My Plan Administration Account (My PAA) is a secure Web-based application that provides pension plan practitioners with an electronic alternative to PBGC's current paper-based premium filing process.
My PAA is PBGC's first online practitioner e-filing service center, providing efficient and secure submission of premium filings and payments to PBGC via the Internet.
My PAA enables you to electronically submit all your PBGC premium filings for plan years commencing in 2004 and later:
Form 1-ES
Form 1-EZ
Form 1
Form 1 with Schedule A
Amended versions of any of the above
My PAA's Advantages:
You can prepare, review, authorize, pay, and submit using the Internet and e-mail. The mailing of paper forms and checks is no longer required.
You can keep track of multiple plans. My PAA provides real-time filing status information and electronic receipts. No longer do you need to wonder if a filing has been completed on time.
Filing preparation is broken down into six manageable steps, and "in context" help is provided so that you can more easily and accurately complete each item in a filing.
Key aspects of file preparation and premium calculation are automated and validated.
You have three electronic payment options: ACH, Internet Check, and Credit Card. No longer do you have to wait for paper checks to be cut by a finance department.
Reduces the lag time between when you submit a filing and when it is received by PBGC. An e-filing's "Received Date and Time" is the exact moment that it "hits" PBGC's server (located in Washington, D.C.) based on Eastern Time. Rarely will it take more than a few minutes for an e-filing to be received.
How E-Filing Works:
Practitioners will establish teams to collaborate online to prepare, review, authorize and submit premium filings and payments. With My PAA, practitioners can "route" premium filings to each other for input and authorization – nobody ever has to leave their workstation.
If you have questions, please send an e-mail message to premiums@pbgc.gov or call our toll-free practitioner number, 1-800-736-2444 and select the "premium" option.
Send comments about this Web site to webmaster@pbgc.gov
Last Edited: 01/06/04