[Code of Federal Regulations]
[Title 29, Volume 9]
[Revised as of July 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 29CFR4022.9]

[Page 774]
 
                             TITLE 29--LABOR
 
            CHAPTER XL--PENSION BENEFIT GUARANTY CORPORATION
 
PART 4022_BENEFITS PAYABLE IN TERMINATED SINGLE-EMPLOYER PLANS
--Table of Contents
 
            Subpart A_General Provisions; Guaranteed Benefits
 
Sec. 4022.9  Time of payment; benefit applications.

    (a) Time of payment. A participant may start receiving an annuity 
benefit from the PBGC (subject to the PBGC's rules for starting benefit 
payments) on his or her Earliest PBGC Retirement Date as determined 
under Sec. 4022.10 of this subchapter or, if later, the plan's 
termination date.
    (b) Elections and consents. The PBGC may prescribe the time and 
manner for benefit elections to be made and spousal consents to be 
provided.
    (c) Benefit applications. The PBGC is not required to accept any 
application for benefits not made in accordance with its forms and 
instructions.
    (d) Filing with the PBGC--(1) Method and date of filing. The PBGC 
applies the rules in subpart A of part 4000 of this chapter to determine 
permissible methods of filing with the PBGC under this part. Benefit 
applications and related submissions are treated as filed on the date 
received by the PBGC unless the instructions for the applicable form 
provide for an earlier date. Subpart C of part 4000 of this chapter 
provides rules for determining when the PBGC receives a submission.
    (2) Where to file. See Sec. 4000.4 of this chapter for information 
on where to file.
    (3) Computation of time. The PBGC applies the rules in subpart D of 
part 4000 of this chapter to compute any time period for filing under 
this part.

[67 FR 16955, Apr. 8, 2002, as amended at 68 FR 61353, Oct. 28, 2003]