Private Pensions Government Actions Could Improve the Timeliness and Content of Form 5500 Pension Information

By General Accounting Office

Book Id: WPLBN0000221703
Format Type: PDF eBook:
File Size: 0.9 MB
Reproduction Date: 2005

Title:	Private Pensions Government Actions Could Improve the Timeliness and Content of Form 5500 Pension Information
Author:	General Accounting Office
Volume:
Language:	English
Subject:	Government publications, Accountability in government, United States. General Accounting Office
Collections:	Government Library Collection, Government Accountability Integrity Reliability Office Collection
Historic Publication Date:
Publisher:	United States General Accounting Office (Gao)


Citation APA MLA Chicago Accounting Office, B. G. (n.d.). Private Pensions Government Actions Could Improve the Timeliness and Content of Form 5500 Pension Information. Retrieved from https://self.gutenberg.org/

Description
Government Accountability Integrity Reliability Office Collection

Excerpt
Excerpt: Detailed information on private pension plans is reported on the Form 5500, and Labor, IRS, and PBGC use the information for compliance, research, and public disclosure purposes. Information collected on the form includes basic plan identifying information as well as detailed information including assets and liabilities, insurance, and financial transactions. The principal users of Form 5500 Reports?Labor, IRS, and PBGC?use the reports primarily as a compliance tool to identify actual and potential violations of the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code. Other federal agencies and policy researchers also use Form 5500 information.