2019-00491: Methods for Computing Withdrawal Liability, Multiemployer Pension Reform Act of 2014
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The Pension Benefit Guaranty Corporation proposes to amend its regulations on Allocating Unfunded Vested Benefits to Withdrawing Employers and Notice, Collection, and Redetermination of Withdrawal Liability. The proposed amendments would implement statutory provisions affecting the determination of a withdrawing employer's liability under a multiemployer plan and annual withdrawal liability payment amount when the plan has had benefit reductions, benefit suspensions, surcharges, or contribution increases that must be disregarded. The proposed amendments would also provide simplified withdrawal liability calculation methods.
The agency’s own summary, as published.
What this changes
Amends 6 parts of the Code of Federal Regulations — the standing rules this notice rewrites.
- 29 CFR 4001 Terminology
- 29 CFR 4204 Variances for Sale of Assets
- 29 CFR 4206 Adjustment of Liability for a Withdrawal Subsequent to a Partial Withdrawal
- 29 CFR 4207 Reduction or Waiver of Complete Withdrawal Liability
- 29 CFR 4211 Allocating Unfunded Vested Benefits to Withdrawing Employers
- 29 CFR 4219 Notice, Collection, and Redetermination of Withdrawal Liability
Rulemaking docket
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