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Archived News Release--Caution:
information may be out of date.
For more information call: (202) 219-8921
The public will have quicker access to pension and welfare
benefit information under a new system that goes into effect today at the U.S.
Labor Department's Pension and Welfare Benefits Administration (PWBA).
The new system promises speedier delivery of lengthy
annual reports. The reports contain accountant statements that are required to
be filed with the Internal Revenue Service and PWBA. The public can view more
readable full-page copies of reports on new computers in PWBA's public
disclosure room, N5638, at the department's national headquarters, 200
Constitution Avenue, N.W. The computers feature high resolution, 21-inch color
monitors and Pentium processors. Printouts of these annual reports will be
available for a small fee.
The need to improve the delivery system for the Form 5500
annual reports with attachments was necessary because the agency has found that
the newly-installed optical imaging and retrieval system will enable PWBA to
provide better and more cost-efficient services than the current microfiche
operations.
The change does not involve Form 5500-C and -R annual
reports, normally filed by plans with 100 or fewer participants, or Form 5500
annual reports filed without attachments. These reports will continue to be
available via electronic facsimile.
Form 5500s with attachments are expected to be accessible
through the new system. Until then, only facsimile copies of the data entered
on the form (without attachments) will be available as these forms are filed.
Copies are available through the PWBA Public Disclosure Facility, Room N5638,
Frances Perkins Building at 200 Constitution Avenue, NW, Washington, DC. 20210.
Archived News Release--Caution:
information may be out of date.
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