We released a good-faith Pension Protection Act of 2006 (PPA) amendment for defined contribution plans on February 18, 2009. The amendment enables an employer to comply in form with various laws including the: (1) Pension Protection Act of 2006 (PPA), except for provisions relating to the establishment of an eligible automatic contribution arrangement (“EACA”) or a qualified automatic contribution arrangement (“QACA”); (2) Heroes Earnings Assistance and Relief Tax Act of 2008 (HEART Act); and (3) Worker, Retiree, and Employer Recovery Act of 2008 (PPA Technical Corrections Act) (other than the waiver of required minimum distributions under Code Section 401(a)(9)).

We will  announce when the amendment to add EACA and QACA provisions as well as the PPA amendment for defined benefit plans are available.

Current Prototype Maintenance Plan (PMP), Relius® Documents ASP and PC system, and Pension Library and ERISA Forms on Disc subscribers will receive the amendment package at no cost. If this applies to you and you have not received the information on obtaining the amendment, please contact our Client Account Services department, 800-326-7235, Option 6.

If you do not currently subscribe to one of these, you may purchase the PPA Defined Contribution Amendment Package via our Web site for $345 by March 31, 2009 or $395 after this date. This will include the EACA/QACA amendment, which will be sent to you once it is available.