Brief Case
Pension Resource

29 C.F.R. § 4903.6

How will PBGC add interest, penalty charges, and administrative costs to a debt owed to PBGC?
eCFR amendment effective 2017-01-01 · current
PrintCompare datesAsk AI about this sectionOfficial source ↗
(a) Assessment and notice. PBGC will assess interest, penalties and administrative costs on PBGC debts in accordance with the provisions of 31 U.S.C. 3717, 31 CFR 901.9 and other applicable requirements. Administrative costs, including the costs of processing and handling a delinquent debt, will be determined by PBGC. PBGC will explain in the notice to the debtor how interest, penalties, costs, and other charges are assessed, unless the requirements are included in a contract or other legally binding agreement.
(b) Waiver of interest, penalties, and administrative costs. Unless otherwise required by law, regulation, or contract, PBGC will not charge interest if the amount due on the debt is paid within 30 days of the date from which the interest accrues. See 31 U.S.C. 3717(d). To the extent permitted by law, PBGC may waive interest, penalties, and administrative costs, or any portion thereof, in appropriate circumstances consistent with the FCCS.
(c) Accrual during suspension of debt collection. In most cases, interest, penalties and administrative costs will continue to accrue during any period when collection has been suspended for any reason (for example, when the debtor has requested a hearing). PBGC may suspend accrual of any or all of these charges in appropriate circumstances consistent with the FCCS.
29 C.F.R. § 4903.6 — How will PBGC add interest, penalty charges, and administrative costs to a debt owed to PBGC? · eCFR amendment effective 2017-01-01 · https://pensionresource.website/EAMain?content=EAMain.Law&id=cfr29-4903.6 · printed Oct 16, 2026
On this page
  • (a) Assessment and notice.
  • (b) Waiver of interest, penalties, and administrative costs.
  • (c) Accrual during suspension of debt collection.
Cited by (code & regs)
Guidance addressing this section

No documents are primarily about this section.

Also cited in 2 other documents
PBGC
Final Rules
Proposed Rules
  • 75 FR 42662Proposed Jul 22, 2010 — Debt Collection Comments due Sep 20, 2010

No court rulings in the library cite this provision yet.

No private letter rulings in the library cite this provision yet.

Each row is a version of the text as published by the official source. Code dates are the edition/release point that first reflected the change; regulation dates are eCFR effective dates. The library checks the official sources automatically, so new versions appear here on their own; “run” opens the sync that recorded a version.

EffectiveThroughSourceAmended by
Jul 1, 2011currenteCFR amendment effective 2017-01-01 run 2View
Provision-level history (blame)