I.R.C. § 412

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Minimum funding standards

USC 2024 ed., current through 2025-01-06 · current · last amended by Pub. L. 115-141

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(a) Requirement to meet minimum funding standard

(1) In general A plan to which this section applies shall satisfy the minimum funding standard applicable to the plan for any plan year.

(2) Minimum funding standard For purposes of paragraph (1), a plan shall be treated as satisfying the minimum funding standard for a plan year if—

(A) in the case of a defined benefit plan which is not a multiemployer plan or a CSEC plan, the employer makes contributions to or under the plan for the plan year which, in the aggregate, are not less than the minimum required contribution determined under section 430 for the plan for the plan year,

(B) in the case of a money purchase plan which is not a multiemployer plan, the employer makes contributions to or under the plan for the plan year which are required under the terms of the plan,

(C) in the case of a multiemployer plan, the employers make contributions to or under the plan for any plan year which, in the aggregate, are sufficient to ensure that the plan does not have an accumulated funding deficiency under section 431 as of the end of the plan year, and

(D) in the case of a CSEC plan, the employers make contributions to or under the plan for any plan year which, in the aggregate, are sufficient to ensure that the plan does not have an accumulated funding deficiency under section 433 as of the end of the plan year.

(b) Liability for contributions

(1) In general Except as provided in paragraph (2), the amount of any contribution required by this section (including any required installments under paragraphs (3) and (4) of section 430(j) or under section 433(f)) shall be paid by the employer responsible for making contributions to or under the plan.

(2) Joint and several liability where employer member of controlled group If the employer referred to in paragraph (1) is a member of a controlled group, each member of such group shall be jointly and severally liable for payment of such contributions.

(3) Multiemployer plans in critical status Paragraph (1) shall not apply in the case of a multiemployer plan for any plan year in which the plan is in critical status pursuant to section 432. This paragraph shall only apply if the plan sponsor adopts a rehabilitation plan in accordance with section 432(e) and complies with such rehabilitation plan (and any modifications of the plan).

(1) Waiver in case of business hardship

(A) In general If—

(i) an employer is (or in the case of a multiemployer plan or a CSEC plan, 10 percent or more of the number of employers contributing to or under the plan are) unable to satisfy the minimum funding standard for a plan year without temporary substantial business hardship (substantial business hardship in the case of a multiemployer plan), and

(ii) application of the standard would be adverse to the interests of plan participants in the aggregate,

the Secretary may, subject to subparagraph (C), waive the requirements of subsection (a) for such year with respect to all or any portion of the minimum funding standard. The Secretary shall not waive the minimum funding standard with respect to a plan for more than 3 of any 15 (5 of any 15 in the case of a multiemployer plan) consecutive plan years.

(B) Effects of waiver If a waiver is granted under subparagraph (A) for any plan year—

(i) in the case of a defined benefit plan which is not a multiemployer plan or a CSEC plan, the minimum required contribution under section 430 for the plan year shall be reduced by the amount of the waived funding deficiency and such amount shall be amortized as required under section 430(e),

(ii) in the case of a multiemployer plan, the funding standard account shall be credited under section 431(b)(3)(C) with the amount of the waived funding deficiency and such amount shall be amortized as required under section 431(b)(2)(C), and

(iii) in the case of a CSEC plan, the funding standard account shall be credited under section 433(b)(3)(C) with the amount of the waived funding deficiency and such amount shall be amortized as required under section 433(b)(2)(C).

(C) Waiver of amortized portion not allowed The Secretary may not waive under subparagraph (A) any portion of the minimum funding standard under subsection (a) for a plan year which is attributable to any waived funding deficiency for any preceding plan year.

(2) Determination of business hardship For purposes of this subsection, the factors taken into account in determining temporary substantial business hardship (substantial business hardship in the case of a multiemployer plan) shall include (but shall not be limited to) whether or not—

(A) the employer is operating at an economic loss,

(B) there is substantial unemployment or underemployment in the trade or business and in the industry concerned,

(D) it is reasonable to expect that the plan will be continued only if the waiver is granted.

(3) Waived funding deficiency For purposes of this section and part III of this subchapter, the term "waived funding deficiency" means the portion of the minimum funding standard under subsection (a) (determined without regard to the waiver) for a plan year waived by the Secretary and not satisfied by employer contributions.

(4) Security for waivers for single-employer plans, consultations

(A) Security may be required

(i) In general Except as provided in subparagraph (C), the Secretary may require an employer maintaining a defined benefit plan which is a single-employer plan (within the meaning of section 4001(a)(15) of the Employee Retirement Income Security Act of 1974) to provide security to such plan as a condition for granting or modifying a waiver under paragraph (1) or for granting an extension under section 433(d).

(ii) Special rules Any security provided under clause (i) may be perfected and enforced only by the Pension Benefit Guaranty Corporation, or at the direction of the Corporation, by a contributing sponsor (within the meaning of section 4001(a)(13) of the Employee Retirement Income Security Act of 1974), or a member of such sponsor's controlled group (within the meaning of section 4001(a)(14) of such Act).

(B) Consultation with the Pension Benefit Guaranty Corporation Except as provided in subparagraph (C), the Secretary shall, before granting or modifying a waiver under this subsection or an extension under section 433(d) with respect to a plan described in subparagraph (A)(i)—

(i) provide the Pension Benefit Guaranty Corporation with—

(I) notice of the completed application for any waiver, modification, or extension, and

(II) an opportunity to comment on such application within 30 days after receipt of such notice, and

(ii) consider—

(I) any comments of the Corporation under clause (i)(II), and

(II) any views of any employee organization (within the meaning of section 3(4) of the Employee Retirement Income Security Act of 1974) representing participants in the plan which are submitted in writing to the Secretary in connection with such application.

Information provided to the Corporation under this subparagraph shall be considered tax return information and subject to the safeguarding and reporting requirements of section 6103(p).

(i) In general The preceding provisions of this paragraph shall not apply to any plan with respect to which the sum of—

(I) the aggregate unpaid minimum required contributions (within the meaning of section 4971(c)(4)) for the plan year and all preceding plan years, or the accumulated funding deficiency under section 433, whichever is applicable,

(II) the present value of all waiver amortization installments determined for the plan year and succeeding plan years under section 430(e)(2) or 433(b)(2)(C), whichever is applicable, and

(III) the total amounts not paid by reason of an extension in effect under section 433(d),

is less than $1,000,000.

(ii) Treatment of waivers or extensions for which applications are pending The amount described in clause (i)(I) shall include any increase in such amount which would result if all applications for waivers or extensions with respect to the minimum funding standard under this subsection which are pending with respect to such plan were denied.

(5) Special rules for single-employer plans

(A) Application must be submitted before date 2½ months after close of year In the case of a defined benefit plan which is not a multiemployer plan, no waiver may be granted under this subsection with respect to any plan for any plan year unless an application therefor is submitted to the Secretary not later than the 15th day of the 3rd month beginning after the close of such plan year.

(B) Special rule if employer is member of controlled group In the case of a defined benefit plan which is not a multiemployer plan, if an employer is a member of a controlled group, the temporary substantial business hardship requirements of paragraph (1) shall be treated as met only if such requirements are met—

(i) with respect to such employer, and

(ii) with respect to the controlled group of which such employer is a member (determined by treating all members of such group as a single employer).

The Secretary may provide that an analysis of a trade or business or industry of a member need not be conducted if the Secretary determines such analysis is not necessary because the taking into account of such member would not significantly affect the determination under this paragraph.

(6) Advance notice

(A) In general The Secretary shall, before granting a waiver under this subsection, require each applicant to provide evidence satisfactory to the Secretary that the applicant has provided notice of the filing of the application for such waiver to each affected party (as defined in section 4001(a)(21) of the Employee Retirement Income Security Act of 1974). Such notice shall include a description of the extent to which the plan is funded for benefits which are guaranteed under title IV of the Employee Retirement Income Security Act of 1974 and for benefit liabilities.

(B) Consideration of relevant information The Secretary shall consider any relevant information provided by a person to whom notice was given under subparagraph (A).

(7) Restriction on plan amendments

(A) In general No amendment of a plan which increases the liabilities of the plan by reason of any increase in benefits, any change in the accrual of benefits, or any change in the rate at which benefits become nonforfeitable under the plan shall be adopted if a waiver under this subsection or an extension of time under section 431(d) or section 433(d) is in effect with respect to the plan, or if a plan amendment described in subsection (d)(2) which reduces the accrued benefit of any participant has been made at any time in the preceding 12 months (24 months in the case of a multiemployer plan). If a plan is amended in violation of the preceding sentence, any such waiver, or extension of time, shall not apply to any plan year ending on or after the date on which such amendment is adopted.

(B) Exception Subparagraph (A) shall not apply to any plan amendment which—

(i) the Secretary determines to be reasonable and which provides for only de minimis increases in the liabilities of the plan,

(ii) only repeals an amendment described in subsection (d)(2), or

(iii) is required as a condition of qualification under part I of subchapter D of chapter 1.

(d) Miscellaneous rules

(1) Change in method or year If the funding method or a plan year for a plan is changed, the change shall take effect only if approved by the Secretary.

(2) Certain retroactive plan amendments For purposes of this section, any amendment applying to a plan year which—

(A) is adopted after the close of such plan year but no later than 2½ months after the close of the plan year (or, in the case of a multiemployer plan, no later than 2 years after the close of such plan year),

(B) does not reduce the accrued benefit of any participant determined as of the beginning of the first plan year to which the amendment applies, and

(C) does not reduce the accrued benefit of any participant determined as of the time of adoption except to the extent required by the circumstances,

shall, at the election of the plan administrator, be deemed to have been made on the first day of such plan year. No amendment described in this paragraph which reduces the accrued benefits of any participant shall take effect unless the plan administrator files a notice with the Secretary notifying him of such amendment and the Secretary has approved such amendment, or within 90 days after the date on which such notice was filed, failed to disapprove such amendment. No amendment described in this subsection shall be approved by the Secretary unless the Secretary determines that such amendment is necessary because of a temporary substantial business hardship (as determined under subsection (c)(2)) or a substantial business hardship (as so determined) in the case of a multiemployer plan and that a waiver under subsection (c) (or, in the case of a multiemployer plan or a CSEC plan, any extension of the amortization period under section 431(d) or section 433(d)) is unavailable or inadequate.

(3) Controlled group For purposes of this section, the term "controlled group" means any group treated as a single employer under subsection (b), (c), (m), or (o) of section 414.

(e) Plans to which section applies

(1) In general Except as provided in paragraphs (2) and (4), this section applies to a plan if, for any plan year beginning on or after the effective date of this section for such plan under the Employee Retirement Income Security Act of 1974—

(A) such plan included a trust which qualified (or was determined by the Secretary to have qualified) under section 401(a), or

(B) such plan satisfied (or was determined by the Secretary to have satisfied) the requirements of section 403(a).

(2) Exceptions This section shall not apply to—

(A) any profit-sharing or stock bonus plan,

(B) any insurance contract plan described in paragraph (3),

(D) any church plan (within the meaning of section 414(e)) with respect to which the election provided by section 410(d) has not been made,

(E) any plan which has not, at any time after September 2, 1974, provided for employer contributions, or

(F) any plan established and maintained by a society, order, or association described in section 501(c)(8) or (9), if no part of the contributions to or under such plan are made by employers of participants in such plan.

No plan described in subparagraph (C), (D), or (F) shall be treated as a qualified plan for purposes of section 401(a) unless such plan meets the requirements of section 401(a)(7) as in effect on September 1, 1974.

(3) Certain insurance contract plans A plan is described in this paragraph if—

(A) the plan is funded exclusively by the purchase of individual insurance contracts,

(B) such contracts provide for level annual premium payments to be paid extending not later than the retirement age for each individual participating in the plan, and commencing with the date the individual became a participant in the plan (or, in the case of an increase in benefits, commencing at the time such increase becomes effective),

(C) benefits provided by the plan are equal to the benefits provided under each contract at normal retirement age under the plan and are guaranteed by an insurance carrier (licensed under the laws of a State to do business with the plan) to the extent premiums have been paid,

(D) premiums payable for the plan year, and all prior plan years, under such contracts have been paid before lapse or there is reinstatement of the policy,

(E) no rights under such contracts have been subject to a security interest at any time during the plan year, and

(F) no policy loans are outstanding at any time during the plan year.

A plan funded exclusively by the purchase of group insurance contracts which is determined under regulations prescribed by the Secretary to have the same characteristics as contracts described in the preceding sentence shall be treated as a plan described in this paragraph.

(4) Certain terminated multiemployer plans This section applies with respect to a terminated multiemployer plan to which section 4021 of the Employee Retirement Income Security Act of 1974 applies until the last day of the plan year in which the plan terminates (within the meaning of section 4041A(a)(2) of such Act).

Source credit, amendments & notes

(Added Pub. L. 93–406, title II, §1013(a), Sept. 2, 1974, 88 Stat. 914; amended Pub. L. 94–455, title XIX, §§1901(a)(63), 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1775, 1834; Pub. L. 96–364, title II, §§203, 208(c), Sept. 26, 1980, 94 Stat. 1285, 1289; Pub. L. 98–369, div. A, title IV, §491(d)(25), July 18, 1984, 98 Stat. 850; Pub. L. 99–272, title XI, §§11015(a)(2), (b)(2), 11016(c)(4), Apr. 7, 1986, 100 Stat. 265, 267, 273; Pub. L. 100–203, title IX, §§9301(a), 9303(a), (d)(1), 9304(a)(1), (b)(1), (e)(1), 9305(b)(1), 9306(a)(1), (b)(1), (c)(1), (d)(1), (e)(1), 9307(a)(1), (b)(1), (e)(1), Dec. 22, 1987, 101 Stat. 1330–331, 1330–333, 1330–342 to 1330–344, 1330–348, 1330–351, 1330–352, 1330–354 to 1330–357; Pub. L. 100–647, title II, §2005(a)(2)(A), (d)(1), Nov. 10, 1988, 102 Stat. 3610, 3612; Pub. L. 101–239, title VII, §7881(a)(1)(A), (2)(A), (3)(A), (4)(A), (5)(A), (6)(A), (b)(1)(A), (2)(A), (3)(A), (4)(A), (6)(A), (c)(1), (d)(1)(A), Dec. 19, 1989, 103 Stat. 2435–2439; Pub. L. 103–465, title VII, §§751(a)(1)–(9)(A), (10), 752(a), 753(a), 754(a), 768(a), Dec. 8, 1994, 108 Stat. 5012–5019, 5021–5023, 5040; Pub. L. 105–34, title XV, §1521(a), (c)(1), (3)(A), title XVI, §1604(b)(2)(A), Aug. 5, 1997, 111 Stat. 1069, 1070, 1097; Pub. L. 107–16, title VI, §§651(a), 661(a), June 7, 2001, 115 Stat. 129, 141; Pub. L. 107–147, title IV, §§405(a), 411(v)(1), Mar. 9, 2002, 116 Stat. 42, 52; Pub. L. 108–218, title I, §§101(b)(1)–(3), 102(b), 104(b), Apr. 10, 2004, 118 Stat. 597, 598, 601, 606; Pub. L. 109–135, title IV, §412(x)(1), Dec. 21, 2005, 119 Stat. 2638; Pub. L. 109–280, title I, §111(a), title II, §212(c), title III, §301(b), Aug. 17, 2006, 120 Stat. 820, 917, 919; Pub. L. 110–458, title I, §§101(a)(2), 102(b)(2)(H), Dec. 23, 2008, 122 Stat. 5093, 5103; Pub. L. 113–97, title II, §202(c)(1), (2), Apr. 7, 2014, 128 Stat. 1135; Pub. L. 115–141, div. U, title IV, §401(a)(83)–(85), Mar. 23, 2018, 132 Stat. 1188.)

Editorial Notes

References in Text

The Employee Retirement Income Security Act of 1974, referred to in subsecs. (c)(4)(A), (B)(ii)(II), (6)(A) and (e)(1), (4), is Pub. L. 93–406, Sept. 2, 1974, 88 Stat. 829, which is classified principally to chapter 18 (§1001 et seq.) of Title 29, Labor. Title IV of the Act is classified generally to subchapter III (§1301 et seq.) of chapter 18 of Title 29. Sections 3, 4001, 4021, and 4041A of the Act are classified to sections 1002, 1301, 1321, and 1341a of Title 29, respectively. For complete classification of this Act to the Code, see Short Title note set out under section 1001 of Title 29 and Tables.

The effective date of this section, referred to in subsec. (e)(1), probably means the effective date of Pub. L. 109–280, §111(a), which amended this section. See Effective Date of 2006 Amendment note below.

Amendments

2018—Subsec. (c)(1)(A). Pub. L. 115–141, §401(a)(83), inserted period at end of concluding provisions.

Subsec. (c)(4)(B). Pub. L. 115–141, §401(a)(84), inserted "section" before "433(d)" in introductory provisions.

Subsec. (c)(7)(B)(iii). Pub. L. 115–141, §401(a)(85), struck out comma after "subchapter D".

2014—Subsec. (a)(2)(A). Pub. L. 113–97, §202(c)(2)(A), substituted "multiemployer plan or a CSEC plan" for "multiemployer plan".

Subsec. (a)(2)(D). Pub. L. 113–97, §202(c)(1), added subpar. (D).

Subsec. (b)(1). Pub. L. 113–97, §202(c)(2)(B), substituted "430(j) or under section 433(f)" for "430(j)".

Subsec. (c)(1)(A)(i). Pub. L. 113–97, §202(c)(2)(A), substituted "multiemployer plan or a CSEC plan, 10 percent" for "multiemployer plan, 10 percent".

Subsec. (c)(1)(B)(i). Pub. L. 113–97, §202(c)(2)(A), substituted "multiemployer plan or a CSEC plan" for "multiemployer plan".

Subsec. (c)(1)(B)(iii). Pub. L. 113–97, §202(c)(2)(C), added cl. (iii).

Subsec. (c)(4)(A)(i). Pub. L. 113–97, §202(c)(2)(D), substituted "under paragraph (1) or for granting an extension under section 433(d)" for "under paragraph (1)".

Subsec. (c)(4)(B). Pub. L. 113–97, §202(c)(2)(E), substituted "waiver under this subsection or an extension under 433(d)" for "waiver under this subsection" in introductory provisions.

Subsec. (c)(4)(B)(i)(I). Pub. L. 113–97, §202(c)(2)(F), substituted "waiver, modification, or extension" for "waiver or modification".

Subsec. (c)(4)(C). Pub. L. 113–97, §202(c)(2)(G), substituted "waivers or extensions" for "waivers" in heading.

Subsec. (c)(4)(C)(i)(I). Pub. L. 113–97, §202(c)(2)(I), substituted "or the accumulated funding deficiency under section 433, whichever is applicable," for "and" at end.

Subsec. (c)(4)(C)(i)(II). Pub. L. 113–97, §202(c)(2)(J), substituted "430(e)(2) or 433(b)(2)(C), whichever is applicable, and" for "430(e)(2),".

Subsec. (c)(4)(C)(i)(III). Pub. L. 113–97, §202(c)(2)(K), added subcl. (III).

Subsec. (c)(4)(C)(ii). Pub. L. 113–97, §202(c)(2)(L), substituted "for waivers or extensions with respect to" for "for waivers of".

Pub. L. 113–97, §202(c)(2)(G), substituted "waivers or extensions" for "waivers" in heading.

Subsec. (c)(7)(A). Pub. L. 113–97, §202(c)(2)(H), substituted "section 431(d) or section 433(d)" for "section 431(d)".

Subsec. (d)(2). Pub. L. 113–97, §202(c)(2)(H), substituted "section 431(d) or section 433(d)" for "section 431(d)" in concluding provisions.

Pub. L. 113–97, §202(c)(2)(A), substituted "multiemployer plan or a CSEC plan, any extension" for "multiemployer plan, any extension" in concluding provisions.

2008—Subsec. (b)(3). Pub. L. 110–458, §102(b)(2)(H), substituted "the plan sponsor adopts" for "the plan adopts".

Subsec. (c)(1)(A)(i). Pub. L. 110–458, §101(a)(2)(A), substituted "the plan are" for "the plan is".

Subsec. (c)(7)(A). Pub. L. 110–458, §101(a)(2)(B), inserted "which reduces the accrued benefit of any participant" after "subsection (d)(2)".

Subsec. (d)(1). Pub. L. 110–458, §101(a)(2)(C), struck out ", the valuation date," after "If the funding method".

2006—Pub. L. 109–280, §111(a), reenacted heading without change and amended text generally, substituting provisions relating to minimum funding standard requirement, liability for contributions, variance from minimum funding standards, miscellaneous rules, and plans to which section applies, consisting of subsecs. (a) to (e), for provisions relating to general rule for satisfaction of minimum funding standard, funding standard account, special rules, variance from minimum funding standard, extension of amortization periods, requirements relating to waivers and extensions, alternative minimum funding standard, exceptions, certain insurance contract plans, certain terminated multiemployer plans, financial assistance, additional funding requirements for plans which are not multiemployer plans, quarterly contributions requirement, and imposition of lien where failure to make required contributions, consisting of subsecs. (a) to (n).

Subsec. (b)(3). Pub. L. 109–280, §212(c), added par. (3).

Subsec. (b)(5)(B)(ii)(II). Pub. L. 109–280, §301(b)(1), substituted ", 2005, 2006, and 2007" for "and 2005" in heading and "2008" for "2006" in text.

Subsec. (l)(7)(C)(i)(IV). Pub. L. 109–280, §301(b)(2), substituted ", 2005, 2006, and 2007" for "and 2005" in heading and ", 2005, 2006, or 2007" for "or 2005" in text.

2005—Subsec. (m)(4)(B)(i). Pub. L. 109–135 substituted "subsection (d)" for "subsection (c)".

2004—Subsec. (b)(5)(B)(ii)(I). Pub. L. 108–218, §101(b)(1)(C), inserted "or (III)" after "subclause (II)".

Subsec. (b)(5)(B)(ii)(II), (III). Pub. L. 108–218, §101(b)(1)(A), (B), added subcl. (II), redesignated former subcl. (II) as (III), and, in subcl. (III), inserted "or (II)" after "permissible under subclause (I)" and substituted "such subclause" for "subclause (I)" before period at end.

Subsec. (b)(7)(F). Pub. L. 108–218, §104(b), added subpar. (F).

Subsec. (l)(7)(C)(i)(IV). Pub. L. 108–218, §101(b)(2), added subcl. (IV).

Subsec. (l)(12). Pub. L. 108–218, §102(b), added par. (12).

Subsec. (m)(7). Pub. L. 108–218, §101(b)(3), amended heading and text of par. (7) generally, substituting provisions relating to special rule for 2002 for provisions relating to special rules for 2002 and 2004.

2002—Subsec. (c)(9)(B)(ii). Pub. L. 107–147, §411(v)(1)(A), substituted "100 percent" for "125 percent".

Subsec. (c)(9)(B)(iv). Pub. L. 107–147, §411(v)(1)(B), added cl. (iv).

Subsec. (l)(7)(C)(i)(III). Pub. L. 107–147, §405(a)(1), added subcl. (III).

Subsec. (m)(7). Pub. L. 107–147, §405(a)(2), added par. (7).

2001—Subsec. (c)(7)(A)(i)(I). Pub. L. 107–16, §651(a)(1), substituted "in the case of plan years beginning before January 1, 2004, the applicable percentage" for "the applicable percentage".

Subsec. (c)(7)(F). Pub. L. 107–16, §651(a)(2), reenacted heading and introductory provisions without change and amended table generally, substituting present provisions for provisions which had set out applicable percentage of 155 in the case of any plan year beginning in 1999 or 2000, 160 in the case of any plan year beginning in 2001 or 2002, 165 in the case of any plan year beginning in 2003 or 2004, and 170 in the case of any plan year beginning in 2005 and succeeding years.

Subsec. (c)(9). Pub. L. 107–16, §661(a), reenacted heading without change and amended text of par. (9) generally. Prior to amendment, text read as follows: "For purposes of this section, a determination of experience gains and losses and a valuation of the plan's liability shall be made not less frequently than once every year, except that such determination shall be made more frequently to the extent required in particular cases under regulations prescribed by the Secretary."

1997—Subsec. (b)(2)(E). Pub. L. 105–34, §1521(c)(1), added subpar. (E).

Subsec. (c)(7)(A)(i)(I). Pub. L. 105–34, §1521(a)(A), substituted "the applicable percentage" for "150 percent".

Subsec. (c)(7)(D). Pub. L. 105–34, §1521(c)(3)(A), inserted "and" at end of cl. (i), substituted a period for ", and" at end of cl. (ii), and struck out cl. (iii) which read as follows: "for the treatment under this section of contributions which would be required to be made under the plan but for the provisions of subparagraph (A)(i)(I)."

Subsec. (c)(7)(F). Pub. L. 105–34, §1521(a)(B), added subpar. (F).

Subsec. (m)(5)(E)(ii)(II). Pub. L. 105–34, §1604(b)(2)(A), substituted "subclause (I)" for "clause (i)".

1994—Subsec. (c)(5). Pub. L. 103–465, §752(a), designated existing provisions as subpar. (A), inserted subpar. heading, and added subpar. (B).

Subsec. (c)(7)(A)(i)(I). Pub. L. 103–465, §751(a)(10)(A), inserted "(including the expected increase in current liability due to benefits accruing during the plan year)" after "current liability".

Subsec. (c)(7)(B). Pub. L. 103–465, §751(a)(10)(C), reenacted subpar. (B) heading without change and amended text generally. Prior to amendment, text read as follows: "For purposes of subparagraphs (A) and (D), the term 'current liability' has the meaning given such term by subsection (l)(7) (without regard to subparagraph (D) thereof)."

Subsec. (c)(7)(E). Pub. L. 103–465, §751(a)(10)(B), added subpar. (E).

Subsec. (c)(12). Pub. L. 103–465, §753(a), added par. (12).

Subsec. (l)(1). Pub. L. 103–465, §751(a)(1)(A), (2)(B), in introductory provisions, substituted "to which this subsection applies under paragraph (9)" for "which has an unfunded current liability", and amended concluding provisions generally. Prior to amendment, concluding provisions read as follows: "Such increase shall not exceed the amount necessary to increase the funded current liability percentage to 100 percent."

Subsec. (l)(1)(A)(ii). Pub. L. 103–465, §751(a)(2)(A), amended cl. (ii) generally. Prior to amendment, cl. (ii) read as follows: "the sum of the charges for such plan year under subparagraphs (B) (other than clauses (iv) and (v) thereof), (C), and (D) of subsection (b)(2), reduced by the sum of the credits for such plan year under subparagraph (B)(i) of subsection (b)(3), plus".

Subsec. (l)(2)(C). Pub. L. 103–465, §751(a)(3), added subpar. (C).

Subsec. (l)(2)(D). Pub. L. 103–465, §751(a)(7)(B)(i), added subpar. (D).

Subsec. (l)(3)(D), (E). Pub. L. 103–465, §751(a)(4)(A), added subpars. (D) and (E).

Subsec. (l)(4)(B)(i). Pub. L. 103–465, §751(a)(4)(B), (7)(B)(iii), inserted ", the unamortized portion of the additional unfunded old liability, the unamortized portion of each unfunded mortality increase," after "old liability".

Subsec. (l)(4)(C). Pub. L. 103–465, §751(a)(5), substituted ".40" for ".25" in cl. (i) and "60" for "35" in cl. (ii).

Subsec. (l)(5)(A). Pub. L. 103–465, §751(a)(6)(A)(i), substituted "greatest of" for "greater of" in introductory provisions.

Subsec. (l)(5)(A)(iii). Pub. L. 103–465, §751(a)(6)(A)(ii)–(iv), added cl. (iii).

Subsec. (l)(5)(E). Pub. L. 103–465, §751(a)(6)(B), added subpar. (E).

Subsec. (l)(7)(C). Pub. L. 103–465, §751(a)(7)(A), amended subpar. (C) generally. Prior to amendment, subpar. (C) read as follows: "(C) Interest rates used.—The rate of interest used to determine current liability shall be the rate of interest used under subsection (b)(5)."

Subsec. (l)(9). Pub. L. 103–465, §751(a)(1)(B), added par. (9).

Subsec. (l)(10). Pub. L. 103–465, §751(a)(7)(B)(ii), added par. (10).

Subsec. (l)(11). Pub. L. 103–465, §751(a)(8), added par. (11).

Subsec. (m)(1). Pub. L. 103–465, §754(a), in introductory provisions, inserted "which has a funded current liability percentage (as defined in subsection (l)(8)) for the preceding plan year of less than 100 percent" before "fails" and substituted "the plan year" for "any plan year".

Subsec. (m)(4)(D)(ii). Pub. L. 103–465, §751(a)(6)(C)(i), substituted "greatest of" for "greater of" in introductory provisions.

Subsec. (m)(4)(D)(ii)(III). Pub. L. 103–465, §751(a)(6)(C)(ii)–(iv), added subcl. (III).

Subsec. (m)(5), (6). Pub. L. 103–465, §751(a)(9)(A), added par. (5) and redesignated former par. (5) as (6).

Subsec. (n)(2). Pub. L. 103–465, §768(a)(1), inserted at end "This subsection shall not apply to any plan to which section 4021 of the Employee Retirement Income Security Act of 1974 does not apply (as such section is in effect on the date of the enactment of the Retirement Protection Act of 1994)."

Subsec. (n)(3). Pub. L. 103–465, §768(a)(2), reenacted par. (3) heading without change and amended text generally. Prior to amendment, text read as follows: "For purposes of paragraph (1), the amount of the lien shall be equal to the lesser of—

"(A) the amount by which the unpaid balances described in paragraph (1)(B) (including interest) exceed $1,000,000, or

"(B) the aggregate unpaid balance of required installments and other payments required under this section (including interest)—

"(i) for plan years beginning after 1987, and

"(ii) for which payment has not been made before the due date."

Subsec. (n)(4)(B). Pub. L. 103–465, §768(a)(3), struck out "60th day following the" before "due date".

1989—Subsec. (b)(5)(B)(iii). Pub. L. 101–239, §7881(d)(1)(A), struck out "for purposes of this section and for purposes of determining current liability," before "the interest rate" in introductory provisions.

Subsec. (c)(9). Pub. L. 101–239, §7881(a)(6)(A), substituted "Annual" for "3-year" in heading and "every year" for "every 3 years" in text.

Subsec. (c)(10)(A). Pub. L. 101–239, §7881(b)(1)(A), substituted "Defined benefit plans" for "Plans" in heading and "defined benefit plan other" for "plan other" in introductory provisions.

Subsec. (c)(10)(B). Pub. L. 101–239, §7881(b)(2)(A), substituted "Other" for "Multiemployer" in heading and "plan not described in subparagraph (A)" for "multiemployer plan" in text.

Subsec. (d)(1)(A)(ii). Pub. L. 101–239, §7881(b)(6)(A)(ii), substituted "costs (including adjustments under subsection (b)(5)(B))" for "costs".

Subsec. (f)(4)(A). Pub. L. 101–239, §7881(c)(1), substituted "for benefit liabilities" for "the benefit liabilities".

Subsec. (l)(3)(C)(ii)(II). Pub. L. 101–239, §7881(a)(1)(A), substituted "reducing (but not below zero)" for "reducing".

Subsec. (l)(4)(B)(i). Pub. L. 101–239, §7881(a)(2)(A), substituted "liability and the unamortized portion of the unfunded existing benefit increase liability" for "liability".

Subsec. (l)(5)(C). Pub. L. 101–239, §7881(a)(3)(A), substituted "the first plan year beginning after December 31, 1988" for "October 17, 1987".

Subsec. (l)(7)(D)(iii)(III). Pub. L. 101–239, §7881(a)(4)(A)(i), added subcl. (III).

Subsec. (l)(7)(D)(iv). Pub. L. 101–239, §7881(a)(4)(A)(ii), added cl. (iv).

Subsec. (l)(8)(A)(ii). Pub. L. 101–239, §7881(a)(5)(A)(i), struck out "reduced by any credit balance in the funding standard account" after "under subsection (c)(2)".

Subsec. (l)(8)(E). Pub. L. 101–239, §7881(a)(5)(A)(ii), added subpar. (E).

Subsec. (m)(1). Pub. L. 101–239, §7881(b)(3)(A), substituted "defined benefit plan (other than" for "plan (other than" in introductory provisions.

Subsec. (m)(1)(B). Pub. L. 101–239, §7881(b)(6)(A)(i), amended subpar. (B) generally. Prior to amendment, subpar. (B) read as follows: "the rate under subsection (b)(5)."

Subsec. (m)(4)(D). Pub. L. 101–239, §7881(b)(4)(A), amended subpar. (D) generally. Prior to amendment, subpar. (D) read as follows: "In the case of a plan with any unpredictable contingent event benefit liabilities—

"(i) such liabilities shall not be taken into account in computing the required annual payment under subparagraph (B), and

"(ii) each required installment shall be increased by the greater of—

"(I) the amount of benefits described in subsection (l)(5)(A)(i) paid during the 3-month period preceding the month in which the due date for such installment occurs, or

"(II) 25 percent of the amount determined under subsection (l)(5)(A)(ii) for the plan year."

1988—Subsec. (l)(3)(C)(i), (iii). Pub. L. 100–647, §2005(a)(2)(A), (d)(1), amended cl. (i) identically, substituting "October 29" for "October 17" and amended cl. (iii) identically, substituting "October 28" for "October 16".

1987—Subsec. (b)(2). Pub. L. 100–203, §9303(a)(2), inserted at end "For additional requirements in the case of plans other than multiemployer plans, see subsection (l)."

Subsec. (b)(2)(B)(iv). Pub. L. 100–203, §9307(a)(1)(A), substituted "5 plan years (15 plan years in the case of a multiemployer plan)" for "15 plan years".

Subsec. (b)(2)(B)(v). Pub. L. 100–203, §9307(a)(1)(B), substituted "10 plan years (30 plan years in the case of a multiemployer plan)" for "30 plan years".

Subsec. (b)(2)(C), (3)(B)(ii). Pub. L. 100–203, §9307(a)(1)(A), substituted "5 plan years (15 plan years in the case of a multiemployer plan)" for "15 plan years".

Subsec. (b)(3)(B)(iii). Pub. L. 100–203, §9307(a)(1)(B), substituted "10 plan years (30 plan years in the case of a multiemployer plan)" for "30 plan years".

Subsec. (b)(5). Pub. L. 100–203, §9307(e)(1), amended par. (5) generally. Prior to amendment, par. (5) read as follows: "The funding standard account (and items therein) shall be charged or credited (as determined under regulations prescribed by the Secretary) with interest at the appropriate rate consistent with the rate or rates of interest used under the plan to determine costs."

Subsec. (c)(2)(B). Pub. L. 100–203, §9303(d)(1), inserted at end "In the case of a plan other than a multiemployer plan, this subparagraph shall not apply, but the Secretary may by regulations provide that the value of any dedicated bond portfolio of such plan shall be determined by using the interest rate under subsection (b)(5)."

Subsec. (c)(3). Pub. L. 100–203, §9307(b)(1), amended par. (3) generally. Prior to amendment, par. (3) read as follows: "For purposes of this section, all costs, liabilities, rates of interest, and other factors under the plan shall be determined on the basis of actuarial assumptions and methods which, in the aggregate, are reasonable (taking into account the experience of the plan and reasonable expectations) and which, in combination, offer the actuary's best estimate of anticipated experience under the plan."

Subsec. (c)(7). Pub. L. 100–203, §9301(a), substituted "Full-funding" for "Full funding" in heading and amended text generally. Prior to amendment, text read as follows: "For purposes of paragraph (6), the term full funding limitation means the excess (if any) of—

"(A) the accrued liability (including normal cost) under the plan (determined under the entry age normal funding method if such accrued liability cannot be directly calculated under the funding method used for the plan), over

"(B) the lesser of the fair market value of the plan's assets or the value of such assets determined under paragraph (2)."

Subsec. (c)(10). Pub. L. 100–203, §9304(a)(1), amended par. (10) generally. Prior to amendment, par. (10) read as follows: "For purposes of this section, any contributions for a plan year made by an employer after the last day of such plan year, but not later than two and one-half months after such day, shall be deemed to have been made on such last day. For purposes of this paragraph, such two and one-half month period may be extended for not more than six months under regulations prescribed by the Secretary."

Subsec. (c)(11). Pub. L. 100–203, §9305(b)(1), added par. (11).

Subsec. (d)(1). Pub. L. 100–203, §9306(a)(1)(B), struck out "substantial" after "in case of" in heading, and substituted "temporary substantial business hardship (substantial business hardship in the case of a multiemployer plan)" for "substantial business hardship" in text.

Pub. L. 100–203, §9306(b)(1), substituted "more than 3 of any 15 (5 of any 15 in the case of a multiemployer plan)" for "more than 5 of any 15".

Pub. L. 100–203, §9306(c)(1)(A), substituted "The interest rate used for purposes of computing the amortization charge described in subsection (b)(2)(C) for any plan year shall be—" and subpars. (A) and (B) for "The interest rate used for purposes of computing the amortization charge described in section 412(b)(2)(C) for a variance granted under this subsection shall be the rate determined under section 6621(b)."

Subsec. (d)(2). Pub. L. 100–203, §9306(a)(1)(B), struck out "substantial" after "Determination of" in heading, and substituted "temporary substantial business hardship (substantial business hardship in the case of a multiemployer plan)" for "substantial business hardship" in introductory provisions.

Subsec. (d)(4). Pub. L. 100–203, §9306(a)(1)(A), added par. (4).

Subsec. (d)(5). Pub. L. 100–203, §9306(a)(1)(C), added par. (5).

Subsec. (e). Pub. L. 100–203, §9306(c)(1)(B), substituted last two sentences for "The interest rate applicable under any arrangement entered into by the Secretary in connection with an extension granted under this subsection shall be the rate determined under section 6621(b)."

Subsec. (f)(3)(C)(i). Pub. L. 100–203, §9306(e)(1), substituted "$1,000,000" for "$2,000,000" at end.

Subsec. (f)(4)(A). Pub. L. 100–203, §9306(d)(1), substituted "plan, and each participant, beneficiary, and alternate payee (within the meaning of section 414(p)(8)). Such notice shall include a description of the extent to which the plan is funded for benefits which are guaranteed under title IV of such Act and the benefit liabilities." for "plan."

Subsec. (l). Pub. L. 100–203, §9303(a)(1), added subsec. (l).

Subsec. (m). Pub. L. 100–203, §9304(b)(1), added subsec. (m).

Subsec. (n). Pub. L. 100–203, §9304(e)(1), added subsec. (n).

1986—Subsec. (d)(1). Pub. L. 99–272, §11015(b)(2)(A), inserted provision that the interest rate used for purposes of computing the amortization charge described in section 412(b)(2)(C) for a variance granted under this subsection be the rate determined under section 6621(b).

Subsec. (e). Pub. L. 99–272, §11015(b)(2)(B), inserted provision that the interest rate applicable under any arrangement entered into by the Secretary in connection with an extension granted under this subsection be the rate determined under section 6621(b).

Subsec. (f). Pub. L. 99–272, §11015(a)(2), substituted in heading "Requirements relating to waivers and extensions" for "Benefits may not be increased during waiver or extension period" and in par. (1) heading "Benefits may not be increased during waiver or extension period" for "In general", and added par. (3).

Pub. L. 99–272, §11016(c)(4), added par. (4).

1984—Subsec. (a)(2). Pub. L. 98–369 struck out "or 405(a)" after "section 403(a)".

1980—Subsec. (a). Pub. L. 96–364, §208(c), inserted provisions relating to plan years where multiemployer plan is in reorganization.

Subsec. (b). Pub. L. 96–364, §203(1), (2), struck out in pars. (2)(B)(ii), (iii), and (3)(B)(i) provisions respecting applicability of multiemployer plans with 40 plan years and in pars. (2)(B)(iv) and (3)(B)(ii) provisions respecting applicability of multiemployer plans with 20 year plans and added pars. (6) and (7).

Subsecs. (j), (k). Pub. L. 96–364, §203(3), added subsecs. (j) and (k).

1976—Subsecs. (a) to (d). Pub. L. 94–455, §1906(b)(13)(A), struck out "or his delegate" after "Secretary".

Subsec. (h). Pub. L. 94–455, §1901(a)(63), substituted reference to Sept. 2, 1974, for reference to the date of enactment of the Employee Retirement Income Security Act of 1974 in par. (5) and substituted reference to Sept. 1, 1974, for reference to the day before the date of enactment of the Employee Retirement Income Security Act of 1974 in the provisions following par. (6).

Subsec. (i). Pub. L. 94–455, §1906(b)(13)(A), struck out "or his delegate" after "Secretary".

Statutory Notes and Related Subsidiaries

Effective Date of 2014 Amendment

Amendment by Pub. L. 113–97 applicable to years beginning after Dec. 31, 2013, see section 3 of Pub. L. 113–97, set out as a note under section 401 of this title.

Effective Date of 2008 Amendment

Amendment by Pub. L. 110–458 effective as if included in the provisions of Pub. L. 109–280 to which the amendment relates, except as otherwise provided, see section 112 of Pub. L. 110–458, set out as a note under section 72 of this title.

Effective Date of 2006 Amendment

Pub. L. 109–280, title I, §111(b), Aug. 17, 2006, 120 Stat. 826, provided that: "The amendments made by this section [amending this section] shall apply to plan years beginning after December 31, 2007."

Pub. L. 109–280, title II, §212(e), Aug. 17, 2006, 120 Stat. 917, as amended by Pub. L. 110–458, title I, §102(b)(3)(B), (C), Dec. 23, 2008, 122 Stat. 5103, provided that:

"(1) In general.—The amendments made by this section [enacting section 432 of this title and amending this section and section 4971 of this title] shall apply with respect to plan years beginning after 2007, except that the amendments made by subsection (b) [amending section 4971 of this title] shall apply to taxable years beginning after 2007, but only with respect to plan years beginning after 2007 which end with or within any such taxable year.

"(2) Special rule for certain notices.—In any case in which a plan's actuary certifies that it is reasonably expected that a multiemployer plan will be in critical status under section 432(b)(3) of the Internal Revenue Code of 1986, as added by this section, with respect to the first plan year beginning after 2007, the notice required under subparagraph (D) of such section may be provided at any time after the date of enactment [Aug. 17, 2006], so long as it is provided on or before the last date for providing the notice under such subparagraph.

"(3) Special rule for certain restored benefits.—In the case of a multiemployer plan—

"(A) with respect to which benefits were reduced pursuant to a plan amendment adopted on or after January 1, 2002, and before June 30, 2005, and

"(B) which, pursuant to the plan document, the trust agreement, or a formal written communication from the plan sponsor to participants provided before June 30, 2005, provided for the restoration of such benefits,

the amendments made by this section shall not apply to such benefit restorations to the extent that any restriction on the providing or accrual of such benefits would otherwise apply by reason of such amendments."

Pub. L. 109–280, title II, §221(c), Aug. 17, 2006, 120 Stat. 919, as amended by Pub. L. 113–295, div. A, title I, §172(a), (b), Dec. 19, 2014, 128 Stat. 4024, which provided that the provisions of, and the amendments made by, sections 201(b), 202, and 212 (enacting section 432 of this title and section 1085 of Title 29, Labor, amending this section, section 4971 of this title, and sections 1082 and 1132 of Title 29, and enacting provisions set out as notes under this section and sections 1082 and 1084 of Title 29) were not applicable to plan years beginning after Dec. 31, 2014, and if a plan was operating under a funding improvement or rehabilitation plan under section 1085 of Title 29 or section 432 of this title for its last year beginning before Jan. 1, 2015, such plan was to continue to operate under such funding improvement or rehabilitation plan during any period after Dec. 31, 2014, such funding improvement or rehabilitation plan was in effect and all provisions of the Employee Retirement Income Security Act of 1974 (29 U.S.C. 1001 et seq.) or this title relating to the operation of such funding improvement or rehabilitation plan were to continue in effect during such period, was repealed by Pub. L. 113–235, div. O, title I, §101(a), Dec. 16, 2014, 128 Stat. 2774.

[Pub. L. 113–295, div. A, title I, §172(c), Dec. 19, 2014, 128 Stat. 4024, provided that: "The amendments made by this section [directing amendment of section 221(c) of Pub. L. 109–280, formerly set out above] shall apply to plan years beginning after December 31, 2014." Those amendments could not be executed because of the intervening repeal of section 221(c) by Pub. L. 113–235.]

Effective Date of 2004 Amendment

Amendment by section 101(b)(1)–(3) of Pub. L. 108–218 applicable, except as otherwise provided, to plan years beginning after Dec. 31, 2003, see section 101(d) of Pub. L. 108–218, set out as a note under section 404 of this title.

Effective Date of 2002 Amendment

Amendment by section 411(v)(1) of Pub. L. 107–147 effective as if included in the provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001, Pub. L. 107–16, to which such amendment relates, see section 411(x) of Pub. L. 107–147, set out as a note under section 25B of this title.

Effective Date of 2001 Amendment

Pub. L. 107–16, title VI, §651(c), June 7, 2001, 115 Stat. 129, provided that: "The amendments made by this section [amending this section and section 1082 of Title 29, Labor] shall apply to plan years beginning after December 31, 2001."

Pub. L. 107–16, title VI, §661(c), June 7, 2001, 115 Stat. 142, provided that: "The amendments made by this section [amending this section and section 1082 of Title 29, Labor] shall apply to plan years beginning after December 31, 2001."

Effective Date of 1997 Amendment

Pub. L. 105–34, title XV, §1521(d)(1), Aug. 5, 1997, 111 Stat. 1070, provided that: "The amendments made by this section [amending this section and section 1082 of Title 29, Labor] shall apply to plan years beginning after December 31, 1998."

Pub. L. 105–34, title XVI, §1604(b)(4), Aug. 5, 1997, 111 Stat. 1097, provided that: "The amendments made by this subsection [amending this section, section 6621 of this title, section 1082 of Title 29, Labor, and provisions set out as a note under section 411 of this title] shall take effect as if included in the sections of the Uruguay Round Agreements Act [Pub. L. 103–465] to which they relate."

Effective Date of 1994 Amendment

Amendment by section 751(a)(1)–(9)(A), (10) of Pub. L. 103–465 applicable to plan years beginning after Dec. 31, 1994, see section 751(b)(1) of Pub. L. 103–465, set out as a note under section 401 of this title.

Pub. L. 103–465, title VII, §752(b), Dec. 8, 1994, 108 Stat. 5023, provided that:

"(1) In general.—The amendment made by this section [amending this section] shall apply to changes in assumptions for plan years beginning after October 28, 1993.

"(2) Certain changes cease to be effective.—In the case of changes in assumptions for plan years beginning after December 31, 1992, and on or before October 28, 1993, such changes shall cease to be effective for plan years beginning after December 31, 1994, if—

"(A) such change would have required the approval of the Secretary of the Treasury had such amendment applied to such change, and

"(B) such change is not so approved."

Pub. L. 103–465, title VII, §753(b), Dec. 8, 1994, 108 Stat. 5023, provided that: "The amendment made by this section [amending this section] shall apply to plan years beginning after December 31, 1994, with respect to collective bargaining agreements in effect on or after January 1, 1995."

Pub. L. 103–465, title VII, §754(b), Dec. 8, 1994, 108 Stat. 5023, provided that: "The amendment made by this section [amending this section] shall apply to plan years beginning after the date of enactment of this Act [Dec. 8, 1994]."

Pub. L. 103–465, title VII, §768(c), Dec. 8, 1994, 108 Stat. 5041, provided that: "The amendments made by this section [amending this section and section 1082 of Title 29, Labor] shall be effective for installments and other payments required under section 412 of the Internal Revenue Code of 1986 or under part 3 of subtitle B [of title I] of the Employee Retirement Income Security Act of 1974 [29 U.S.C. 1081 et seq.] that become due on or after the date of enactment [Dec. 8, 1994]."

Effective Date of 1989 Amendment

Amendment by Pub. L. 101–239 effective, except as otherwise provided, as if included in the provision of the Pension Protection Act, Pub. L. 100–203, §§9302–9346, to which such amendment relates, see section 7882 of Pub. L. 101–239, set out as a note under section 401 of this title.

Effective Date of 1988 Amendment

Amendment by Pub. L. 100–647 effective as if included in the amendments made by the provisions of the Omnibus Budget Reconciliation Act of 1987, Pub. L. 100–203, to which it relates, see section 2005(e) of Pub. L. 100–647, as amended, set out as a note under section 404 of this title.

Effective Date of 1987 Amendment

Pub. L. 100–203, title IX, §9301(c)(1), (2), Dec. 22, 1987, 101 Stat. 1330–333, provided that:

"(1) In general.—The amendments made by this section [amending this section and section 1082 of Title 29, Labor] shall apply to years beginning after December 31, 1987.

"(2) Regulations.—The Secretary of the Treasury or his delegate shall prescribe such regulations as are necessary to carry out the amendments made by this section no later than August 15, 1988."

Pub. L. 100–203, title IX, §9303(e), Dec. 22, 1987, 101 Stat. 1330–342, as amended by Pub. L. 101–239, title VII, §7881(a)(7), Dec. 19, 1989, 103 Stat. 2436, provided that:

"(1) In general.—Except as provided in this subsection, the amendments made by this section [amending this section and section 1082 of Title 29, Labor] shall apply with respect to plan years beginning after December 31, 1988.

"(2) Subsections (c) and (d).—The amendments made by subsections (c) [set out below] and (d) [amending this section and section 1082 of Title 29] shall apply with respect to years beginning after December 31, 1987.

"(3) Special rule for steel companies.—

"(A) In general.—For any plan year beginning before January 1, 1994, any increase in the funding standard account under [former] section 412(l) of the 1986 Code or section 302(d) of ERISA (as added by this section) [29 U.S.C. 1082(d)] with respect to any steel employee plan shall not exceed the sum of—

"(i) the required percentage of the current liability under such plan, plus

"(ii) the amount determined under subparagraph (C)(i) for such plan year.

"(B) Required percentage.—For purposes of subparagraph (A), the term 'required percentage' means, with respect to any plan year, the excess (if any) of—

"(i) the sum of—

"(I) the funded current liability percentage as of the beginning of the 1st plan year beginning after December 31, 1988 (determined without regard to any plan amendment adopted after June 30, 1987), plus

"(II) 1 percentage point for the plan year for which the determination under this paragraph is being made and for each prior plan year beginning after December 31, 1988, over

"(ii) the funded current liability percentage as of the beginning of the plan year for which such determination is being made.

"(C) Special rules for contingent events.—In the case of any unpredictable contingent event benefit with respect to which the event on which such benefits are contingent occurs after December 17, 1987—

"(i) Amortization amount.—For purposes of subparagraph (A)(ii), the amount determined under this clause for any plan year is the amount which would be determined if the unpredictable contingent event benefit liability were amortized in equal annual installments over 10 plan years (beginning with the plan year in which such event occurs).

"(ii) Benefit and contributions not taken into account.—For purposes of subparagraph (B), in determining the funded current liability percentage for any plan year, there shall not be taken into account—

"(I) the unpredictable contingent event benefit liability, or

"(II) any amount contributed to the plan which is attributable to clause (i) (and any income allocable to such amount).

"(D) Steel employee plan.—For purposes of this paragraph, the term 'steel employee plan' means any plan if—

"(i) such plan is maintained by a steel company, and

"(ii) substantially all of the employees covered by such plan are employees of such company.

"(E) Other definitions.—For purposes of this paragraph—

"(i) Steel company.—The term 'steel company' means any corporation described in section 806(b) of the Steel Import Stabilization Act [section 806(b) of Pub. L. 98–573, 19 U.S.C. 2253 note].

"(ii) Other definitions.—The terms 'current liability', 'funded current liability percentage', and 'unpredictable contingent event benefit' have the meanings given such terms by [former] section 412(l) of the 1986 Code (as added by this section).

"(F) Special rule.—The provisions of this paragraph shall apply in the case of a company which was originally incorporated on April 25, 1927, in Michigan and reincorporated on June 3, 1968, in Delaware in the same manner as if such company were a steel company."

Pub. L. 100–203, title IX, §9304(a)(3), Dec. 22, 1987, 101 Stat. 1330–344, provided that: "The amendments made by this subsection [amending this section and section 1082 of Title 29, Labor] shall apply to plan years beginning after December 31, 1987."

Pub. L. 100–203, title IX, §9304(b)(3), Dec. 22, 1987, 101 Stat. 1330–347, provided that: "The amendments made by this subsection [amending this section and section 1082 of Title 29] shall apply with respect to plan years beginning after 1988."

Pub. L. 100–203, title IX, §9304(e)(3), Dec. 22, 1987, 101 Stat. 1330–351, provided that: "The amendments made by this subsection [amending this section and section 1082 of Title 29] shall apply to plan years beginning after December 31, 1987."

Pub. L. 100–203, title IX, §9305(d), Dec. 22, 1987, 101 Stat. 1330–352, provided that: "The amendments made by this section [amending this section and sections 414 and 4971 of this title and section 1082 of Title 29] shall apply with respect to plan years beginning after December 31, 1987."

Pub. L. 100–203, title IX, §9306(f), Dec. 22, 1987, 101 Stat. 1330–355, as amended by Pub. L. 101–239, title VII, §7881(c)(3), Dec. 19, 1989, 103 Stat. 2439, provided that:

"(1) In general.—Except as provided in this subsection, the amendments made by this section [amending this section and sections 1083, 1084, and 1085a of Title 29, Labor] shall apply in the case of—

"(A) any application submitted after December 17, 1987, and

"(B) any waiver granted pursuant to such an application.

"(2) Special rule for application requirement.—

"(A) In general.—The amendments made by subsections (a)(1)(A) and (a)(2)(A) [amending this section and section 1083 of Title 29] shall apply to plan years beginning after December 31, 1987.

"(B) Transitional rule for years beginning in 1988.—In the case of any plan year beginning during calendar 1988, [former] section 412(d)(4) of the 1986 Code and section 303(d)(1) of ERISA [29 U.S.C. 1083(d)(1)] (as added by subsection (a)(1) [and (2)]) shall be applied by substituting '6th month' for '3rd month'.

"(3) Subsection (b).—The amendments made by subsection (b) [amending this section and section 1083 of Title 29] shall apply to waivers for plan years beginning after December 31, 1987. For purposes of applying such amendments, the number of waivers which may be granted for plan years after December 31, 1987, shall be determined without regard to any waivers granted for plan years beginning before January 1, 1988.

"(4) Subsection (d).—The amendments made by subsection (d) [amending this section and section 1083 of Title 29] shall apply to applications submitted more than 90 days after the date of the enactment of this Act [Dec. 22, 1987]."

Amendment by section 9307(a)(1), (b)(1), (e)(1) of Pub. L. 100–203 applicable to years beginning after Dec. 31, 1987, except that subsec. (b)(2)(B)(iv) and (3)(B)(ii) of this section (as amended by section 9307(a)(1)(A) of Pub. L. 100–203) is applicable to gains and losses established in years beginning after Dec. 31, 1987, see section 9307(f) of Pub. L. 100–203, as amended, set out as a note under section 404 of this title.

Effective Date of 1986 Amendment

Pub. L. 99–272, title XI, §11015(a)(3), Apr. 7, 1986, 100 Stat. 267, provided that: "The amendments made by this subsection [enacting section 1085a of Title 29, Labor, and amending this section and section 1061 of Title 29] shall apply with respect to applications for waivers, extensions, and modifications filed on or after the date of the enactment of this Act [Apr. 7, 1986]."

Amendment by sections 11015(b)(2) and 11016(c)(4) of Pub. L. 99–272 effective Jan. 1, 1986, with certain exceptions, see section 11019 of Pub. L. 99–272, set out as a note under section 1341 of Title 29.

Effective Date of 1984 Amendment

Amendment by Pub. L. 98–369 applicable to obligations issued after Dec. 31, 1983, see section 491(f)(1) of Pub. L. 98–369, set out as a note under section 62 of this title.

Effective Date of 1980 Amendment

Amendment by Pub. L. 96–364 effective Sept. 26, 1980, see section 210(a) of Pub. L. 96–364, set out as an Effective Date note under section 194A of this title.

Effective Date of 1976 Amendment

Amendment by section 1901(a)(63) of Pub. L. 94–455 effective for taxable years beginning after Dec. 31, 1976, see section 1901(d) of Pub. L. 94–455, set out as a note under section 2 of this title.

Effective Date

Section applicable, except as otherwise provided in section 1017(c) through (i) of Pub. L. 93–406, for plan years beginning after Sept. 2, 1974, and, in the case of plans in existence on Jan. 1, 1974, for plan years beginning after Dec. 31, 1975, see section 1017 of Pub. L. 93–406, set out as an Effective Date; Transitional Rules note under section 410 of this title.

Regulations

Pub. L. 103–465, title VII, §769, Dec. 8, 1994, 108 Stat. 5041, as amended by Pub. L. 105–34, title XV, §1508(a), Aug. 5, 1997, 111 Stat. 1067; Pub. L. 108–218, title II, §201(a), Apr. 10, 2004, 118 Stat. 608; Pub. L. 109–280, title I, §115(d)(1), (e)(1), Aug. 17, 2006, 120 Stat. 856, provided that:

"(a) Funding Rules Not To Apply to Certain Plans.—Any changes made by this Act [Pub. L. 103–465] to section 412 of the Internal Revenue Code of 1986 or to part 3 of subtitle B of title I of the Employee Retirement Income Security Act of 1974 [29 U.S.C. 1081 et seq.] shall not apply to—

"(1) a plan which is, on the date of enactment of this Act [Dec. 8, 1994], subject to a restoration payment schedule order issued by the Pension Benefit Guaranty Corporation that meets the requirements of section 1.412(c)(1)–3 of the Treasury Regulations, or

"(2) a plan established by an affected air carrier (as defined under section 4001(a)(14)(C)(ii)(I) of such Act [29 U.S.C. 1301(a)(14)(C)(ii)(I)]) and assumed by a new plan sponsor pursuant to the terms of a written agreement with the Pension Benefit Guaranty Corporation dated January 5, 1993, and approved by the United States Bankruptcy Court for the District of Delaware on December 30, 1992.

"(b) Change in Actuarial Method.—Any amortization installments for bases established under [former] section 412(b) of the Internal Revenue Code of 1986 and section 302(b) of the Employee Retirement Income Security Act of 1974 [29 U.S.C. 1082(b)] for plan years beginning after December 31, 1987, and before January 1, 1993, by reason of nonelective changes under the frozen entry age actuarial cost method shall not be included in the calculation of offsets under [former] section 412(l)(1)(A)(ii) of such Code and section 302(d)(1)(A)(ii) of such Act for the 1st 5 plan years beginning after December 31, 1994."

[Pub. L. 109–280, title I, §115(d)(2), Aug. 17, 2006, 120 Stat. 856, provided that: "The amendment made by paragraph (1) [amending section 769 of Pub. L. 103–465, set out above] shall apply to plan years beginning after December 31, 2005."]

[Pub. L. 109–280, title I, §115(e)(2), Aug. 17, 2006, 120 Stat. 856, provided that: "The amendment made by paragraph (1) [amending section 769 of Pub. L. 103–465, set out above] shall take effect on December 31, 2007, and shall apply to plan years beginning after such date."]

[Pub. L. 108–218, title II, §201(b), Apr. 10, 2004, 118 Stat. 608, provided that: "The amendments made by this section [amending section 769 of Pub. L. 103–465, set out above] shall apply to plan years beginning after December 31, 2003."]

[Pub. L. 105–34, title XV, §1508(b), Aug. 5, 1997, 111 Stat. 1068, provided that: "The amendment made by this section [amending section 769 of Pub. L. 103–465, set out above] shall apply to plan years beginning after December 31, 1996."]

Pub. L. 100–203, title IX, §9303(c), Dec. 22, 1987, 101 Stat. 1330–342, provided that: "Effective with respect to plan years beginning after December 31, 1987, the provisions of the regulations prescribed under section 412(c)(2) of the 1986 Code which permit asset valuations to be based on a range between 85 percent and 115 percent of average value shall have no force and effect with respect to plans other than multiemployer plans (as defined in section 414(f) of the 1986 Code). The Secretary of the Treasury or his delegate shall amend such regulations to carry out the purposes of the preceding sentence."

Applicability of Amendments by Subtitles A and B of Title I of Pub. L. 109–280

For special rules on applicability of amendments by subtitles A (§§101–108) and B (§§111–116) of title I of Pub. L. 109–280 to certain eligible cooperative plans, PBGC settlement plans, and eligible government contractor plans, see sections 104, 105, and 106 of Pub. L. 109–280, set out as notes under section 401 of this title.

Special Rule for Certain Benefits Funded Under an Agreement Approved by the Pension Benefit Guaranty Corporation

Pub. L. 109–280, title II, §206, Aug. 17, 2006, 120 Stat. 889, provided that: "In the case of a multiemployer plan that is a party to an agreement that was approved by the Pension Benefit Guaranty Corporation prior to June 30, 2005, and that—

"(1) increases benefits, and

"(2) provides for special withdrawal liability rules under section 4203(f) of the Employee Retirement Income Security Act of 1974 (29 U.S.C. 1383[(f)]),

the amendments made by sections 201, 202, 211, and 212 of this Act [enacting sections 431 and 432 of this title and sections 1084 and 1085 of Title 29, Labor, and amending this section, section 4971 of this title, and sections 1081, 1082, and 1132 of Title 29] shall not apply to the benefit increases under any plan amendment adopted prior to June 30, 2005, that are funded pursuant to such agreement if the plan is funded in compliance with such agreement (and any amendments thereto)."

Applicability of Section to Certain Plans Maintained by Commercial Airlines

For special rules on applicability of this section to certain plans maintained by commercial airlines, see section 402 of Pub. L. 109–280, set out as a note under section 430 of this title.

Effect of Election

Pub. L. 108–218, title I, §102(c), Apr. 10, 2004, 118 Stat. 602, provided that: "An election under section 302(d)(12) of the Employee Retirement Income Security Act of 1974 [29 U.S.C. 1082(d)(12)] or [former] section 412(l)(12) of the Internal Revenue Code of 1986 (as added by this section) with respect to a plan shall not invalidate any obligation (pursuant to a collective bargaining agreement in effect on the date of the election) to provide benefits, to change the accrual of benefits, or to change the rate at which benefits become nonforfeitable under the plan."

Special Rule for Unamortized Balances Under Existing Law

Pub. L. 105–34, title XV, §1521(d)(2), Aug. 5, 1997, 111 Stat. 1070, provided that: "The unamortized balance (as of the close of the plan year preceding the plan's first year beginning in 1999) of any amortization base established under [former] section 412(c)(7)(D)(iii) of such Code [26 U.S.C. 412(c)(7)(D)(iii)] and section 302(c)(7)(D)(iii) of such Act [29 U.S.C. 1082(c)(7)(D)(iii)] (as repealed by subsection (c)(3)) for any plan year beginning before 1999 shall be amortized in equal annual installments (until fully amortized) over a period of years equal to the excess of—

"(A) 20 years, over

"(B) the number of years since the amortization base was established."

Alternative Amortization Method for Certain Multiemployer Plans

Pub. L. 93–406, title II, §1013(d), Sept. 2, 1974, 88 Stat. 923, as amended by Pub. L. 99–514, §2, Oct. 22, 1986, 100 Stat. 2095, provided that:

"(1) General rule.—In the case of any multiemployer plan (as defined in section 414(f) of the Internal Revenue Code of 1986 [formerly I.R.C. 1954]) to which section 412 of such Code applies, if—

"(A) on January 1, 1974, the contributions under the plan were based on a percentage of pay,

"(B) the actuarial assumptions with respect to pay are reasonably related to past and projected experience, and

"(C) the rates of interest under the plan are determined on the basis of reasonable actuarial assumptions,

the plan may elect (in such manner and at such time as may be provided under regulations prescribed by the Secretary of the Treasury or his delegate) to fund the unfunded past service liability under the plan existing as of the date 12 months following the first date on which such section 412 first applies to the plan by charging the funding standard account with an equal annual percentage of the aggregate pay of all participants in the plan in lieu of the level dollar charges to such account required under clauses (i), (ii), and (iii) of [former] section 412(b)(2)(B) of such Code and section 302(b)(2)(B)(i), (ii), and (iii) of this Act [section 1082(b)(2)(B)(i), (ii), and (iii) of Title 29, Labor].

"(2) Limitation.—In the case of a plan which makes an election under paragraph (1), the aggregate of the charges required under such paragraph for a plan year shall not be less than the interest on the unfunded past service liabilities described in clauses (i), (ii), and (iii) of [former] section 412(b)(2)(B) of the Internal Revenue Code of 1986."

I.R.C. § 412 — Minimum funding standards · USC 2024 ed., current through 2025-01-06 · https://pensionresource.website/EAMain?content=EAMain.Law&id=irc-412&asof=2019-01-14 · printed Oct 16, 2026

Parallel provisions

ERISA § 302 Minimum funding standards

Cited by (code & regs)

Treas. Reg. § 1.412(c)(1)-3 Applying the minimum funding requirements to rest…
Treas. Reg. § 1.404(a)-14 Special rules in connection with the Employee Ret…
Treas. Reg. § 1.412(c)(2)-1 Valuation of plan assets; reasonable actuarial va…
Treas. Reg. § 1.412(c)(1)-2 Shortfall method.
I.R.C. § 433 Minimum funding standards for CSEC plans
Treas. Reg. § 1.401(a)-20 Requirements of qualified joint and survivor annu…
Treas. Reg. § 1.436-1 Limits on benefits and benefit accruals under sin…
Treas. Reg. § 54.4971(c)-1 Taxes on failure to meet minimum funding standard…
I.R.C. § 431 Minimum funding standards for multiemployer plans
Treas. Reg. § 1.430(a)-1 Determination of minimum required contribution.
I.R.C. § 430 Minimum funding standards for single-employer def…
Treas. Reg. § 54.4980F-1 Notice requirements for certain pension plan amen…
Treas. Reg. § 1.412(i)-1 Certain insurance contract plans.
I.R.C. § 404 Deduction for contributions of an employer to an …
Treas. Reg. § 1.430(d)-1 Determination of target normal cost and funding t…

Treasury Regulations

Treas. Reg. § 1.412(b)-2 Amortization of experience gains in connection with certain group deferred annuity contracts.
Treas. Reg. § 1.412(c)(1)-1 Determinations to be made under funding method—terms defined.
Treas. Reg. § 1.412(c)(1)-2 Shortfall method.
Treas. Reg. § 1.412(c)(1)-3 Applying the minimum funding requirements to restored plans.
Treas. Reg. § 1.412(c)(2)-1 Valuation of plan assets; reasonable actuarial valuation methods.
Treas. Reg. § 1.412(c)(3)-1 Reasonable funding methods.
Treas. Reg. § 1.412(c)(3)-2 Effective dates and transitional rules relating to reasonable funding methods.
Treas. Reg. § 1.412(i)-1 Certain insurance contract plans.
Treas. Reg. § 11.412(c)-7 Election to treat certain retroactive plan amendments as made on the first day of the plan year.
Treas. Reg. § 11.412(c)-11 Election with respect to bonds.
Treas. Reg. § 11.412(c)-12 Extension of time to make contributions to satisfy requirements of section 412.

Guidance addressing this section

IRS / Treasury

Proposed Rules

91 FR 53803Proposed Aug 20, 2026 — Determination of Target Normal Cost and Funding Target for Single-Employer Defined Benefit Plans (a)(2)(A)(d)(1)(d)(2)
REG-143601-06Proposed Jun 11, 2007 — Proposed regulations under section 430 of the Code provide generally applicable mortality tables to be used in determining present value or making any computat… (l)(l)(7)(l)(7)(C)(ii)(l)(7)(C)(ii)(I)(l)(7)(C)(ii)(III)
REG-124988-05Proposed Dec 19, 2005 — Proposed regulations under section 412 of the Code provide guidance regarding mortality tables to be used in determining the current liability of a qualified d… (c)(6)(c)(7)(c)(7)(E)(l)(l)(10)(l)(7)

Revenue Procedures

Rev. Proc. 2025-21 May 27, 2025 — Section 12.02 of Rev. Proc. 2024-32 specifies that, in conjunction with the replacement of the generally applicable mortality tables, certain plan sponsors tha… (a)(2)(A)
Rev. Proc. 2017-56 Oct 30, 2017 — This revenue procedure updates Rev. Proc. 2000–40 to take into account the provisions of § 430 of the Internal Revenue Code, which was enacted as part of the P… (c)(d)(1)
Rev. Proc. 2017-57 Oct 30, 2017 — This revenue procedure updates Rev. Proc. 2000–41 to take into account the enactment of subsequent legislation. This revenue procedure sets forth the procedure… (d)(1)
Rev. Proc. 2013-4Modified Jan 2, 2013 — Rulings and information letters; issuance procedures. Revised procedures are provided for furnishing ruling letters, information letters, etc., on matters rela… (c)(7)(B)(i)(d)(2)(m)(5)
Modified by Rev. Proc. 2013-22
Rev. Proc. 2013-8Modified Jan 2, 2013 — User fees for employee plans and exempt organizations. Current guidance for complying with the user fee program of the Service as it pertains to requests for l… (c)(5)(c)(8)(d)(e)(f)(2)(A)
Modified by Rev. Proc. 2013-22
Rev. Proc. 2004-44 Aug 2, 2004 — Minimum funding standards; amortization; extensions. This procedure sets forth guidelines for requesting extensions of the amortization period of the minimum f… (e)(f)(4)(A)(f)(4)(B)
Rev. Proc. 2004-15 Feb 17, 2004 — Minimum funding standards; waivers; notice. This procedure sets forth guidelines for requesting waivers of the minimum funding standards with respect to define… (b)(2)(C)(d)(d)(2)(f)(4)(A)(f)(4)(B)

Treasury Decisions

T.D. 10005 Aug 19, 2024 — These regulations update the requirements that a plan sponsor of a single-employer defined benefit plan must meet to obtain IRS approval to use mortality table…
T.D. 9986 Jan 29, 2024 — These regulations specify the methodology for constructing the corporate bond yield curve that is used to derive the interest rates used in calculating present…
T.D. 9310 Feb 26, 2007 — Final regulations under section 412(l)(7) of the Code provide mortality tables to be used in determining current liability for purposes of applying certain pen… (l)(7)

Notices

Notice 2023-73 Nov 6, 2023 — Mortality Table for Use in Determining Minimum Present Value for 2024 (a)(2)
Notice 2020-85 Dec 14, 2020 — Updated Mortality Improvement Rates and Static Mortality Tables for Defined Benefit Pension Plans for 2022 (a)(2)
Notice 2020-61 Aug 24, 2020 — Special Funding and Benefit Limitation Rules for Single-Employer Defined Benefit Pension Plans under the CARES Act (e)(3)
Notice 2015-58 Sep 14, 2015 — This notice provides guidance on certain issues relating to the application of the Cooperative and Small Employer Charity Pension Flexibility Act, Pub. L. No. … (b)(b)(5)(B)(c)(7)(l)
Notice 2014-53 Oct 20, 2014 — This notice provides guidance on the changes to the funding stabilization rules for single-employer pension plans under the Internal Revenue Code (Code) and th…
Notice 2013-49 Aug 5, 2013 — This notice provides updated static mortality tables to be used by defined benefit pension plans for purposes of satisfying certain funding and benefit require… (a)(2)(l)(7)
Notice 2013-11 Mar 11, 2013 — This notice provides guidance on the 25-year average segment rates that are applied to adjust the otherwise applicable 24-month average segment rates that are …
Notice 2013-2 Feb 4, 2013 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2012-78 Dec 27, 2012 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2012-66 Dec 3, 2012 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2012-61 Oct 15, 2012 — This notice provides guidance on the special rules relating to pension funding stabilization for single employer defined benefit pension plans under amendments… (b)(5)(B)
Notice 2012-56 Sep 24, 2012 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2012-55 Sep 4, 2012 — This notice provides guidance on the 25-year average segment rates that are applied to adjust the otherwise applicable 24-month average segment rates that are …
Notice 2012-53 Aug 27, 2012 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2012-47 Jul 30, 2012 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2012-43 Jun 25, 2012 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2012-36 May 29, 2012 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2012-28 Apr 23, 2012 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2012-24 Mar 26, 2012 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2012-16 Feb 27, 2012 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2012-10 Jan 30, 2012 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2011-100 Dec 27, 2011 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2011-93 Nov 28, 2011 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2011-84 Oct 24, 2011 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2011-75 Oct 3, 2011 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2011-67 Aug 22, 2011 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2011-59 Aug 1, 2011 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2011-49 Jun 27, 2011 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2011-41 May 23, 2011 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2011-33 May 9, 2011 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2011-22 Mar 21, 2011 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2011-13 Feb 28, 2011 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2011-3 Jan 10, 2011 — Special rules relating to funding relief for single-employer pension plans under PRA 2010. This notice provides guidance on the special rules relating to fundi… (d)(3)
Notice 2010-93 Dec 27, 2010 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2010-83 Dec 20, 2010 — Funding relief for multiemployer defined benefit plans under PRA 2010. This notice provides guidance in the form of questions and answers for sponsors of multi… (b)(6)(b)(8)(h)
Notice 2010-76 Nov 22, 2010 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2010-70 Nov 1, 2010 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2010-61 Oct 4, 2010 — Weighted average interest-rate update; corporate bond indices; 30-year Treasury securities; segment rates.This notice contains updates for the corporate bond w… (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2010-55 Aug 16, 2010 — This notice provides guidance on filing Form 5500 and Schedule SB for single-employer defined benefit plans for plan sponsors who are considering use of the sp…
Notice 2010-56 Aug 16, 2010 — This notice provides guidance on filing Form 5500 and Schedule MB for multiemployer defined benefit plans for plan sponsors who are considering use of the spec…
Notice 2010-47 Jun 28, 2010 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2010-40 May 24, 2010 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2010-36 Apr 26, 2010 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2010-24 Mar 22, 2010 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2010-20 Feb 22, 2010 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2010-14 Feb 1, 2010 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2009-96 Dec 28, 2009 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2009-88 Nov 23, 2009 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2009-76 Oct 26, 2009 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2009-77 Oct 5, 2009 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2009-56 Jun 22, 2009 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2009-45 Jun 1, 2009 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2009-39 May 4, 2009 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2009-22 Apr 6, 2009 — Asset valuation under section 430(g)(3)(B) as amended by WRERA. This notice provides interim rules regarding asset valuation methods that are permitted to be u… (d)(1)
Notice 2009-20 Mar 23, 2009 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2009-2 Jan 26, 2009 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2008-112 Dec 22, 2008 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2008-105 Dec 1, 2008 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2008-93 Oct 27, 2008 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2008-85 Oct 20, 2008 — This notice provides updated static mortality tables to be used in applying the minimum funding requirements to single employer defined benefit pension plans t… (l)(7)
Notice 2008-73 Sep 22, 2008 — This notice expands the availability of the transition relief for certain small pension plans that was originally provided in Notice 2008-21, 2008-7 I.R.B. 431… (c)(10)(c)(2)(l)(7)
Notice 2008-75 Sep 22, 2008 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2008-69 Aug 25, 2008 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2008-65 Jul 28, 2008 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2008-53 Jun 30, 2008 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2008-50 May 27, 2008 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2008-45 Apr 28, 2008 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2008-29 Mar 24, 2008 — Alternative mortality tables; disabled individuals; defined benefit plans. This notice provides which mortality tables are permitted to be used to determine pr… (l)(l)(7)(C)(ii)(l)(7)(C)(iii)(l)(7)(C)(iii)(I)(l)(7)(C)(iii)(II)
Notice 2008-37 Mar 24, 2008 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2008-24 Feb 25, 2008 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2008-17 Jan 28, 2008 — Weighted average interest rate update; corporate bond indices; 30-year Treasury Securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2007-101 Dec 26, 2007 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2007-91 Nov 26, 2007 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2007-82 Oct 29, 2007 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2007-75 Sep 24, 2007 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for September 2007 and the resul… (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2007-68 Aug 27, 2007 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for August 2007 and the resultin… (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2007-61 Jul 23, 2007 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for July 2007 and the resulting … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2007-51 Jun 25, 2007 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for June 2007 and the resulting … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2007-33 May 21, 2007 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for May 2007 and the resulting p… (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2007-32 Apr 23, 2007 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for April 2007 and the resulting… (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2007-27 Mar 26, 2007 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for March 2007 and the resulting… (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2007-20 Feb 26, 2007 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for February 2007 and the result… (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2007-12 Jan 29, 2007 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for January 2007 and the resulti… (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2006-111 Dec 26, 2006 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for December 2006 and the result… (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2006-105 Dec 11, 2006 — Minimum funding standards; alternative deficit reduction contribution. This notice describes how a commercial passenger airline may make an election of an alte… (l)(l)(12)(l)(12)(D)(ii)
Notice 2006-104 Nov 27, 2006 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for November 2006 and the result… (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2006-94 Oct 23, 2006 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for October 2006 and the resulti… (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2006-80 Oct 2, 2006 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for September 2006 and the resul… (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2006-75 Sep 5, 2006 — Weighted average interest rate modifications; corporate bond weighted average. This notice extends the use of the corporate bond weighted average interest rate… (b)(5)(b)(5)(A)(b)(5)(B)(b)(5)(B)(ii)(b)(5)(B)(ii)(II)(c)(7)(E)
Notice 2006-74 Aug 28, 2006 — Weighted average interest rate update; 30-year Treasury securities. The weighted average interest rate for August 2006 and the resulting permissible range of i… (b)(5)(B)(c)(7)(l)(l)(7)(C)(i)
Notice 2006-66 Jul 24, 2006 — Weighted average interest rate update; 30-year Treasury securities. The weighted average interest rate for July 2006 and the resulting permissible range of int… (b)(5)(B)(c)(7)(l)(l)(7)(C)(i)
Notice 2006-55 Jun 19, 2006 — Weighted average interest rate update; 30-year Treasury securities. The weighted average interest rate for June 2006 and the resulting permissible range of int… (b)(5)(B)(c)(7)(l)(l)(7)(C)(i)
Notice 2006-49 May 30, 2006 — Weighted average interest rate update; 30-year Treasury securities. The weighted average interest rate for May 2006 and the resulting permissible range of inte… (b)(5)(B)(c)(7)(l)(l)(7)(C)(i)
Notice 2006-39 Apr 24, 2006 — Weighted average interest rate update; 30-year Treasury securities. The weighted average interest rate for April 2006 and the resulting permissible range of in… (b)(5)(B)(c)(7)(l)(l)(7)(C)(i)
Notice 2006-19 Feb 27, 2006 — Weighted average interest rate update; 30-year Treasury securities. The weighted average interest rate for February 2006 and the resulting permissible range of… (b)(5)(B)(c)(7)(l)(l)(7)(C)(i)
Notice 2006-8 Jan 30, 2006 — Weighted average interest rate update; 30-year Treasury securities. The weighted average interest rate for January 2006 and the resulting permissible range of … (b)(5)(B)(c)(7)(l)(l)(7)(C)(i)
Notice 2005-96 Dec 27, 2005 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for December 2005 and the result… (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2005-72 Nov 21, 2005 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for November 2005 and the result… (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2005-84 Nov 14, 2005 — Minimum funding standards; disaster relief. As a result of the enactment of section 403(b) of the Katrina Emergency Tax Relief Act of 2005, the Internal Revenu… (a)(c)(10)(d)(d)(4)(m)(m)(1)
Notice 2005-67 Oct 3, 2005 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for September 2005 and the resul… (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2005-60Superseded Sep 26, 2005 — Minimum funding standards; disaster relief. The Internal Revenue Service, the Employee Benefits Security Administration of the Department of Labor, and the Pen… (a)(c)(10)(d)(d)(4)(m)(m)(1)
Superseded by Notice 2005-84
Notice 2005-63 Aug 29, 2005 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for August 2005 and the resultin… (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2005-54 Jul 25, 2005 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for July 2005 and the resulting … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)
Notice 2005-46 Jun 27, 2005 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for June 2005 and the resulting … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)
Notice 2005-39 May 23, 2005 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for May 2005 and the resulting p… (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)
Notice 2005-40 May 23, 2005 — Election to defer a net experience loss; notice to Pension Benefit Guaranty Corporation; notice to plan participants and beneficiaries; notice to employers; no… (a)(b)(b)(2)(B)(iv)(b)(5)(A)(b)(7)(b)(7)(F)
Notice 2005-34 Apr 25, 2005 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for April 2005 and the resulting… (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2005-26 Mar 21, 2005 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for March 2005 and the resulting… (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)
Notice 2005-19 Feb 28, 2005 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for February 2005 and the result… (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)
Notice 2005-9 Jan 24, 2005 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for January 2005 and the resulti… (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2004-82 Dec 20, 2004 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for December 2004 and the result… (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2004-77 Nov 22, 2004 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for November 2004 and the result… (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)
Notice 2004-69 Oct 25, 2004 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for October 2004 and the resulti… (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)
Notice 2004-60 Oct 4, 2004 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for September 2004 and the resul… (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2004-62 Oct 4, 2004 — Minimum funding standards; disaster relief. The Service, the Employee Benefits Security Administration (EBSA) of the Department of Labor, and the Pension Benef… (a)(c)(10)(d)(d)(4)(m)(m)(1)
Notice 2004-59 Sep 7, 2004 — Alternative deficit reduction election; amendment following election. This notice provides guidance on the restrictions that are placed on plan amendments foll… (c)(12)(c)(8)(d)(1)(i)(l)(l)(12)(l)(12)(B)
Notice 2004-56 Aug 30, 2004 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for August 2004 and the resultin… (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2004-51 Jul 26, 2004 — Weighted average interest rate update; corporate bond indexes; 30-year Treasury securities. The weighted average interest rate for July 2004 and the resulting … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2004-42 Jun 21, 2004 — Weighted average interest rate update; corporate bond indexes; 30-year Treasury securities. The weighted average interest rate for June 2004 and the resulting … (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)(C)(i)
Notice 2004-40 Jun 7, 2004 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities. The weighted average interest rate for May 2004 and the resulting p… (b)(5)(B)(ii)(b)(5)(B)(ii)(II)(l)(l)(7)
Notice 2004-32 May 3, 2004 — Weighted average interest rate update. The weighted average interest rate for April 2004 and the resulting permissible range of interest rates used to calculat… (b)(5)(B)(l)(l)(7)
Notice 2004-34 May 3, 2004 — Minimum funding standards; interest rates; section 101 of Pension Funding Equity Act. This notice describes the method for determining the permissible range of… (b)(5)(b)(5)(A)(b)(5)(B)(b)(5)(B)(ii)(II)(c)(7)(E)(l)
Notice 2004-24 Mar 29, 2004 — Weighted average interest rate update. The weighted average interest rate for March 2004 and the resulting permissible range of interest rates used to calculat… (b)(5)(B)(l)(l)(7)
Notice 2004-14 Mar 1, 2004 — Weighted average interest rate update. The weighted average interest rate for February 2004 and the resulting permissible range of interest rates used to calcu… (b)(5)(B)(l)(l)(7)
Notice 2004-3 Feb 2, 2004 — Weighted average interest rate update. The weighted average interest rate for January 2004 and the resulting permissible range of interest rates used to calcul… (b)(5)(B)(l)
Notice 2003-80 Dec 22, 2003 — Weighted average interest rate update. The weighted average interest rate for December 2003 and the resulting permissible range of interest rates used to calcu… (b)(5)(B)(c)(7)(l)(l)(7)(C)
Notice 2003-74 Nov 24, 2003 — Weighted average interest rate update. The weighted average interest rate for November 2003 and the resulting permissible range of interest rates used to calcu… (b)(5)(B)(c)(7)(l)(l)(7)(l)(7)(C)
Notice 2003-61 Oct 20, 2003 — Weighted average interest rate update. The weighted average interest rate for October 2003 and the resulting permissible range of interest rates used to calcul… (b)(5)(B)(c)(7)(l)(l)(7)(C)
Notice 2003-62 Sep 22, 2003 — Mortality tables; retirement plans. This notice seeks public comments with respect to the mortality tables in effect under section 412(l)(7)(C) of the Code and… (l)(l)(7)(l)(7)(C)(ii)(l)(7)(C)(ii)(I)(l)(7)(C)(ii)(II)(l)(7)(C)(ii)(III)
Notice 2003-63 Sep 22, 2003 — Weighted average interest rate update. The weighted average interest rate for September 2003 and the resulting permissible range of interest rates used to calc… (b)(5)(B)(c)(7)(l)(l)(7)(C)(l)(7)(C)(i)
Notice 2003-58 Sep 2, 2003 — Weighted average interest rate update. The weighted average interest rate for August 2003 and the resulting permissible range of interest rates used to calcula… (b)(5)(B)(c)(7)(l)(l)(7)(l)(7)(C)
Notice 2003-48 Jul 28, 2003 — Weighted average interest rate update. The weighted average interest rate for July 2003 and the resulting permissible range of interest rates used to calculate… (b)(5)(B)(c)(7)(l)(l)(7)(C)

Final Rules

80 FR 54374 Sep 9, 2015 — Determination of Minimum Required Pension Contributions (c)(c)(1)(C)(c)(3)(d)(2)(l)(l)(6)

Announcements

Ann. 2015-3 Jan 20, 2015 — This announcement provides automatic approval of a change in funding method with respect to a single-employer defined benefit plan under certain circumstances … (c)(5)(d)(1)
Ann. 2004-43Modified May 24, 2004 — Alternative deficit reduction election; notice to Pension Benefit Guaranty Corporation (PBGC) and plan participants and beneficiaries. This announcement descri… (b)(5)(ii)(III)(c)(7)(c)(7)(E)(l)(l)(12)(l)(7)(C)(i)(II)
Modified by Notice 2006-105
Ann. 2004-38Modified May 3, 2004 — Minimum funding standards; alternative deficit reduction election. This announcement describes how an election to make an alternative deficit reduction contrib… (l)(l)(12)(l)(12)(B)(l)(6)
Modified by Notice 2006-105

Revenue Rulings

Rev. Rul. 2004-21 Mar 8, 2004 — Nondiscrimination; section 412(i) plan. This ruling provides an example where a plan that is funded, in whole or in part, with life insurance contracts may not… (i)
Rev. Rul. 2004-20 Mar 8, 2004 — Section 412(i) plans; deductibility; listed transactions. This ruling gives an example where a qualified pension plan cannot be a section 412(i) plan if the pl… (b)(2)(iii)(b)(2)(iv)(h)(2)(i)(i)(2)(i)(3)
Rev. Rul. 2003-88 Aug 11, 2003 — Section 4971; running of statute of limitations; and filing of form. This ruling states that the filing of a Form 5330, and not the filing of a Form 5500, star… (a)(m)(5)
Rev. Rul. 2003-83 Jul 28, 2003 — Minimum funding; entry age normal; reasonableness. This ruling addresses two situations where the aggregate entry age normal method of funding is not a reasona… (c)(2)(c)(3)

Delegation Orders

Deleg. Order 7-8 — Retroactive Plan Amendments (d)(2)
Deleg. Order 7-9 — Determination if Plan Amendment is Reasonable and Has De Minimis Effect on Plan Liability (c)(7)(B)(i)

PBGC

Opinion Letters

PBGC Op. Ltr. 2002-1 Dec 10, 2002 — Termination, Restoration (c)(c)(4)(i)
PBGC Op. Ltr. 2001-1 Feb 6, 2001 — Becau se the la nguag e of the c ited statu tes is iden tical, thi s letter h ereina fter will (a)(m)(n)(n)(1)

Also cited in 243 other documents

IRS / Treasury

Notices

Notice 2026-57 Oct 13, 2026 — Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates
Notice 2026-44 Aug 3, 2026 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for June 2026 used under § 417(e)(3)(D), the 24-…
Notice 2026-38 Jul 6, 2026 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for May 2026 used under § 417(e)(3)(D), the 24-m…
Notice 2026-34 Jun 1, 2026 — 2026 Cumulative List of Changes in Plan Qualification Requirements for Defined Benefit Qualified Pre-approved Plans
Notice 2026-31 Jun 1, 2026 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for April 2026 used under § 417(e)(3)(D), the 24…
Notice 2026-27 May 18, 2026 — This notice specifies updated static mortality tables to be used for defined benefit pension plans under § 430(h)(3)(A) of the Code and section 303(h)(3)(A) of… (a)(2)
Notice 2026-19 Apr 6, 2026 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for February 2026 used under § 417(e)(3)(D), the…
Notice 2026-14 Mar 9, 2026 — Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates
Notice 2026-12 Feb 2, 2026 — Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates
Notice 2025-73 Dec 15, 2025 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for September 2025 used under § 417(e)(3)(D), th…
Notice 2025-74 Dec 15, 2025 — Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates
Notice 2025-47 Sep 29, 2025 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for August 2025 used under § 417(e)(3)(D), the 2…
Notice 2025-39 Aug 4, 2025 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for June 2025 used under § 417(e)(3)(D), the 24-…
Notice 2025-40 Jul 28, 2025 — This notice specifies updated static mortality tables to be used for defined benefit pension plans under § 430(h)(3)(A) of the Code and section 303(h)(3)(A) of… (a)(2)
Notice 2025-29 Jun 2, 2025 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for April 2025 used under § 417(e)(3)(D), the 24…
Notice 2025-21 May 5, 2025 — Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates
Notice 2025-13 Feb 3, 2025 — Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates
Notice 2025-1 Jan 13, 2025 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for November 2024 used under § 417(e)(3)(D), the…
Notice 2024-81 Dec 2, 2024 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for October 2024 used under § 417(e)(3)(D), the …
Notice 2024-76 Nov 4, 2024 — Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates
Notice 2024-77 Nov 4, 2024 — Guidance Under Sections 414(aa) and 402(c)(12) of the Internal Revenue Code with Respect to Inadvertent Benefit Overpayments
Notice 2024-67 Oct 7, 2024 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for August 2024 used under § 417(e)(3)(D), the 2…
Notice 2024-62 Sep 3, 2024 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for July 2024 used under § 417(e)(3)(D), the 24-…
Notice 2024-59 Aug 5, 2024 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for June 2024 used under § 417(e)(3)(D), the 24-…
Notice 2024-53 Jul 1, 2024 — Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates
Notice 2024-42 Jun 17, 2024 — This notice specifies updated static mortality tables to be used for defined benefit pension plans under § 430(h)(3)(A) of the Code and section 303(h)(3)(A) of… (a)(2)
Notice 2024-34 Apr 29, 2024 — Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates
Notice 2024-29 Apr 1, 2024 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for February 2024 used under § 417(e)(3)(D), the…
Notice 2024-21 Feb 5, 2024 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for January 2024 used under § 417(e)(3)(D), the …
Notice 2024-4 Jan 8, 2024 — Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates
Notice 2023-76 Dec 4, 2023 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for November 2023 used under § 417(e)(3)(D), the…
Notice 2023-72 Nov 6, 2023 — Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates
Notice 2023-66 Oct 2, 2023 — Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates
Notice 2023-61 Aug 28, 2023 — Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates
Notice 2023-53 Aug 7, 2023 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for July 2023 used under § 417(e)(3)(D), the 24-…
Notice 2023-48 Jul 3, 2023 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for June 2023 used under § 417(e)(3)(D), the 24-…
Notice 2023-40 May 30, 2023 — Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates
Notice 2023-33 May 1, 2023 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for April 2023 used under § 417(e)(3)(D), the 24…
Notice 2023-25 Apr 3, 2023 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for March 2023 used under § 417(e)(3)(D), the 24…
Notice 2023-19 Mar 13, 2023 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for February 2023 used under § 417(e)(3)(D), the…
Notice 2023-12 Feb 6, 2023 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for January 2023 used under § 417(e)(3)(D), the …
Notice 2023-5 Jan 9, 2023 — Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates
Notice 2022-54 Nov 7, 2022 — Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates
Notice 2022-40 Oct 3, 2022 — Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates
Notice 2022-35 Sep 6, 2022 — Notice 2022-35 provides guidance on the corporate bond monthly yield curve, the corresponding spot segment rates used under §417(e)(3), and the 24-month averag…
Notice 2022-22 May 16, 2022 — Updated Mortality Improvement Rates and Static Mortality Tables for Defined Benefit Pension Plans for 2023 (a)(2)
Notice 2022-16 May 2, 2022 — Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates
Notice 2022-14 Apr 4, 2022 — Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates
Notice 2022-7 Feb 7, 2022 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for November 2021 used under § 417(e)(3)(D), the…
Notice 2022-2 Jan 10, 2022 — Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates
Notice 2021-62 Dec 6, 2021 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for November 2021 used under § 417(e)(3)(D), the…
Notice 2021-60 Nov 8, 2021 — Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates
Notice 2021-57 Nov 1, 2021 — Notice 2021-57 provides guidance to multiemployer defined benefit pension plan sponsors and actuaries on the application of funding relief under IRC § 431 and … (a)(2)(C)(b)(3)
Notice 2021-54 Oct 12, 2021 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for September 2021 used under § 417(e)(3)(D), th…
Notice 2021-48 Aug 16, 2021 — Guidance on Single-Employer Defined Benefit Pension Plan Funding Changes under the American Rescue Plan Act of 2021
Notice 2021-44 Aug 2, 2021 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for July 2021 used under § 417(e)(3)(D), the 24-…
Notice 2021-37 Jun 28, 2021 — Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates
Notice 2021-33 Jun 7, 2021 — Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates
Notice 2021-27 May 3, 2021 — Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates
Notice 2021-22 Mar 23, 2021 — Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates
Notice 2021-16 Mar 8, 2021 — Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates
Notice 2021-9 Feb 1, 2021 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for January 2021 used under § 417(e)(3)(D), the …
Notice 2020-86Modified Dec 28, 2020 — Guidance on Sections 102 and 103 of the SECURE Act With Respect to Safe Harbor Plans (c)(2)(A)
Modified by Notice 2022-33
Notice 2020-64 Aug 31, 2020 — Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates
Notice 2020-57 Aug 3, 2020 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for July 2020 used under § 417(e)(3)(D), the 24-…
Notice 2020-45 Jun 29, 2020 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for June 2020 used under § 417(e)(3)(D), the 24-…
Notice 2020-35 Jun 15, 2020 — Notice 2020-35 postpones deadlines for certain specified time-sensitive actions with respect to certain employment taxes, employee benefit plans, exempt organi… (c)(c)(5)
Notice 2020-37 Jun 1, 2020 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for May 2020 used under § 417(e)(3)(D), the 24-m…
Notice 2020-27 May 4, 2020 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for April 2020 used under § 417(e)(3)(D), the 24…
Notice 2020-11 Mar 9, 2020 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for February 2020 used under § 417(e)(3)(D), the…
Notice 2019-61 Dec 2, 2019 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for November 2019 used under § 417(e)(3)(D), the…
Notice 2019-56 Nov 4, 2019 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for October 2019 used under § 417(e)(3)(D), the …
Notice 2019-26 Apr 8, 2019 — This notice sets forth the updated mortality improvement rates and static mortality tables that are used for purposes of determining minimum funding requiremen… (a)(2)
Notice 2019-21 Apr 1, 2019 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for March 2019 used under § 417(e)(3)(D), the 24…
Notice 2019-16 Mar 4, 2019 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for February 2019 used under § 417(e)(3)(D), the…
Notice 2019-13 Feb 19, 2019 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for January 2019 used under § 417(e)(3)(D), the …
Notice 2018-22 Apr 2, 2018 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for March 2018 used under § 417(e)(3)(D), the 24…
Notice 2018-11 Mar 12, 2018 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for February 2018 used under § 417(e)(3)(D), the…
Notice 2018-16 Mar 5, 2018 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for February 2018 used under § 417(e)(3)(D), the…
Notice 2018-2 Jan 8, 2018 — This notice sets forth the updated mortality improvement rates and static mortality tables that are used for purposes of determining minimum funding requiremen… (a)(2)
Notice 2017-76 Dec 26, 2017 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for December 2017 used under § 417(e)(3)(D), the…
Notice 2017-69 Nov 27, 2017 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for November 2017 used under § 417(e)(3)(D), the…
Notice 2017-60 Oct 23, 2017 — This notice sets forth the mortality table that is used for purposes of determining minimum present value under § 417(e)(3) of the Internal Revenue Code for 20… (a)(2)
Notice 2017-50 Oct 10, 2017 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for September 2017 used under § 417(e)(3)(D), th…
Notice 2017-49 Oct 2, 2017 — This notice provides relief in connection with certain employee benefit plans because of damage caused by Hurricanes Harvey and Irma. The relief provided by th… (a)(c)(c)(5)
Notice 2017-43 Sep 5, 2017 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for August 2017 used under § 417(e)(3)(D), the 2…
Notice 2017-34 Jun 26, 2017 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for June 2017 used under § 417(e)(3)(D), the 24-…
Notice 2017-27 May 8, 2017 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for April 2017 used under § 417(e)(3)(D), the 24…
Notice 2017-22 Mar 27, 2017 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for March 2017 used under § 417(e)(3)(D), the 24…
Notice 2017-18 Feb 27, 2017 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for February 2017 used under § 417(e)(3)(D), the…
Notice 2017-13 Feb 6, 2017 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for January 2017 used under § 417(e)(3)(D), the …
Notice 2016-78 Dec 27, 2016 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for December 2016 used under § 417(e)(3)(D), the…
Notice 2016-54 Oct 3, 2016 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for September 2016 used under § 417(e)(3)(D), th…
Notice 2016-50 Sep 19, 2016 — This notice provides updated static mortality tables to be used for defined benefit pension plans under § 430(h)(3)(A) of the Internal Revenue Code (Code) and … (a)(2)
Notice 2016-47 Aug 29, 2016 — This notice provides guidance on the corporate bond monthly yield curve, the corresponding spot segment rates used under § 417(e)(3), and the 24-month average …
Notice 2016-46 Aug 1, 2016 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for July 2016 used under § 417(e)(3)(D), the 24-…
Notice 2016-38 Jun 27, 2016 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for June 2016 used under § 417(e)(3)(D), the 24-…
Notice 2016-25 Mar 28, 2016 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for March 2016 used under § 417(e)(3)(D), the 24…
Notice 2016-18 Feb 29, 2016 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for February 2016 used under § 417(e)(3)(D), the…
Notice 2015-85 Dec 28, 2015 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for December 2015 used under § 417(e)(3)(D), the…
Notice 2015-80 Nov 30, 2015 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for November 2015 used under § 417(e)(3)(D), the…
Notice 2015-71 Oct 26, 2015 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for October 2015 used under § 417(e)(3)(D), the …
Notice 2015-61 Sep 28, 2015 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for September 2015 used under § 417(e)(3)(D), th…
Notice 2015-55 Aug 24, 2015 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for August 2015 used under § 417(e)(3)(D), the 2…
Notice 2015-53 Aug 17, 2015 — This notice provides updated static mortality tables to be used for defined benefit pension plans for purposes of calculating the funding target and other item… (a)(2)(l)(7)
Notice 2015-50 Jul 27, 2015 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for July 2015 used under § 417(e)(3)(D), the 24-…
Notice 2015-42 Jun 29, 2015 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for June 2015 used under § 417(e)(3)(D), the 24-…
Notice 2015-31 Apr 27, 2015 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for March 2015 used under § 417(e)(3)(D), the 24…
Notice 2015-24 Mar 30, 2015 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for February 2015 used under § 417(e)(3)(D), the…
Notice 2015-19 Mar 2, 2015 — This notice provides guidance on the corporate bond monthly yield curve, the corresponding spot segment rates used under § 417(e)(3), and the 24-month average …
Notice 2015-5 Feb 2, 2015 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for December 2014 used under § 417(e)(3)(D), the…
Notice 2014-78 Dec 29, 2014 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for November 2014 used under § 417(e)(3)(D), the…
Notice 2014-73 Dec 1, 2014 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for October 2014 used under § 417(e)(3)(D), the …
Notice 2014-62 Oct 27, 2014 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for September 2014 used under § 417(e)(3)(D), th…
Notice 2014-50 Sep 29, 2014 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for August 2014 used under § 417(e)(3)(D), the 2…
Notice 2014-48 Sep 2, 2014 — This notice sets forth updates on the corporate bond monthly yield curve, the corresponding spot segment rates for July 2014 used under § 417(e)(3)(D), the 24-…
Notice 2014-43 Jul 28, 2014 — This notice contains updates for the corporate bond weighted average interest rate for plan years beginning in July 2014; the 24-month average segment rates; t…
Notice 2014-41 Jun 30, 2014 — This notice contains updates for the corporate bond weighted average interest rate for plan years beginning in June 2014; the 24-month average segment rates; t…
Notice 2014-16 Mar 31, 2014 — This notice contains updates for the corporate bond weighted average interest rate for plan years beginning in March 2014; the 24-month average segment rates; …
Notice 2014-8 Jan 27, 2014 — This notice contains updates for the corporate bond weighted average interest rate for plan years beginning in January 2014; the 24 month average segment rates…
Notice 2013-85 Dec 23, 2013 — This notice contains updates for the corporate bond weighted average interest rate for plan years beginning in December 2013; the 24-month average segment rate…
Notice 2013-75 Dec 2, 2013 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond …
Notice 2013-66 Nov 12, 2013 — This notice contains updates for the corporate bond weighted average interest rate for plan years beginning in October 2013; the 24-month average segment rates…
Notice 2013-58 Sep 30, 2013 — This notice contains updates for the corporate bond weighted average interest rate for plan years beginning in September 2013; the 24-month average segment rat…
Notice 2013-52 Aug 26, 2013 — This notice contains updates for the corporate bond weighted average interest rate for plan years beginning in August 2013; the 24-month average segment rates;…
Notice 2013-46 Jul 29, 2013 — This notice contains updates for the corporate bond weighted average interest rate for plan years beginning in July 2013; the 24-month average segment rates; t…
Notice 2013-37 Jun 24, 2013 — This notice contains updates for the corporate bond weighted average interest rate for plan years beginning in June 2013; the 24-month average segment rates; t…
Notice 2013-28 May 6, 2013 — This notice contains updates for the corporate bond weighted average interest rate for plan years beginning in April 2013; the 24-month average segment rates; …
Notice 2013-6 Mar 4, 2013 — Weighted average interest rate update; corporate bond indices; 30-year Treasury securities; segment rates. This notice contains updates for the corporate bond …
Notice 2012-46 Jul 23, 2012 — This notice provides guidance in the form of questions and answers with respect to the notice requirements of section 101(j) of the Employee Retirement Income …
Notice 2011-96Modified Dec 27, 2011 — This notice provides a sample plan amendment that plan sponsors may adopt to satisfy section 436 of the Code regarding limitations on the accrual and payment o… (e)(3)
Modified by Notice 2012-70
Notice 2010-90 Dec 27, 2010 — This notice contains the 2010 Cumulative List of Changes in Plan Qualification Requirements (2010 Cumulative List) described in section 4 of Rev. Proc. 2007-44… (i)
Notice 2009-97 Dec 28, 2009 — This notice extends the deadline for amending qualifed retirement plans to meet certain requirements of the Code that were added by the Pension Protection Act …
Notice 2009-98 Dec 28, 2009 — Retirement plans; qualification, list of changes. This notice sets forth a list of changes referred to in Rev. Proc. 2007-44, 2007-2 C.B. 54, pertaining to the… (i)
Notice 2009-71 Aug 31, 2009 — Special rules governing eligible combined plans. The Treasury Department and the Service plan to issue guidance relating to eligible combined plans under secti…
Notice 2008-108 Dec 15, 2008 — Retirement plans; qualification, list of changes. This notice sets forth a list of changes referred to in Rev. Proc. 2007-44, 2007-2 C.B. 54, pertaining to the… (i)
Notice 2008-87 Oct 20, 2008 — This notice provides relief for funding deadlines and other requirements for plans in certain counties affected by Hurricane Ike. Relief is provided pursuant t… (a)(c)(c)(10)(c)(5)(d)(d)(4)
Notice 2008-30 Mar 24, 2008 — Distributions; various issues; Pension Protection Act of 2006 (PPA ’06). This notice provides guidance in the form of questions and answers with respect to cer…
Notice 2008-21 Feb 19, 2008 — Funding; effective date; proposed regulations under sections 430 and 436. This notice alerts taxpayers of a uniform effective date of certain proposed regulati… (c)(10)(c)(2)(l)(7)
Notice 2007-94 Dec 17, 2007 — Retirement plans; qualification, list of changes. This notice sets forth a list of changes referred to in Rev. Proc. 2007-44, 2007-28 I.R.B. 54, pertaining to … (i)
Notice 2007-28 Apr 2, 2007 — Deductibility; contributions; sections 801 and 803 of the Pension Protection Act of 2006. This notice addresses, in question and answer format, the deductibili…
Notice 2007-6 Jan 16, 2007 — Cash balance defined benefit pension plans; transition rules; request for comments. This notice announces that the Service is beginning to process determinatio… (b)(5)(B)(ii)(II)
Notice 2007-3Modified Jan 8, 2007 — Retirement plans; qualification, list of changes. This notice sets forth a list of changes referred to in Rev. Proc. 2005-66, 2005-2 C.B. 509, pertaining to th… (i)
Modified by Notice 2007-69
Notice 2006-89Modified Oct 23, 2006 — Section 906 of Pension Protection Act of 2006; transition rule. This notice provides transition relief for plans of Indian tribal governments to comply with th…
Modified by Notice 2007-67
Notice 2005-101 Dec 27, 2005 — Retirement plans; qualification, list of changes. This notice sets forth a list of changes referred to in Rev. Proc. 2005-66 pertaining to the statutory, regul… (i)
Notice 2026-26 — Update for Weighted Average Interest Rates, Yield Curves, and Segment Rates

Revenue Procedures

Rev. Proc. 2026-4Modified Dec 29, 2025 — This revenue procedure contains updates relating to the types of advice the Internal Revenue Service provides to taxpayers on issues under the jurisdiction of … (c)(7)(B)(i)
Modified by Rev. Proc. 2026-30
Rev. Proc. 2025-4Superseded Dec 30, 2024 — This document updates Rev. Proc. 2024-4, 2024-1 IRB 160, relating to the types of advice the IRS provides to taxpayers on issues under the jurisdiction of the … (c)(7)(B)(i)
Superseded by Rev. Proc. 2026-4
Rev. Proc. 2024-32Modified Aug 19, 2024 — This revenue procedure updates the procedures in Rev. Proc. 2017-55 to set forth the procedure by which the sponsor of a defined benefit plan that is subject t… (a)(2)(A)
Modified by Rev. Proc. 2025-21
Rev. Proc. 2024-4Superseded Jan 2, 2024 — This document updates Rev. Proc. 2023-4, 2023-1 IRB 162, relating to the types of advice the IRS provides to taxpayers on issues under the jurisdiction of the … (c)(7)(B)(i)
Superseded by Rev. Proc. 2025-4
Rev. Proc. 2023-37 Dec 18, 2023 — This revenue procedure sets forth the rules regarding qualified pre-approved plans and section 403(b) pre-approved plans, and combines, conforms, clarifies, an… (e)(3)
Rev. Proc. 2023-4Superseded Jan 3, 2023 — This document updates Rev. Proc. 2022-4, 2022-1 IRB 161, relating to the types of advice the IRS provides to taxpayers on issues under the jurisdiction of the … (c)(7)(B)(i)
Superseded by Rev. Proc. 2024-4
Rev. Proc. 2022-4Superseded Jan 3, 2022 — This document updates Rev. Proc. 2021-4, 2021-1 IRB 157, relating to the types of advice the IRS provides to taxpayers on issues under the jurisdiction of the … (c)(7)(B)(i)
Superseded by Rev. Proc. 2023-4
Rev. Proc. 2021-30Modified Aug 2, 2021 — Rev. Proc. 2021-30 adds two new benefit overpayment correction methods that encourage employers to avoid seeking recoupment of benefit overpayments made to par…
Modified by Notice 2024-77
Rev. Proc. 2021-4Superseded Jan 4, 2021 — This document updates Rev. Proc. 2020-4, 2020-1 I.R.B. 148, relating to the types of advice the IRS provides to taxpayers on issues under the jurisdiction of t… (c)(7)(B)(i)
Superseded by Rev. Proc. 2022-4
Rev. Proc. 2020-4 Jan 2, 2020 — This revenue procedure contains information on the types of advice provided by the Commissioner, Tax Exempt and Government Entities Division, Employee Plans Ru… (c)(7)(B)(i)
Rev. Proc. 2019-4 Jan 2, 2019 — This procedure contains revised procedures for determination letters and letter rulings issued by the Commissioner, Tax Exempt Agreements Office. Rev. Proc. 20… (c)(7)(B)(i)
Rev. Proc. 2018-52 Oct 15, 2018 — The revenue procedure modifies and supersedes Rev. Proc. 2016–51, 2016–42 I.R.B. 465, which sets forth the Employee Plans Compliance Resolution System (“EPCRS”…
Rev. Proc. 2018-4 Jan 2, 2018 — This procedure contains revised procedures for determination letters and letter rulings issued by the Commissioner, Tax Exempt and Government Entities Division… (c)(7)(B)(i)
Rev. Proc. 2017-55Superseded Oct 23, 2017 — This revenue procedure sets forth the procedure by which the sponsor of a defined benefit plan that is subject to the funding requirements of § 430 of the Inte… (a)(2)(A)
Superseded by Rev. Proc. 2024-32
Rev. Proc. 2017-41Superseded Jul 17, 2017 — This revenue procedure modifies and supersedes, in part, Rev. Proc. 2015–36, 2015–27 I.R.B. 20, which sets forth the procedures for issuing opinion and advisor… (e)(3)
Superseded by Rev. Proc. 2023-37
Rev. Proc. 2017-4 Jan 3, 2017 — This procedure contains consolidated and revised procedures for determination letters and letter rulings issued by the Commissioner, Tax Exempt and Government …
Rev. Proc. 2016-51 Oct 17, 2016 — This revenue procedure updates the comprehensive system of correction programs for sponsors of retirement plans that are intended to satisfy the requirements o…
Rev. Proc. 2016-6 Jan 4, 2016 — Revised procedures are provided for issuing determination letters on the qualified status of employee plans under sections 401(a), 403(a), 409 and 4975 of the …
Rev. Proc. 2015-36 Jul 6, 2015 — This revenue procedure modifies Rev. Proc. 2011–49 by expanding the scope of the pre-approved program to include defined benefit plans containing cash balance … (d)(e)(3)
Rev. Proc. 2015-6 Jan 2, 2015 — Revised procedures are provided for issuing determination letters on the qualified status of employee plans under sections 401(a), 403(a), 409 and 4975 of the …
Rev. Proc. 2014-4 Jan 2, 2014 — Rulings and information letters; issuance procedures. Revised procedures are provided for furnishing ruling letters, information letters, etc., on matters rela… (c)(7)(B)(i)(d)(2)
Rev. Proc. 2014-6 Jan 2, 2014 — Employee plans determination letters. Revised procedures are provided for issuing determination letters on the qualified status of employee plans under section…
Rev. Proc. 2014-8 Jan 2, 2014 — User fees for employee plans and exempt organizations. Current guidance for complying with the user fee program of the Service as it pertains to requests for l… (c)(5)(c)(8)(d)(e)(f)(2)(A)
Rev. Proc. 2013-6 Jan 2, 2013 — Employee plans determination letters. Revised procedures are provided for issuing determination letters on the qualified status of employee plans under section…
Rev. Proc. 2012-6Superseded Jan 3, 2012 — Employee plans determination letters. Revised procedures are provided for issuing determination letters on the qualified status of employee plans under section…
Superseded by Rev. Proc. 2013-6
Rev. Proc. 2011-49Modified Oct 31, 2011 — This procedure sets forth the procedures of the Service for issuing opinion and advisory letters regarding the acceptability under sections 401 and 403(a) of t… (d)(e)(3)
Modified by Rev. Proc. 2013-6; Modified by Ann. 2013-37; Modified by Rev. Proc. 2012-6; Modified by Ann. 2012-3
Rev. Proc. 2011-44 Sep 26, 2011 — This procedure supplements the procedures for requesting a letter ruling under section 414(e) of the Code relating to church plans. This procedure requires tha…
Rev. Proc. 2011-6Superseded Jan 3, 2011 — Employee plans determination letters. Revised procedures are provided for issuing determination letters on the qualified status of employee plans under section…
Superseded by Rev. Proc. 2012-6
Rev. Proc. 2010-52 Dec 27, 2010 — This document describes the procedure by which the plan sponsor of a multiemployer pension plan may request and obtain approval of an extension of an amortizat… (e)
Rev. Proc. 2010-6Superseded Jan 4, 2010 — Employee plans determination letters. Revised procedures are provided for issuing determination letters on the qualified status of employee plans under section…
Superseded by Rev. Proc. 2011-6
Rev. Proc. 2009-6Superseded Jan 5, 2009 — Employee plans determination letters. Revised procedures are provided for issuing determination letters on the qualified status of employee plans under section…
Superseded by Rev. Proc. 2010-6
Rev. Proc. 2008-67Superseded Dec 1, 2008 — This document sets forth the procedure by which the sponsor of a multiemployer pension plan may request and obtain approval of an extension of an amortization … (e)
Superseded by Rev. Proc. 2010-52
Rev. Proc. 2008-62 Oct 20, 2008 — This document sets forth the procedure by which the sponsor of a defined benefit plan, other than a multiemployer plan, may request and obtain approval for the… (l)
Rev. Proc. 2008-50 Sep 2, 2008 — This procedure updates the comprehensive system of correction programs for sponsors of retirement plans that are intended to satisfy the requirements of sectio…
Rev. Proc. 2008-6Superseded Jan 7, 2008 — Employee plans determination letters. Revised procedures are provided for issuing determination letters on the qualified status of employee plans under section…
Superseded by Rev. Proc. 2009-6
Rev. Proc. 2007-37 Jun 18, 2007 — Funding; substitute mortality tables; non-multiemployer defined benefit plans. This procedure provides guidelines for requesting letter rulings for substitute …
Rev. Proc. 2007-6Superseded Jan 2, 2007 — Employee plans determination letters. Revised procedures are provided for issuing determination letters on the qualified status of employee plans under section…
Superseded by Rev. Proc. 2008-6
Rev. Proc. 2006-27Superseded May 30, 2006 — Administrative programs; correction programs. This procedure updates and expands upon the Service’s comprehensive Employee Plans Compliance Resolution System (…
Superseded by Rev. Proc. 2008-50
Rev. Proc. 2006-6Superseded Jan 3, 2006 — Employee plans determination letters. Revised procedures are provided for issuing determination letters on the qualified status of employee plans under section…
Superseded by Rev. Proc. 2007-6
Rev. Proc. 2005-6Superseded Jan 3, 2005 — Employee plans determination letters. Revised procedures are provided for issuing determination letters on the qualified status of employee plans under section…
Superseded by Rev. Proc. 2006-6
Rev. Proc. 2004-6Superseded Jan 5, 2004 — Employee plans determination letters. Revised procedures are provided for issuing determination letters on the qualified status of employee plans under section… (d)
Superseded by Rev. Proc. 2005-6

Final Rules

89 FR 61343 Jul 31, 2024 — Plan-Specific Substitute Mortality Tables for Determining Present Value
89 FR 2127 Jan 12, 2024 — Corporate Bond Yield Curve for Determining Present Value
88 FR 72357 Oct 20, 2023 — Mortality Tables for Determining Present Value Under Defined Benefit Pension Plans (l)(7)(C)(iii)(I)
88 FR 11984 Feb 24, 2023 — Annual Information Return/Reports
82 FR 46388 Oct 5, 2017 — Mortality Tables for Determining Present Value Under Defined Benefit Pension Plans
81 FR 25540 Apr 28, 2016 — Suspension of Benefits Under the Multiemployer Pension Reform Act of 2014
80 FR 35207 Jun 19, 2015 — Suspension of Benefits Under the Multiemployer Pension Reform Act of 2014
79 FR 56442 Sep 19, 2014 — Additional Rules Regarding Hybrid Retirement Plans (b)(5)(B)(ii)(II)
78 FR 68735 Nov 15, 2013 — Reduction or Suspension of Safe Harbor Contributions (c)(c)(2)(A)(c)(2)(B)(c)(2)(D)(d)
77 FR 66915 Nov 8, 2012 — Amendment of Prohibited Payment Option Under Single-Employer Defined Benefit Plan of Plan Sponsor in Bankruptcy (d)(2)
75 FR 64123 Oct 19, 2010 — Hybrid Retirement Plans (b)(5)(B)(ii)(II)

Proposed Rules

88 FR 72409Proposed Oct 20, 2023 — Plan-Specific Substitute Mortality Tables for Determining Present Value
88 FR 41047Proposed Jun 23, 2023 — Corporate Bond Yield Curve for Determining Present Value Comments due Aug 22, 2023
88 FR 12282Proposed Feb 27, 2023 — Use of Forfeitures in Qualified Retirement Plans Comments due May 30, 2023
87 FR 25161Proposed Apr 28, 2022 — Mortality Tables for Determining Present Value Under Defined Benefit Pension Plans Comments due Jun 9, 2022
86 FR 39910Proposed Jul 23, 2021 — Electronic-Filing Requirements for Specified Returns and Other Documents Comments due Sep 21, 2021
81 FR 95911Proposed Dec 29, 2016 — Mortality Tables for Determining Present Value Under Defined Benefit Pension Plans
78 FR 53704Proposed Aug 30, 2013 — Employee Retirement Benefit Plan Returns Required on Magnetic Media
77 FR 37349Proposed Jun 21, 2012 — Amendment of Prohibited Payment Option Under Single-Employer Defined Benefit Plan of Plan Sponsor in Bankruptcy Comments due Aug 20, 2012 (d)(2)
REG-115699-09Proposed Jun 1, 2009 — Proposed regulations under section 401 of the Code contain proposed amendments to the regulations relating to certain cash or deferred arrangements and matchin… (c)(d)
REG-110136-07Proposed Apr 28, 2008 — Proposed regulations under section 4980F of the Code provide guidance relating to a plan amendment that is permitted to be effective before the plan amendment’… (c)(8)(d)(2)
REG-151135-07Proposed Apr 21, 2008 — Proposed regulations under section 432 of the Code provide additional rules for certain multiemployer defined benefit plans that are in effect on July 16, 2006… (e)
REG-104946-07Proposed Mar 17, 2008 — Proposed regulations provide guidance under sections 411(a)(13) and 411(b)(5) of the Code, which were added by the Pension Protection Act of 2006. Section 411(… (b)(5)(B)(ii)(II)
REG-139236-07Proposed Mar 3, 2008 — Proposed regulations under section 430 of the Code provide guidance on the valuation of plan assets and the determination of benefit liabilities for purposes o… (b)(5)(B)(ii)(II)(b)(7)(c)(12)(c)(2)(c)(3)(ii)(c)(3)(iii)
REG-113891-07Proposed Oct 15, 2007 — Part IV. Items of General Interest (b)(c)(c)(2)(l)(7)
REG-156518-04Proposed Sep 19, 2005 — Proposed regulations under section 411(d)(6) of the Code provide guidance relating to the anti-cutback rules. A public hearing is scheduled for December 6, 200… (c)(8)
REG-130241-04Proposed Jul 5, 2005 — Proposed regulations under section 415 of the Code contain proposed amendments to regulations regarding limitation on benefits and contributions under qualifie… (a)(d)
REG-152354-04Proposed Mar 28, 2005 — Proposed regulations under section 401(k) of the Code would provide guidance concerning the requirements for designated Roth contributions to qualified cash or…
REG-128309-03Proposed Apr 19, 2004 — Proposed regulations under section 411(d)(6) of the Code provide guidance on the conditions under which a plan amendment may eliminate or reduce an early retir… (c)(8)(l)
REG-108639-99Proposed Sep 2, 2003 — Proposed regulations under sections 401(k) and 401(m) of the Code provide guidance on the requirements for certain retirement plans containing cash or deferred… (d)
REG-112039-03Proposed Sep 2, 2003 — Proposed regulations under section 411 of the Code amend section 1.411(d)-4, of the regulations to reflect the addition of section 411(d)(6)(E) by the Economic…

Treasury Decisions

T.D. 9732 Sep 28, 2015 — These final regulations provide guidance on the determination of minimum required contributions for single-employer defined benefit pension plans and also cont… (c)(c)(1)(C)(c)(3)(d)(2)(l)(l)(6)
T.D. 9601 Mar 4, 2013 — Final regulations under section 411(d)(6) of the Code provide guidance under the anti-cutback rules, which generally prohibit plan amendments eliminating or re… (d)(2)
T.D. 9319 Apr 30, 2007 — Final regulations contain amendments to the regulations under section 415 of the Code regarding limitation on benefits and contributions under qualified plans.… (a)(d)
T.D. 9219 Sep 19, 2005 — Final regulations under section 411(d)(6) of the Code provide guidance relating to the anti-cutback rules and the notification requirements under section 4980F. (c)(8)(l)
T.D. 9081 Sep 2, 2003 — REG-129709-03 Temporary and proposed regulations under section 409(p) of the Code provide guidance concerning the requirements for employee stock ownership pla… (c)(7)

Revenue Rulings

Rev. Rul. 2012-3 Feb 21, 2012 — Application of survivor annuity requirements to deferred annuity contracts under a defined contribution plan. This ruling describes how the qualified joint and… (e)(2)(A)

Announcements

Ann. 2011-78 Dec 19, 2011 — This announcement describes rules that the Treasury Department and the IRS are considering proposing relating to the determination of whether a plan is a gover… (e)(2)(C)
Ann. 2011-79 Dec 19, 2011 — This announcement describes rules that the Treasury Department and the IRS are considering proposing relating to the determination of whether a plan of an Indi… (e)(2)(C)
Ann. 2010-3 Jan 25, 2010 — Automatic approval of changes in funding method for takeover plans and changes in pension valuation software. This announcement provides, for plan years beginn… (c)(5)
Ann. 2006-70 Oct 2, 2006 — Minimum funding standards; alternative funding schedule election. This announcement describes how to make an election of an alternative funding schedule pursua…
Ann. 2004-33 May 3, 2004 — Pre-approved employee plans; proposed revenue procedure; request for comments. This announcement describes and contains a draft proposed revenue procedure pert… (d)(i)

Delegation Orders

Deleg. Order 7-7 — Waiver of Excise Taxes Imposed Under Section 4971 and Section 4980F of the Internal Revenue Code (m)(5)(E)

PBGC

Final Rules

88 FR 4900 Jan 26, 2023 — Special Financial Assistance by PBGC-Withdrawal Liability Condition Exception (b)
87 FR 40968 Jul 8, 2022 — Special Financial Assistance by PBGC (a)(1)(b)
86 FR 36598 Jul 12, 2021 — Special Financial Assistance by PBGC (a)(1)
85 FR 6046 Feb 4, 2020 — Miscellaneous Corrections, Clarifications, and Improvements (b)(2)
80 FR 54980 Sep 11, 2015 — Reportable Events and Certain Other Notification Requirements (b)(b)(2)(c)(c)(11)(B)
79 FR 25667 May 6, 2014 — Benefits Payable in Terminated Single-Employer Plans; Limitations on Guaranteed Benefits; Shutdown and Similar Benefits (l)

Proposed Rules

78 FR 20039Proposed Apr 3, 2013 — Reportable Events and Certain Other Notification Requirements Comments due Jun 3, 2013 (b)(b)(2)(c)(c)(11)(B)(n)
76 FR 13304Proposed Mar 11, 2011 — Benefits Payable in Terminated Single-Employer Plans; Limitations on Guaranteed Benefits Comments due May 10, 2011 (l)

Opinion Letters

PBGC Op. Ltr. 1999-1 Jun 3, 1999 — Premiums (c)(7)

Department of Labor (EBSA)

Proposed Rules

86 FR 51488Proposed Sep 15, 2021 — Proposed Revision of Annual Information Return/Reports Comments due Nov 1, 2021
81 FR 47534Proposed Jul 21, 2016 — Proposed Revision of Annual Information Return/Reports Comments due Oct 4, 2016 (b)(b)(5)(B)(c)(7)(d)(1)(d)(2)(e)(2)
75 FR 70625Proposed Nov 18, 2010 — Annual Funding Notice for Defined Benefit Plans Comments due Jan 18, 2011 (c)(10)(B)(e)(3)

Final Rules

80 FR 5626 Feb 2, 2015 — Annual Funding Notice for Defined Benefit Plans (c)(10)(B)(d)(2)(e)(3)

Tax Court (32) · DOL/Federal (0)

U.S. Tax Court (32)

Rulings that address this provision

Pizza Pro Equipment Leasing, Inc. v. Commissioner, 147 T.C. No. 14 U.S. Tax Court · Nov 17, 2016
Cites (a) (c)(3) (c)(7) · Text when decided
Lyndell Scott Hegwood v. Commissioner, T.C. Summary Opinion 2002-156 U.S. Tax Court · Dec 20, 2002
Cites (a) · Text when decided
Susan Jane Hoyez, C.P.A. v. Commissioner, T.C. Memo. 2000-250 U.S. Tax Court · Aug 10, 2000
Cites (a) (b)(1) (b)(2) (b)(3) (b)(3)(A) (c)(10)(B) · Treas. Reg. § 11.412(c)-12 · Text when decided
Phillip M. Wenger, C.P.A., a Sole Proprietor v. Commissioner, T.C. Memo. 2000-156 U.S. Tax Court · May 12, 2000
Cites (a) (b)(3)(A) (c)(10)(B) (d) · Treas. Reg. § 11.412(c)-12 · Text when decided
American Stores Company and Subsidiaries v. Commissioner, 108 T.C. No. 12 U.S. Tax Court · Mar 31, 1997 Rule 155 computation
Cites (a) · Text when decided
Lucky Stores, Inc., and Subsidiaries v. Commissioner, 107 T.C. No. 1 U.S. Tax Court · Aug 6, 1996 Rule 155 computation
Cites (a) · Text when decided
Rubin v. Commissioner, 103 T.C. 200; 103 T.C. No. 13 U.S. Tax Court · Aug 15, 1994
Cites (a) (b) (c)(3) · Text when decided
Lee Eng'g Supply Co. v. Commissioner, 101 T.C. 189; 101 T.C. No. 12 U.S. Tax Court · Aug 30, 1993
Cites (a) (b)(3)(A) (c)(10) (d) · Treas. Reg. § 11.412(c)-12 · Text when decided
Citrus Valley Estates v. Commissioner, 99 T.C. 379; 99 T.C. No. 21 U.S. Tax Court · Sep 29, 1992
Cites (a) (b) (b)(2) (b)(2)(B) (b)(3)(A) (b)(3)(B)(ii) (c) (c)(10)(A) +4 more · Treas. Reg. § 1.412(c)(2)-1, Treas. Reg. § 1.412(c)(3)-1, Treas. Reg. § 11.412(c)-12, Treas. Reg. § 11.412(c)-7 · Text when decided
Vinson & Elkins v. Commissioner, 99 T.C. 9; 99 T.C. No. 2 U.S. Tax Court · Jul 14, 1992
Cites (a) (b)(3)(B)(ii) (c) (c)(3) · Treas. Reg. § 1.412(c)(3)-1 · Text when decided
D.J. Lee, M.D., Inc. v. Commissioner, 92 T.C. 291; 92 T.C. No. 16 U.S. Tax Court · Feb 7, 1989
Cites (a) (b)(1) (b)(2) (b)(3) (b)(3)(A) (c)(10) (c)(10)(A) (d) +1 more · Treas. Reg. § 11.412(c)-12 · Text when decided
William Bryen Co. v. Commissioner, 89 T.C. 689; 89 T.C. No. 48 U.S. Tax Court · Sep 29, 1987
Cites (a) (d) · Text when decided
Anthes v. Commissioner, 81 T.C. 1; 81 T.C. No. 1 U.S. Tax Court · Jul 5, 1983
Cites (a) (a)(1) (a)(2) (c)(3) (d) (e) · Text when decided
Feichtinger v. Commissioner, 80 T.C. 239; 80 T.C. No. 4 U.S. Tax Court · Jan 20, 1983
Text when decided
Plastic Engineering & Mfg. Co. v. Commissioner, 78 T.C. 1187; 78 T.C. No. 83 U.S. Tax Court · Jun 30, 1982
Cites (a) · Text when decided
Thompson v. Commissioner, 74 T.C. 873 U.S. Tax Court · Jul 30, 1980
Cites (a)(1) · Text when decided

Also cite this provision (16)

Kenneth A. Carter, Robert J. Kurek, John McFawn, Paul L. Miles, Adolph F. Rivas, Curlee Thomas, and Q.C. Williams, Jr.; Petitioners v. Commissioner of Internal Revenue and A. Finkl & Sons Co., Respondents v. Commissioner, T.C. Memo. 2013-124 U.S. Tax Court · May 9, 2013 Decision for IRS
Cites (d)(2) · Text when decided
Charles P. Stepnowski v. Commissioner, 124 T.C. No. 12 U.S. Tax Court · Apr 26, 2005
Cites (c)(8) · Text when decided
Wells Fargo & Company, f.k.a. Norwest Corporation and Subsidiaries v. Commissioner, 120 T.C. No. 5 U.S. Tax Court · Feb 13, 2003
Cites (a) (c)(6) (c)(7) · Text when decided
The Board of Trustees of the Sheet Metal Workers' National Pension Fund, In Its Capacity As Plan Administrator v. Commissioner, 117 T.C. No. 19 U.S. Tax Court · Dec 4, 2001
Cites (c)(8) · Text when decided
Taylor Miller v. Commissioner, T.C. Memo. 2001-55 U.S. Tax Court · Mar 6, 2001
Text when decided
Sklar, Greenstein & Scheer, P.C. v. Commissioner, 113 T.C. No. 9 U.S. Tax Court · Aug 13, 1999 Rule 155 computation
Cites (a) · Text when decided
Roblene, Inc. v. Commissioner, T.C. Memo. 1999-161 U.S. Tax Court · May 13, 1999
Text when decided
Howard E. Clendenen, Inc. v. Commissioner, T.C. Memo. 1998-318 U.S. Tax Court · Sep 3, 1998
Text when decided
Reed Smith Shaw & McClay; William J. Smith, Tax Matters Partner v. Commissioner, T.C. Memo. 1998-64 U.S. Tax Court · Feb 17, 1998
Cites (a) · Text when decided
Neil M. Baizer v. Commissioner, T.C. Memo. 1998-36 U.S. Tax Court · Jan 27, 1998 Rule 155 computation
Text when decided
Parker-Hannifin Corporation v. Commissioner, T.C. Memo. 1996-337 U.S. Tax Court · Jul 24, 1996 Rule 155 computation
Text when decided
Albertson's, Inc. v. Commissioner, 95 T.C. 415; 95 T.C. No. 30 U.S. Tax Court · Oct 9, 1990
Text when decided
Tipton & Kalmbach, Inc. v. Commissioner, 83 T.C. 154; 83 T.C. No. 10 U.S. Tax Court · Jul 25, 1984
Text when decided
Achiro v. Commissioner, 77 T.C. 881; 77 T.C. No. 62 U.S. Tax Court · Oct 19, 1981
Text when decided
Garland v. Commissioner, 73 T.C. 5; 1 Employee Benefits Cas. (BNA) 1614 U.S. Tax Court · Oct 4, 1979
Text when decided
Automated Packaging Systems, Inc. v. Commissioner, 70 T.C. 214; 1 Employee Benefits Cas. (BNA) 1835 U.S. Tax Court · May 15, 1978
Text when decided

Private Letter Rulings (34)

Rulings primarily about this provision

PLR 202505018 Jan 31, 2025 — Minimum Funding Standards UIL 412.00-00, 412.06-00 (c)
PLR 202451002 Dec 20, 2024 — Minimum Funding Waiver UIL 412.06-00 (c) (c)(1) (c)(1)(C) (c)(2) (c)(7)
PLR 202439016 Sep 27, 2024 — Minimum Funding Standards for Multiemployer Plans UIL 431.00-00 (c)(7)
PLR 202435007 Aug 30, 2024 — Minimum Funding Standards UIL 412.00-00, 412.06-00 (c) (c)(1) (c)(1)(C) (c)(2) (c)(7) (c)(7)(B)
PLR 202433005 Aug 16, 2024 — Minimum Funding Waiver UIL 412.06-00 (c) (c)(1) (c)(1)(C) (c)(2) (c)(7) (c)(7)(A) +1 more
PLR 202211001 Mar 18, 2022 — Minimum Funding Waiver UIL 412.06-00 (c) (c)(1) (c)(1)(C) (c)(2) (c)(7) (c)(7)(B)
PLR 202114004 Apr 9, 2021 — Minimum Funding Waiver UIL 412.06-00 (c) (c)(1) (c)(1)(C) (c)(2) (c)(7) (c)(7)(B)
PLR 202053002 Dec 31, 2020 — Minimum Funding Waiver UIL 412.06-00 (c) (c)(1) (c)(1)(C) (c)(2) (c)(7) (c)(7)(B)
PLR 201948003 Nov 29, 2019 — Minimum Funding Waiver UIL 412.06-00 (c) (c)(1) (c)(1)(C) (c)(2) (c)(7) (c)(7)(B)
PLR 201750010 Dec 15, 2017 — Minimum Funding Waiver UIL 412.06-00 (c) (c)(1) (c)(1)(C) (c)(2) (c)(7) (c)(7)(B)
PLR 201722009 Jun 2, 2017 — Minimum Funding Waiver UIL 412.06-00 (c) (c)(1) (c)(1)(C) (c)(2) (c)(7) (c)(7)(B)
PLR 201703002 Jan 20, 2017 — Minimum Funding Waiver UIL 412.06-00 (c) (c)(1) (c)(2) (c)(7) (c)(7)(B)
PLR 201510061 Mar 6, 2015 — Minimum Funding Waiver UIL 412.06-00 (c)(1)(C) (c)(7) (c)(7)(8)
PLR 201442068 Oct 17, 2014 — Minimum Funding Waiver UIL 412.06-00 (c)(1)(C) (c)(7) (c)(7)(B)
PLR 201440034 Oct 3, 2014 — Minimum Funding Waiver UIL 412.06-00 (c)(7)(A) (c)(7)(B)(i) (f)(1) (f)(2)(A)
PLR 201437022 Sep 12, 2014 — Minimum Funding Waiver UIL 412.06-00 (b)(3)(C) (c)(7) (d)
PLR 201437021 Sep 12, 2014 — Minimum Funding Standards UIL 412.00-00 (b)(2)(B) (c)(7) (e)
PLR 201428017 Jul 11, 2014 — Minimum Funding Standards UIL 412.00-00 (b)(2)(8) (e)
PLR 201330030 Jul 26, 2013 — Deduction for Contributions of Employer to an Employee's Trust or Annuity Plan and Compensation Under a Deferred-Payment Plan (Deduct. v. Not Deduct.) UIL 404.00-00, 412.00-00, 430.00-00 (a)(1) (b)(1) (b)(2)
PLR 201103060 Jan 21, 2011 — Minimum Funding Waiver UIL 412.06-00 (c) (c)(7)

Also cite this provision (14)

PLR 202439017 Sep 27, 2024 — Minimum Funding Standards for Multiemployer Plans UIL 431.00-00 (c)(7)
PLR 202429010 Jul 19, 2024 — Tax on Reversion of Qualified Plan Assets to Employer UIL 4980.00-00
PLR 202329011 Jul 21, 2023 — Minimum Funding Standards for Multiemployer Plans UIL 431.00-00 (c)(7) (c)(7)(A) (cX7)(B) (cX7)(BXi)
PLR 201945024 Nov 8, 2019 — Year of Deduction UIL 404.11-00, 404.11-01 (d)(3)
PLR 201928002 Jul 12, 2019 — Additional Tax UIL 4971.02-00, 4971.06-02 (c)
PLR 201927010 Jul 5, 2019 — Applicable Defined Benefit Plans UIL 411.10-00
PLR 201831006 Aug 3, 2018 — Included vs. Not Included in Gross Income UIL 72.00-00, 402.01-00, 415.02-01 (d)(2)
PLR 201626003 Jun 24, 2016 — Exceptions UIL 4980.02-00
PLR 201550015 Dec 11, 2015 — Additional Tax UIL 4971.02-00 (c)
PLR 201542012 Oct 16, 2015 — Liquidity Shortfall UIL 4971.08-00
PLR 201532035 Aug 7, 2015 — Tax on Reversion of Qualified Plan Assets to Employer UIL 4980.00-00
PLR 200935033 Aug 28, 2009 — Exclusive Benefit of Employees or Their Beneficiaries UIL 401.01-01, 4971.00-00
PLR 200648028 Dec 1, 2006 — Definitions and Special Rules UIL 414.00-00 (c)(11)(B) (m)
PLR 199922005 Jun 4, 1999 — Deduction for Contributions of Employer to an Employee's Trust or Annuity Plan and Compensation Under a Deferred-Payment Plan (Deduct. v. Not Deduct.) UIL 404.00-00

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.

Effective	Through	Source	Amended by
Jan 4, 1995	Jan 25, 1998	USC 1994 ed., current through 1995-01-04 run 49	Pub. L. 103-465	View
Jan 26, 1998	Jan 21, 2002	USC 1997 ed., current through 1998-01-26 run 64	Pub. L. 105-34	View · Redline (sign in)
Jan 22, 2002	Jan 5, 2003	USC 2001 ed., current through 2002-01-22 run 80	Pub. L. 107-16	View · Redline (sign in)
Jan 6, 2003	Jan 1, 2006	USC 2002 ed., current through 2003-01-06 run 84	Pub. L. 107-147	View · Redline (sign in)
Jan 2, 2006	Jan 2, 2007	USC 2005 ed., current through 2006-01-02 run 96	Pub. L. 109-135	View · Redline (sign in)
Jan 3, 2007	Jan 7, 2008	USC 2006 ed., current through 2007-01-03 run 100	Pub. L. 109-280	View · Redline (sign in)
Jan 8, 2008	Jan 4, 2009	USC 2007 ed., current through 2008-01-08 run 105	Pub. L. 109-280	View · Redline (sign in)
Jan 5, 2009	Jan 2, 2012	USC 2008 ed., current through 2009-01-05 run 109	Pub. L. 110-458	View · Redline (sign in)
Jan 3, 2012	Jan 4, 2015	USC 2013 ed., current through 2014-01-16 run 13	Pub. L. 110-458	View · Redline (sign in)
Jan 5, 2015	Jan 13, 2019	USC 2014 ed., current through 2015-01-05 run 14	Pub. L. 113-97	View · Redline (sign in)
Jan 14, 2019	current	USC 2024 ed., current through 2025-01-06 run 1	Pub. L. 115-141	View · Redline (sign in)

Provision-level history (blame)

I.R.C. § 412

Editorial Notes

References in Text

Amendments

Statutory Notes and Related Subsidiaries

Effective Date of 2014 Amendment

Effective Date of 2008 Amendment

Effective Date of 2006 Amendment

Effective Date of 2004 Amendment

Effective Date of 2002 Amendment

Effective Date of 2001 Amendment

Effective Date of 1997 Amendment

Effective Date of 1994 Amendment

Effective Date of 1989 Amendment

Effective Date of 1988 Amendment

Effective Date of 1987 Amendment

Effective Date of 1986 Amendment

Effective Date of 1984 Amendment

Effective Date of 1980 Amendment

Effective Date of 1976 Amendment

Effective Date

Regulations

Applicability of Amendments by Subtitles A and B of Title I of Pub. L. 109–280

Special Rule for Certain Benefits Funded Under an Agreement Approved by the Pension Benefit Guaranty Corporation

Applicability of Section to Certain Plans Maintained by Commercial Airlines

Effect of Election

Special Rule for Unamortized Balances Under Existing Law

Alternative Amortization Method for Certain Multiemployer Plans

On this page

Parallel provisions

Cited by (code & regs)

Treasury Regulations

Guidance addressing this section

IRS / Treasury

PBGC

IRS / Treasury

PBGC

Department of Labor (EBSA)

U.S. Tax Court (32)

Private Letter Rulings (34)