Pilot Questionnaire for Governmental Plans Initiative
(Question 37 continued)
Board Oversight
Other
(please specify below):
38. Is there an individual or entity assigned responsibility for ensuring the Plan’s or System’s compliance with
the provisions of the Internal Revenue Code?
Yes
No
If “Yes,” is that individual/entity responsible for the:
Plan
System
39. The IRS Employee Plans Compliance Resolution System (EPCRS) allows plan sponsors to correct
problems that involve defective plan documents and/or a failure to operate the plan in accordance with its
terms. The system is currently described in Revenue Procedure 2008-50 (enclosed) and two of its three
component programs are voluntary in nature. These voluntary programs are the Self-Correction Program
(SCP) and the Voluntary Compliance Program with Service Approval (VCP).
a. Is the Plan administrator aware of the EPCRS program?
Yes
No
b. Is the Plan administrator aware of the two voluntary compliance programs (SCP and VCP) that can be
used to correct various qualification problems involving the Plan?
Yes
No
c. Would any of the following changes to the voluntary compliance program be helpful (check all that
apply):
Significantly lower penalties for nonsubstantive technical errors
Allow self-correction for certain minor errors
Other
(please specify):
d. If you responded “No,” to a. or b., describe the actions that the Service could take to better inform you
of EPCRS in general as well as the requirements and benefits of the SCP and VCP programs.
14035
Form
(Rev. 02-2009)
Catalog Number 52098A
Page 19
Department of the Treasury - Internal Revenue Service