GroundRules
29 CFR 4206.10: Special rule for 70-percent decline partial withdrawals.
Where this section sits in the code
- Title 29—Labor
- Subtitle B—Regulations Relating to Labor
- CHAPTER XL—PENSION BENEFIT GUARANTY CORPORATION
- SUBCHAPTER I—WITHDRAWAL LIABILITY FOR MULTIEMPLOYER PLANS
- PART 4206—ADJUSTMENT OF LIABILITY FOR A WITHDRAWAL SUBSEQUENT TO A PARTIAL WITHDRAWAL
For the purposes of applying the rules in §§ 4206.4 through 4206.9 in any case in which either the prior or subsequent partial withdrawal resulted from a 70-percent contribution decline (or a 35-percent decline in the case of certain retail food industry plans), the first year of the 3-year testing period shall be deemed to be the plan year in which the partial withdrawal occurred.
Collected 2026-08-27T02:25:20Z. Source file · JSON