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TREAS/IRS RIN: 1545-BI40 Publication ID: Fall 2013 
Title: Reporting and Notice Requirements for Deferred Vested Benefits Under Section 6057 
Abstract: Since the Employee Retirement Income Security Act of 1974 (ERISA), pension plans have used Schedule SSA of the Form 5500 to report participants who separate from service with deferred vested benefits. For plan years which begin after December 31, 2008, the Department of Labor will require that the Form 5500 and its schedules be filed electronically. The Department of Labor's mandated electronic filing requirement can only be for information which is within the Department of Labor's annual reporting jurisdiction. The information required under section 6057 of the Code is not in title I of ERISA and therefore not covered by the Department of Labor's annual reporting requirements. Currently, the information collected under 6057 is not subject to an electronic filing mandate. Consequently, the Schedule SSA can no longer be filed as part of the Form 5500. Therefore, it is necessary for the Service to develop a new means of satisfying the requirement of section 6057. The Service has chosen to develop a new form to replace Schedule SSA, which will require much of the same information as the Schedule SSA that was filed with the Form 5500 for plan years beginning before January 1, 2009. In Announcement 2011-21, the Service stated that the form to replace Schedule SSA is Form 8955-SSA, Annual Registration Statement Identifying Separated Participants With Deferred Vested Benefits. This is a stand-alone form and will be used for plan years beginning after December 31, 2008. The regulations would provide guidance on satisfying the reporting requirements of section 6057 for plan years beginning after December 31, 2008. 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Final Rule Stage 
Major: No  Unfunded Mandates: No 
CFR Citation: 26 CFR 31 
Legal Authority: 26 USC 6057; 26 USC 7805 
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  06/21/2012  77 FR 37352 
NPRM Comment Period End  09/19/2012   
Final Rule  12/00/2013   
Additional Information: REG-153627-08 Drafting attorney: Sarah R. Bolen (202) 622-6060 Reviewing attorney: Pamela R. Kinard (202) 622-6060 Treasury attorney: William Evans (202) 622-1332 CC:TEGE
Regulatory Flexibility Analysis Required: No  Government Levels Affected: Local, State 
Small Entities Affected: Businesses, Governmental Jurisdictions, Organizations  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Related Agencies: Joint: SSA; 
Agency Contact:
Sarah R. Bolen
Attorney Advisor
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW., Room 4427,
Washington, DC 20224
Phone:202 622-6060
Fax:202 927-1851
Email: sarah.r.bolen@irscounsel.treas.gov

 
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