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SENATE ACTION FORM No. 1192 Subject:Discrimination Complaint Procedures RevisionsReference to Faculty Senate Executive Committee Minutes dated:08/10/2020Senate Action:MOTION: It is moved to approve
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1192 dcp revisions refer to the amendments made to the DCP (Deferred Compensation Plan) filing requirements under specific regulations to ensure compliance with updated tax laws or administrative requirements.
Employers sponsoring a Deferred Compensation Plan that falls under the jurisdiction of the relevant tax authorities are required to file 1192 dcp revisions.
To fill out 1192 dcp revisions, employers need to gather the required financial data, complete the designated form accurately, and provide any additional documentation as specified by the filing authority.
The purpose of 1192 dcp revisions is to ensure that deferred compensation plans comply with regulatory requirements, reflecting any changes in tax laws or internal plan amendments.
The information that must be reported includes details about the plan's participants, contributions, distributions, and any changes made to the plan during the reporting period.
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