Given to Mary JEan.

Thanks!

-----Original Message-----
From: SHIVELY, MACK 
Sent: Tuesday, December 04, 2001 10:29 AM
To: csherman@groom.com
Cc: fmackin@aol.com; BARNETT, Arleen; Bell, Joyce
Subject: Re: FW: Reportable event for PGE Pension Plan


It looiks like we have 30 days to get this done.  Joyce, is there someone we should be coordinating with at Enron in case they are filing a consolidated Form 10?

>>> "Sherman, Chuck" <csherman@groom.com> 12/04/01 06:07AM >>>
Mack,

As explained below, Enron's filing is a "reportable event" with respect
to PGE's Pension Plan.  Please give us a call if you would
like to discuss.  Thanks.

Chuck
>  -----Original Message-----
> From:     Gigot, Tom  
> Sent: Tuesday, December 04, 2001 8:54 AM
> To:   Sherman, Chuck
> Subject:  Enron's Bankruptcy
> 
> is a reportable event with respect to each DB plan that is sponsored
> by a member of Enron's controlled group.  29 C.F.R. section 4043.35.
> See also 29 U.S.C. section 1343(c)(10).  The filing obligation with
> respect to each plan is independent of the filing obligation with
> respect to any other plan.  29 C.F.R. section 4043.3(a)(2).  Hence, if
> PG sponsors its own DB plan, a PBGC Form 10 must be filed with respect
> to that plan.  It may be possible, however, to file a consolidated
> Form 10 for all plans affected by the bankruptcy filing.  29 C.F.R.
> section 4043(a)(3).  
> 
> 
> For plans other than Enron's own DB plan, the report is due 30 days
> after the plan administrator knows of the bankruptcy filing.  The PBGC
> Form and instructions are available on PBGC's website.
> http://www.pbgc.gov/plan_admin/REPEVENA.htm 
> 
>