{"data":{"id":"us/29-cfr-4245.3","jurisdiction":"us","citation":"29 CFR 4245.3","heading":"Notice of insolvency.","body":"(a) Requirement of notice. The plan sponsor of a plan that determines that the plan is insolvent in the current plan year or is expected to be insolvent in the next plan year must file with PBGC a notice of insolvency containing the information described in § 4245.4(a) and must issue to interested parties a notice of insolvency containing the information described in § 4245.4(b). Once notices of insolvency with respect to a plan have been provided as required, no notices of insolvency need be provided with respect to the plan for any subsequent plan year. A notice of insolvency may be combined with a notice of insolvency benefit level under § 4245.5 for the same plan year.\n(b) When to provide notice. The plan sponsor must provide the notices of insolvency under paragraph (a) of this section at the time described in § 4281.43(b) of this chapter.","path":["Title 29—Labor","Subtitle B—Regulations Relating to Labor","CHAPTER XL—PENSION BENEFIT GUARANTY CORPORATION","SUBCHAPTER J—INSOLVENCY, TERMINATION, AND OTHER RULES APPLICABLE TO MULTIEMPLOYER PLANS","PART 4245—DUTIES OF PLAN SPONSOR OF AN INSOLVENT PLAN"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-29.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:20Z","sha256":"78c6e7ad466c13850f0eedd21accd0174e8c7fbf406b9948a972ef1473b660f5","source_id":"us-cfr","stale":true,"prev":"us/29-cfr-4245.2","next":"us/29-cfr-4245.4"},"notice":"GroundRules: Original legal text. Not legal advice."}