{"data":{"id":"us/29-u.s.c.-1397","jurisdiction":"us","citation":"29 U.S.C. § 1397","heading":"Application of part in case of certain pre-1980 withdrawals; adjustment of covered plan","body":"(a) For the purpose of determining the amount of unfunded vested benefits allocable to an employer for a partial or complete withdrawal from a plan which occurs after September 25, 1980, and for the purpose of determining whether there has been a partial withdrawal after such date, the amount of contributions, and the number of contribution base units, of such employer properly allocable—(1) to work performed under a collective bargaining agreement for which there was a permanent cessation of the obligation to contribute before September 26, 1980, or (2) to work performed at a facility at which all covered operations permanently ceased before September 26, 1980, or for which there was a permanent cessation of the obligation to contribute before that date, shall not be taken into account. (b) A plan may, in a manner not inconsistent with regulations, which shall be prescribed by the corporation, adjust the amount of unfunded vested benefits allocable to other employers under a plan maintained by an employer described in subsection (a).","path":["Title 29—LABOR","CHAPTER 18—EMPLOYEE RETIREMENT INCOME SECURITY PROGRAM"],"source_url":"https://uscode.house.gov/download/releasepoints/us/pl/119/103/xml_usc29@119-103.zip","current_through":"Public Law 119-103 (09/02/2026)","vintage":"","retrieved_at":"2026-09-10T05:58:41Z","sha256":"10ab75412b9dff2bf0ab3b54e0010cb7638931ea235ce0f4d1bb90cbebbb75b9","source_id":"us","stale":true,"prev":"us/29-u.s.c.-1396","next":"us/29-u.s.c.-1398"},"notice":"GroundRules: Original legal text. Not legal advice."}