Extension of Amortization Period of Plans

Authority: To determine that the period of years required to amortize any unfunded liability of a plan may be extended in accordance with:

• IRC 431(d) for plan years beginning after December 31, 2007;

• 304(d) of ERISA for plan years beginning after December 31, 2007.

Delegated to: Manager, Employee Plans Technical Actuarial Group.

Redelegation: This authority may not be redelegated.

Sources of Authority: Treasury Order 150-10; Reorganization Plan No. 4 of 1978.

To the extent that the authority previously exercised consistent with this order may require ratification, it is hereby affirmed and ratified. This order supersedes Delegation Order 7-10 (Rev. 1), dated February 14, 2019.

Signed: Douglas W. O’Donnell, Deputy Commissioner for Services and Enforcement