)
Insurance C arriers and R elated Activities
524140 D irect Life, Health, & M edical Insurance &
R einsurance C arriers
524150 D irect Insurance & R einsurance (except Life, Health
& M edical) C arriers
524210 Insurance Agencies & Brokerages
524290 O ther Insurance R elated Activities
Funds, Trusts, and O ther Financial V ehicles
525100 Insurance & Employee Benefit Funds
525910 O pen-End Investment Funds (Form 1120-R IC )
525920 Trusts, E states, & Agency A ccounts
525930 R eal Estate Investment Trusts (Form 1120-R EIT)
525990 O ther Financial V ehicles (including closed-end
investment funds)
“O ffices of Bank Holding C ompanies” and “O ffices of O ther
Holding C ompanies” are located under M anagement of
C ompanies (Holding C ompanies)

Real Estate and Rental and Leasing
R eal Estate
531110 Lessors of R esidential Buildings & D w ellings
531114 C ooperative H ousing
531120 Lessors of N onresidential Buildings (except
M iniw arehouses)
531130 Lessors of M iniw arehouses & Self-Storage U nits
531190 Lessors of O ther R eal Estate Property
531210 O ffices of R eal Estate Agents & Brokers
531310 R eal Estate Property M anagers
531320 O ffices of R eal Estate Appraisers
531390 O ther Activities R elated to R eal Estate
R ental and Leasing Services
532100 Automotive E quipment R ental & Leasing
532210 C onsumer Electronics & Appliances R ental
532220 Formal W ear & C ostume R ental
532230 V ideo Tape & D isc Rental
532290 O ther C onsumer G oods R ental
532310 G eneral R ental C enters
532400 C ommercial & Industrial M achinery & Equipment
R ental & Leasing
Lessors of N onfinancial Intangible Assets (except C opyrighted
W orks)
533110 Lessors of N onfinancial Intangible Assets (except
C opyrighted W orks)

Professional, Scientific, and Technical
Services
Legal Services
541110 O ffices of Law yers
541190 O ther Legal Services
Accounting, Tax Preparation, Bookkeeping, and Payroll
Services
541211 O ffices of C ertified Public Accountants
541213 Tax Preparation Services
541214 Payroll Services
541219 O ther Accounting Services
Architectural, Engineering, and R elated Services
541310 Architectural Services
541320 Landscape Architecture Services
541330 Engineering Services
541340 D rafting Services
541350 Building Inspection Services
541360 G eophysical Surveying & M apping Services
541370 Surveying & M apping (except G eophysical) Services
541380 Testing Laboratories

Specialized D esign Services
541400 Specialized D esign Services (including interior,
industrial, graphic, & fashion design)
C omputer Systems D esign and R elated Services
541511 C ustom C omputer Programming Services
541512 C omputer Systems D esign Services
541513 C omputer Facilities M anagement Services
541519 O ther C omputer R elated Services
O ther Professional, Scientific, and Technical Services
541600 M anagement, Scientific, & Technical C onsulting
Services
541700 Scientific R esearch & D evelopment Services
541800 Advertising & R elated Services
541910 M arketing R esearch & Public O pinion Polling
541920 Photographic Services
541930 Translation & Interpretation Services
541940 V eterinary Services
541990 All O ther Professional, Scientific & Technical
Services

M anagement of Companies (Holding
Companies)
551111 O ffices of Bank Holding C ompanies
551112 O ffices of O ther Holding C ompanies

Administrative and Support and W aste
M anagement and Remediation Services
Administrative and Support Services
561110 O ffice Administrative Services
561210 Facilities Support Services
561300 Employment Services
561410 D ocument Preparation Services
561420 Telephone C all C enters
561430 Business Service C enters (including private mail
centers & copy shops)
561440 C ollection Agencies
561450 C redit Bureaus
561490 O ther Business Support Services (including
repossession services, court reporting, & stenotype
services)
561500 Travel Arrangement & R eservation Services
561600 Investigation & Security Services
561710 Exterminating & Pest C ontrol Services
561720 Janitorial Services
561730 Landscaping Services
561740 C arpet & U pholstery C leaning Services
561790 O ther Services to B uildings & D w ellings
561900 O ther Support Services (including packaging &
labeling services, & convention & trade show
organizers)
W aste M anagement and R emediation Services
562000 W aste M anagement & R emediation Services

Educational Services
611000 Educational Services (including schools, colleges, &
universities)

Health Care and Social Assistance
O ffices of Physicians and D entists
621111 O ffices of Physicians (except mental health
specialists)
621112 O ffices of Physicians, M ental Health Specialists
621210 O ffices of D entists
O ffices of O ther Health Practitioners
621310 O ffices of C hiropractors
621320 O ffices of O ptometrists
621330 O ffices of M ental Health Practitioners (except
Physicians)
621340 O ffices of Physical, O ccupational & Speech
Therapists, & Audiologists
621391 O ffices of Podiatrists
621399 O ffices of All O ther M iscellaneous Health
Practitioners
O utpatient C are C enters
621410 Family Planning C enters
621420 O utpatient M ental Health & Substance Abuse
C enters
621491 HM O M edical C enters
621492 Kidney D ialysis C enters
621493 Freestanding Ambulatory Surgical & Emergency
C enters
621498 All O ther O utpatient C are C enters
M edical and D iagnostic Laboratories
621510 M edical & D iagnostic Laboratories
Home Health C are Services
621610 Home Health C are Services
O ther Ambulatory Health C are Services
621900 O ther A mbulatory Health C are Services (including
ambulance services & blood & organ banks)
Hospitals
622000 Hospitals
N ursing and R esidential C are Facilities
623000 N ursing & R esidential C are Facilities
Social Assistance
624100 Individual & Family Services
624200 C ommunity Food & Housing, & Emergency & O ther
R elief Services
624310 V ocational R ehabilitation Services
624410 C hild D ay C are Services

Arts, Entertainment, and Recreation
Performing Arts, Spectator Sports, and R elated Industries
711100 Performing Arts C ompanies
711210 Spectator Sports (including sports clubs &
racetracks)
711300 Promoters of Performing Arts, Sports, & Similar
Events
711410 Agents & M anagers for Artists, Athletes,
Entertainers, & O ther Public Figures
711510 Independent Artists, W riters, & Performers
M useums, Historical Sites, and Similar Institutions
712100 M useums, Historical Sites, & Similar Institutions
Amusement, G ambling, and R ecreation Industries
713100 Amusement Parks & Arcades
713200 G ambling Industries
713900 O ther A musement & R ecreation Industries (including
golf courses, skiing facilities, marinas, fitness centers,

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& bow ling centers)

Accommodation and Food Services
Accommodation
721110 Hotels (except casino hotels) & M otels
721120 C asino Hotels
721191 Bed & Breakfast Inns
721199 All O ther Traveler Accommodation
721210 R V (R ecreational V ehicle) Parks & R ecreational
C amps
721310 R ooming & Boarding Houses
Food Services and D rinking Places
722110 Full-Service R estaurants
722210 Limited-Service Eating Places
722300 Special Food Services (including food service
contractors & caterers)
722410 D rinking Places (Alcoholic Beverages)

Other Services
R epair and M aintenance
811110 Automotive M echanical & Electrical R epair &
M aintenance
811120 Automotive Body, Paint, Interior, & G lass R epair
811190 O ther A utomotive R epair & M aintenance (including
oil change & lubrication shops & car w ashes)
811210 Electronic & Precision Equipment R epair &
M aintenance
811310 C ommercial & Industrial M achinery & Equipment
(except Automotive & Electronic) R epair &
M aintenance
811410 Home & G arden Equipment & Appliance R epair &
M aintenance
811420 R eupholstery & Furniture R epair
811430 Footw ear & Leather G oods R epair
811490 O ther Personal & Household G oods R epair &
M aintenance
Personal and Laundry Services
812111 Barber Shops
812112 Beauty Salons
812113 N ail Salons
812190 O ther Personal C are Services (including diet &
w eight reducing centers)
812210 Funeral Homes & Funeral Services
812220 C emeteries & C rematories
812310 C oin-O perated Laundries & D rycleaners
812320 D rycleaning & Laundry Services (except C oinO perated)
812330 Linen & U niform Supply
812910 Pet C are (except V eterinary) Services
812920 Photofinishing
812930 Parking Lots & G arages
812990 All O ther Personal Services
R eligious, G rantmaking, C ivic, Professional, and Similar
O rganizations
813000 R eligious, G rantmaking, C ivic, Professional, &
Similar O rganizations
813930 Labor U nions and Similar Labor O rganizations
921000 G overnmental instrumentality or Agency

EMPLOYEE BENEFITS SECURITY ADMINISTRATION OFFICES
In addition to being able to obtain PBGC premium forms and instructions from the PBGC (see item 4. under
“CONTACTS” on p. ii), you may obtain our forms and instructions through the following offices of the Employee
Benefits Security Administration (EBSA) of the U.S. Department of Labor:
CALIFORNIA
San Francisco 94105
71 Stevenson Street
Suite 915
(415) 975-4600

ILLINOIS
Chicago 60606
200 West Adams Street
Suite 1600
(312) 353-0900

MICHIGAN
Detroit 48226-3211
211 West Fort Street
Suite 1310
(313) 226-7450

Pasadena 91106
1055 E. Colorado Boulevard
Suite 200
(626) 229-1000

KENTUCKY
Fort Wright 41011-2664
1885 Dixie Highway
Suite 210
(859) 578-4680

MISSOURI
Kansas City 64105-5148
1100 Main Street
Suite 1200
(816) 426-5131

MARYLAND
Silver Spring 20910
1335 East West Highway
Suite 200
(301) 713-2000

St. Louis 63103
1222 Spruce Street
Room 6310
(314) 539-2693

FLORIDA
Plantation 33324
8040 Peters Road
Building H, Suite 104
(954) 424-4022
GEORGIA
Atlanta 30303
61 Forsyth Street SW
Suite 7B54
(404) 562-2156

NEW YORK
New York City 10004
33 Whitehall Street
Suite 1200
(212) 607-8600

MASSACHUSETTS
Boston 02203
JFK Building
Room 575
(617) 565-9600

PENNSYLVANIA
Philadelphia 19106-3317
Curtis Center
170 S. Independence Mall
West
Suite 870 West
(215) 861-5300
TEXAS
Dallas 75202-5025
525 South Griffin Street
Room 900
(214) 767-6831
WASHINGTON
Seattle 98101-3212
1111 Third Avenue
Suite 860
(206) 553-4244

PBGC PREMIUM PACKAGES - BULK MAILING ORDER FORM
We will mail a bulk order of forms to those pension practitioners who need many copies. We will also provide
forms for filing for previous plan yearsMATERIALS — ORDER FORM
Prior years’ premium materials can be obtained from PBGC by using this order form. Please check one or more of the following and record your
name and address:
Send 2006 Estimated Premium Payment Package (25 copies of the form and 1 set of instructions).
Send 2006 Premium Payment Package (50 copies of the forms and 1 set of instructions).
Send Estimated Premium Payment Package for filing year ___________. Number of packages needed ____________.
Send Premium Payment Package for filing year ___________. Number of packages needed ____________.

Stop sending bulk packages. They are no longer needed.
Name:
Address:

________________________________________________
________________________________________________
________________________________________________
________________________________________________

-70-

Fax this form to: (202) 326-4250
Or mail it to:
Pension Benefit Guaranty Corporation
Dept. 77840
P.O. Box 77000
Detroit, MI 48277-0840

PENSION BENEFIT GUARANTY CORPORATION
Dept. 77430
P.O. Box 77000
Detroit, MI 48277-0430

PRESORTED STANDARD
POSTAGE AND FEES
PAID PBGC
Permit No. G-92

O fficial Business
Penalty for private use, $300

Address Service Requested