# 29 C.F.R. § 4007.7 (2026): Late payment interest charges

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T29_P4007_S4007_7

## Section

- **Citation:** 29 C.F.R. § 4007.7 (2026)
- **Heading:** Late payment interest charges
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 29 CFR: Labor / Chapter XL: PENSION BENEFIT GUARANTY CORPORATION / Part 4007: PAYMENT OF PREMIUMS / § 4007.7: § 4007.7   Late payment interest charges.

## Text

(a) If any premium payment due under this part is not paid by the due date prescribed for such payment by this part, an interest charge will accrue on the unpaid amount at the rate imposed under section 6601(a) of the Code for the period from the date payment is due to the date payment is made. Late payment interest charges are compounded daily.
(b) With respect to any PBGC bill for a premium underpayment and/or interest thereon, interest will accrue only until the date of the bill if the premium underpayment and interest billed are paid within 30 days after the date of the bill.
[61 FR 34020, July 1, 1996, as amended at 72 FR 71229, Dec. 17, 2007; 73 FR 15076, Mar. 21, 2008]

## Nearby sections

- [29 C.F.R. § 4007.1 (2026) § 4007.1   Purpose and scope.](https://www.frixlaw.com/law-library/statutes/CFR_T29_P4007_S4007_1.md)
- [29 C.F.R. § 4007.2 (2026) § 4007.2   Definitions.](https://www.frixlaw.com/law-library/statutes/CFR_T29_P4007_S4007_2.md)
- [29 C.F.R. § 4007.3 (2026) § 4007.3   Filing requirement; method of filing.](https://www.frixlaw.com/law-library/statutes/CFR_T29_P4007_S4007_3.md)
- [29 C.F.R. § 4007.4 (2026) § 4007.4   Where to file.](https://www.frixlaw.com/law-library/statutes/CFR_T29_P4007_S4007_4.md)
- [29 C.F.R. § 4007.5 (2026) § 4007.5   Date of filing.](https://www.frixlaw.com/law-library/statutes/CFR_T29_P4007_S4007_5.md)
- [29 C.F.R. § 4007.6 (2026) § 4007.6   Computation of time.](https://www.frixlaw.com/law-library/statutes/CFR_T29_P4007_S4007_6.md)
- [29 C.F.R. § 4007.7 (2026) § 4007.7   Late payment interest charges.](https://www.frixlaw.com/law-library/statutes/CFR_T29_P4007_S4007_7.md)
- [29 C.F.R. § 4007.8 (2026) § 4007.8   Late payment penalty charges.](https://www.frixlaw.com/law-library/statutes/CFR_T29_P4007_S4007_8.md)
- [29 C.F.R. § 4007.9 (2026) § 4007.9   Coverage for guaranteed basic benefits.](https://www.frixlaw.com/law-library/statutes/CFR_T29_P4007_S4007_9.md)
- [29 C.F.R. § 4007.10 (2026) § 4007.10   Recordkeeping; audits; disclosure of information.](https://www.frixlaw.com/law-library/statutes/CFR_T29_P4007_S4007_10.md)
- [29 C.F.R. § 4007.11 (2026) § 4007.11   Due dates.](https://www.frixlaw.com/law-library/statutes/CFR_T29_P4007_S4007_11.md)
- [29 C.F.R. § 4007.12 (2026) § 4007.12   Liability for single-employer premiums.](https://www.frixlaw.com/law-library/statutes/CFR_T29_P4007_S4007_12.md)
- [29 C.F.R. § 4007.13 (2026) § 4007.13   Premiums for certain terminated single-employer plans.](https://www.frixlaw.com/law-library/statutes/CFR_T29_P4007_S4007_13.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T29_P4007_S4007_7. Check the current official text before relying on it. Not legal advice.