The Pension Benefit Guaranty Corporation Tuesday announced a that the address for overnight deliveries of paper premium checks is changing, effective October 6.
Overnight deliveries that are sent to the old address will be returned to the sender, which could result in late payment charges if the check is not re-sent to the correct address on or before the premium due date, according to the PBGC’s announcement.
For overnight express deliveries made on or after October 5, plan administrators, plan sponsors or pension practitioners should send paper checks to:
U.S. Bank Government Lockbox
Attn: PBGC #979120
3180 Rider Trail S.
Earth City, MO 63045
To pay by check, one must send a completed voucher and a check made out to “Pension Benefit Guaranty Corporation” to the applicable address. The sender should also include the plan’s EIN and PN on the check in case it becomes separated from the voucher.
The PBGC also accepts annual premium filings and payments through its online application, My Plan Administration Account. More instructions on premium filing payments can be found on the PBGC website.