# 26 U.S.C. § 6059: Periodic report of actuary

Source: OLRC release point 119-134 <https://uscode.house.gov/us/usc/119-134/t26/s6059>. Cite pinpoints as 26 U.S.C. § 6059(a)(1).

## § 6059(a) General rule

The actuarial report described in subsection (b) shall be filed by the plan administrator (as defined in section 414(g) of each defined benefit plan to which section 412 applies, for the first plan year for which section 412 applies to the plan and for each third plan year thereafter (or more frequently if the Secretary determines that more frequent reports are necessary).

## § 6059(b) Actuarial report

The actuarial report of a plan required by subsection (a) shall be prepared and signed by an enrolled actuary (within the meaning of section 7701(a)(35)) and shall contain—

**§ 6059(b)(1)** a description of the funding method and actuarial assumptions used to determine costs under the plan,

**§ 6059(b)(2)** a certification of the contribution necessary to reduce the minimum required contribution determined under section 430, the accumulated funding deficiency under section 433, or the accumulated funding deficiency determined under section 431, to zero,

**§ 6059(b)(3)** a statement—

**§ 6059(b)(3)(A)** that to the best of his knowledge the report is complete and accurate, and

**§ 6059(b)(3)(B)** that the requirements for reasonable actuarial assumptions under section 430(h)(1), 431(c)(3), or 433(c)(3), whichever are applicable, have been complied with,

**§ 6059(b)(4)** such other information as may be necessary to fully and fairly disclose the actuarial position of the plan, and

**§ 6059(b)(5)** such other information regarding the plan as the Secretary may by regulations require.

## § 6059(c) Time and manner of filing

The actuarial report and statement required by this section shall be filed at the time and in the manner provided by regulations prescribed by the Secretary.

## § 6059(d) Cross reference

For coordination between the Department of the Treasury and the Department of Labor with respect to the report required to be filed under this section, see section 3004 of title III of the Employee Retirement Income Security Act of 1974.

## Regulations

- [Treas. Reg. § 301.6059-1](/26/reg/301.6059-1.md): Periodic report of actuary. (interprets § 6059)
- [Treas. Reg. § 301.6059-2](/26/reg/301.6059-2.md): Required use of electronic form for filing requirements relating to periodic report of actuary. (interprets § 6059)

## Forms named in the regulations

- [Form 5500](https://www.irs.gov/pub/irs-pdf/f5500.pdf)
- [Form W-2](https://www.irs.gov/pub/irs-pdf/fw2.pdf)

## Final rules

- [88 FR 11754](https://www.federalregister.gov/documents/2023/02/23/2023-03710/electronic-filing-requirements-for-specified-returns-and-other-documents) (2023): Electronic-Filing Requirements for Specified Returns and Other Documents
- [79 FR 58256](https://www.federalregister.gov/documents/2014/09/29/2014-23161/employee-retirement-benefit-plan-returns-required-on-magnetic-media) (2014): Employee Retirement Benefit Plan Returns Required on Magnetic Media

## Connections

Cites: § 412 Minimum funding standards; § 430 Minimum funding standards for single-employer defined benefit pension plans; § 431 Minimum funding standards for multiemployer plans; § 433 Minimum funding standards for CSEC plans; § 7701 Definitions

Cited by: § 6692 Failure to file actuarial report

## Amendments

- 1974-09-02: [Pub. L. 93-406](/26/act/93-406.md), 88 Stat. 947
- 1976-10-04: [Pub. L. 94-455](/26/act/94-455.md), 90 Stat. 1834
- 2006-08-17: [Pub. L. 109-280](/26/act/109-280.md), 120 Stat. 855
- 2014-04-07: [Pub. L. 113-97](/26/act/113-97.md), 128 Stat. 1138
- 2018-03-23: [Pub. L. 115-141](/26/act/115-141.md), 132 Stat. 1197