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Pension Resource

29 C.F.R. § 4233.13

Coordinated application process for partition and benefit suspension.
CFR 2015 annual edition (revised as of 2015-07-01) · superseded Jul 1, 2016
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(a) Interagency coordination. For a plan sponsor that has requested a conditional approval of a partition pursuant to § 4233.12(c), PBGC may render either a conditional approval or a final denial of the application on an expedited basis, provided that the plan sponsor has submitted a completed application to PBGC as prescribed by § 4233.10. PBGC will consult with Treasury and the Department of Labor in the course of reviewing an application for partition.
(1) If PBGC denies the application for partition, it will notify the plan sponsor in writing of PBGC's decision in accordance with § 4233.12(b), and will notify Treasury to allow it to take appropriate action on the benefit suspension application.
(2) If PBGC grants a conditional approval of partition, it will notify the plan sponsor in writing of PBGC's decision in accordance with § 4233.12(c), and will provide Treasury with a copy of PBGC's decision along with PBGC's record of the decision.
(3) If Treasury does not issue the final authorization to suspend, PBGC's preliminary and conditional approval under § 4233.12(c) will be null and void.
(4) If Treasury issues a final authorization to suspend, PBGC will issue a final partition order under § 4233.14 and section 4233(c) of ERISA.
(b) Combined notice. A plan sponsor submitting an application for benefit suspensions under section 305(e)(9) of ERISA with Treasury, and a partition under section 4233 of ERISA with PBGC, may combine the PBGC model notice for coordinated applications provided at Appendix A with the Treasury model notice in Appendix A of Rev. Proc. 2015-34 in satisfaction of the notice requirement of this part.
29 C.F.R. § 4233.13 — Coordinated application process for partition and benefit suspension. · CFR 2015 annual edition (revised as of 2015-07-01) · https://pensionresource.website/EAMain?content=EAMain.Law&id=cfr29-4233.13&asof=2015-01-05 · printed Oct 16, 2026
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  • (a) Interagency coordination.
  • (b) Combined notice.
Implements
ERISA § 4233 (29 U.S.C. § 1413) Partitions of eligible multiemployer plans
Cited by (code & regs)
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Also cited in 2 other documents
PBGC
Final Rules
  • 80 FR 79687 Dec 23, 2015 — Partitions of Eligible Multiemployer Plans
  • 80 FR 35220 Jun 19, 2015 — Partitions of Eligible Multiemployer Plans (a)(b)

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Each row is a version of the text as published by the official source. Code dates are the edition/release point that first reflected the change; regulation dates are eCFR effective dates. The library checks the official sources automatically, so new versions appear here on their own; “run” opens the sync that recorded a version.

EffectiveThroughSourceAmended by
Jul 1, 2015Jun 30, 2016CFR 2015 annual edition (revised as of 2015-07-01) run 127View
Jul 1, 2016currenteCFR amendment effective 2017-01-01 run 280 FR 79695, Dec. 23, 2015View · Redline (sign in)
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