July 16, 2021 IRS adds two benefit-overpayment correction methods to EPCRS In Revenue Procedure 2021-30, the IRS modifies the Employee Plans Compliance Resolution System (EPCRS) by adding two new benefit-overpayment correction methods that will effectively discourage employers from seeking to recoup benefit overpayments made to participants and beneficiaries by either (1) not requiring correction if the plan satisfies a certain funding level or (2) limiting the amount to be recouped under certain circumstances. | ||||