Plan notification to corporation of potentially significant withdrawals

  1. Law
  2. USC 29
  3. Labor
  4. EMPLOYEE RETIREMENT INCOME SECURITY PROGRAM
  5. PLAN TERMINATION INSURANCE
  6. employer withdrawals
  7. Plan notification to corporation of potentially significant withdrawals

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§1395. Plan notification to corporation of potentially significant withdrawals

The corporation may, by regulation, require the plan sponsor of a multiemployer plan to provide notice to the corporation when the withdrawal from the plan by any employer has resulted, or will result, in a significant reduction in the amount of aggregate contributions under the plan made by employers.

(Pub. L. 93–406, title IV, §4215, as added Pub. L. 96–364, title I, §104(2), Sept. 26, 1980, 94 Stat. 1234 .)


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