{"data":{"id":"us/29-cfr-4203.5","jurisdiction":"us","citation":"29 CFR 4203.5","heading":"PBGC action on requests.","body":"(a) General. The PBGC shall approve a plan amendment providing for the application of special complete or partial withdrawal liability rules upon a determination by the PBGC that the plan amendment—\n(1) Will apply only to an industry that has characteristics that would make use of the special withdrawal rules appropriate; and\n(2) Will not pose a significant risk to the insurance system.\n(b) Notice of pendency of request. As soon as practicable after receiving a request for approval of a plan amendment containing all the information required under § 4203.4, the PBGC shall publish a notice of the pendency of the request in the Federal Register. The notice shall contain a summary of the request and invite interested persons to submit written comments to the PBGC concerning the request. The notice will normally provide for a comment period of 45 days.\n(c) PBGC decision on request. After the close of the comment period, PBGC shall issue its decision in writing on the request for approval of a plan amendment. Notice of the decision shall be published in the Federal Register.","path":["Title 29—Labor","Subtitle B—Regulations Relating to Labor","CHAPTER XL—PENSION BENEFIT GUARANTY CORPORATION","SUBCHAPTER I—WITHDRAWAL LIABILITY FOR MULTIEMPLOYER PLANS","PART 4203—EXTENSION OF SPECIAL WITHDRAWAL LIABILITY RULES"],"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":"9942cf3184e07ae079f17fbd03da6cb9b8eb8aa4ce533bb3c05451bc820be6ab","source_id":"us-cfr","stale":true,"prev":"us/29-cfr-4203.4","next":"us/29-cfr-4204.1"},"notice":"GroundRules: Original legal text. Not legal advice."}