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Federal regulations · Through 2026-08-25 · Newer source version available

29 CFR 4041A.41: A.41 General rule.

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Where this section sits in the code
  1. Title 29—Labor
  2. Subtitle B—Regulations Relating to Labor
  3. CHAPTER XL—PENSION BENEFIT GUARANTY CORPORATION
  4. SUBCHAPTER E—PLAN TERMINATIONS
  5. PART 4041A—TERMINATION OF MULTIEMPLOYER PLANS
  6. Subpart D—Closeout of Sufficient Plans

If a plan's assets, excluding any claim of the plan for unpaid withdrawal liability, are sufficient to satisfy all obligations for nonforfeitable benefits provided under the plan, the plan sponsor may close out the plan in accordance with this subpart by distributing plan assets in full satisfaction of all nonforfeitable benefits under the plan.

Collected 2026-08-27T02:25:20Z. Source file · JSON

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