{"data":{"id":"us/29-cfr-4006.2","jurisdiction":"us","citation":"29 CFR 4006.2","heading":"Definitions.","body":"The following terms are defined in § 4001.2 of this chapter: benefit liabilities, Code, contributing sponsor, ERISA, fair market value, insurer, irrevocable commitment, mandatory employee contributions, multiemployer plan, notice of intent to terminate, PBGC, plan administrator, plan, plan year, single-employer plan, and termination date.\nIn addition, for purposes of this part:\nContinuation plan means a new plan resulting from a consolidation or spinoff that is not de minimis pursuant to the regulations under section 414(l) of the Code.\nCSEC plan means a plan as defined in section 210(f)(1) of ERISA.\nNew plan means a plan with an effective date during the premium payment year and includes a plan resulting from a consolidation or spinoff. A plan that meets this definition is considered to be a new plan even if the plan constitutes a successor plan within the meaning of section 4021(a) of ERISA.\nNewly covered plan means a plan that becomes covered by title IV of ERISA during the premium payment year and that existed as an uncovered plan immediately before the first date in the premium payment year on which it was a covered plan.\nParticipant has the meaning described in § 4006.6.\nParticipant count of a plan means the number of participants in the plan on the participant count date of the plan.\nParticipant count date of a plan means the date provided for in § 4006.5(c), (d), or (e) as applicable.\nPremium funding target has the meaning described in § 4006.4(b)(1).\nPremium payment year means the plan year for which the premium is being paid.\nShort plan year means a plan year of coverage that is shorter than a normal plan year.\nSmall plan means a plan—\n(1) Whose participant count is not more than 100, or\n(2) Whose funding valuation date for the premium payment year, determined in accordance with ERISA section 303(g)(2), is not the first day of the premium payment year.\nUVB valuation date of a plan means the plan's funding valuation date for the UVB valuation year, determined for a plan other than a CSEC plan in accordance with ERISA section 303(g)(2) and for a CSEC plan in accordance with ERISA section 306(c)(8)(B)(i) without regard to section 306(c)(8)(B)(ii).\nUVB valuation year of a plan means—\n(1) In general,—\n(i) The plan year preceding the premium payment year, if the plan is a small plan other than a continuation plan, or\n(ii) The premium payment year, in any other case; or\n(2) For a small plan that so opts subject to PBGC premium instructions, the premium payment year.","path":["Title 29—Labor","Subtitle B—Regulations Relating to Labor","CHAPTER XL—PENSION BENEFIT GUARANTY CORPORATION","SUBCHAPTER B—PREMIUMS","PART 4006—PREMIUM RATES"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-29.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:25:20Z","sha256":"516b5701a9f609b307bf484081b60bf66b5e40f6c0115a996c9f566dadcdad6e","source_id":"us-cfr","stale":true,"prev":"us/29-cfr-4006.1","next":"us/29-cfr-4006.3"},"notice":"GroundRules: Original legal text. Not legal advice."}