{"data":{"id":"us/29-cfr-4041.50","jurisdiction":"us","citation":"29 CFR 4041.50","heading":"Closeout of plan.","body":"If a plan administrator receives a distribution notice from the PBGC pursuant to § 4041.47 and neither the plan administrator nor the PBGC makes the finding described in § 4041.49(b) or (d), the plan administrator must distribute plan assets in accordance with § 4041.28 and file a post-distribution certification in accordance with § 4041.29, except that—\n(a) The term “plan benefits” is replaced with “title IV benefits”;\n(b) For purposes of applying the distribution deadline in § 4041.28(a)(1)(i), the phrase “after the expiration of the PBGC's 60-day (or extended) review period under § 4041.26(a)” is replaced with “the day on which the plan administrator completes the issuance of the notices of benefit distribution pursuant to § 4041.48(a)”; and\n(c) For purposes of applying the distribution deadline in § 4041.28(a)(1)(ii), the phrase “the requirements of § 4041.25(c)” is replaced with “the requirements of § 4041.48(d)”.","path":["Title 29—Labor","Subtitle B—Regulations Relating to Labor","CHAPTER XL—PENSION BENEFIT GUARANTY CORPORATION","SUBCHAPTER E—PLAN TERMINATIONS","PART 4041—TERMINATION OF SINGLE-EMPLOYER PLANS","Subpart C—Distress Termination Process"],"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":"fcc39dbdea0f4e6fc23ecca8d46d16648d74effabd08694820842f0051603404","source_id":"us-cfr","stale":true,"prev":"us/29-cfr-4041.49","next":"us/29-cfr-4041.51"},"notice":"GroundRules: Original legal text. Not legal advice."}