{"data":{"id":"us/29-cfr-4207.2","jurisdiction":"us","citation":"29 CFR 4207.2","heading":"Definitions.","body":"The following terms are defined in § 4001.2 of this chapter: employer, ERISA, IRS, Multiemployer Act, multiemployer plan, nonforfeitable benefit, PBGC, plan, and plan year.\nIn addition, for purposes of this part:\nComplete withdrawal means a complete withdrawal as described in section 4203 of ERISA.\nEligible employer means the employer, as defined in section 4001(b) of ERISA, as it existed on the date of its initial partial or complete withdrawal, as applicable. An eligible employer shall continue to be an eligible employer notwithstanding the occurrence of any of the following events:\n(1) A restoration involving a mere change in identity, form or place of organization, however effected;\n(2) A reorganization involving a liquidation into a parent corporation;\n(3) A merger, consolidation or division solely between (or among) trades or businesses (whether or not incorporated) of the employer; or\n(4) An acquisition by or of, or a merger or combination with another trade or business.\nPartial withdrawal means a partial withdrawal as described in section 4205 of ERISA.\nPeriod of withdrawal means the plan year in which the employer completely withdrew from the plan, the plan year in which the employer reentered the plan and all intervening plan years.\nUnfunded vested benefits means, as described in section 4213(c) of ERISA, the amount by which the value of nonforfeitable benefits under the plan exceeds the value of the assets of the plan.","path":["Title 29—Labor","Subtitle B—Regulations Relating to Labor","CHAPTER XL—PENSION BENEFIT GUARANTY CORPORATION","SUBCHAPTER I—WITHDRAWAL LIABILITY FOR MULTIEMPLOYER PLANS","PART 4207—REDUCTION OR WAIVER OF COMPLETE WITHDRAWAL LIABILITY"],"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":"756a57a026e48e98044723d4f544257c380741f466cf0b6e9656a0d0dbf10d77","source_id":"us-cfr","stale":true,"prev":"us/29-cfr-4207.1","next":"us/29-cfr-4207.3"},"notice":"GroundRules: Original legal text. Not legal advice."}