ERISA § 3042 (29 U.S.C. § 1242)

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Enrollment by Board; standards and qualifications; suspension or termination of enrollment

USC 2024 ed., current through 2025-01-06 · current · last amended by Pub. L. 93-406

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(a) The Joint Board shall, by regulations, establish reasonable standards and qualifications for persons performing actuarial services with respect to plans in which this chapter applies and, upon application by any individual, shall enroll such individual if the Joint Board finds that such individual satisfies such standards and qualifications. With respect to individuals applying for enrollment before January 1, 1976, such standards and qualifications shall include a requirement for an appropriate period of responsible actuarial experience relating to pension plans. With respect to individuals applying for enrollment on or after January 1, 1976, such standards and qualifications shall include—

(1) education and training in actuarial mathematics and methodology, as evidenced by—

(A) a degree in actuarial mathematics or its equivalent from an accredited college or university,

(B) successful completion of an examination in actuarial mathematics and methodology to be given by the Joint Board, or

(2) an appropriate period of responsible actuarial experience.

Notwithstanding the preceding provisions of this subsection, the Joint Board may provide for the temporary enrollment for the period ending January 1, 1976, of actuaries under such interim standards as it deems adequate.

(b) The Joint Board may, after notice and an opportunity for a hearing, suspend or terminate the enrollment of an individual under this section if the Joint Board finds that such individual—

(1) has failed to discharge his duties under this chapter, or

(2) does not satisfy the requirements for enrollment as in effect at the time of his enrollment.

The Joint Board may also, after notice and opportunity for hearing, suspend or terminate the temporary enrollment of an individual who fails to discharge his duties under this chapter or who does not satisfy the interim enrollment standards.

Source credit, amendments & notes

(Pub. L. 93–406, title III, §3042, Sept. 2, 1974, 88 Stat. 1002.)

Editorial Notes

References in Text

This chapter, referred to in subsecs. (a) and (b), was in the original "this Act", meaning Pub. L. 93–406, known as the Employee Retirement Income Security Act of 1974. Titles I, III, and IV of such Act are classified principally to this chapter. For complete classification of this Act to the Code, see Short Title note set out under section 1001 of this title and Tables.

ERISA § 3042 (29 U.S.C. § 1242) — Enrollment by Board; standards and qualifications; suspension or termination of enrollment · USC 2024 ed., current through 2025-01-06 · https://pensionresource.website/EAMain?content=EAMain.Law&id=usc29-1242 · printed Oct 16, 2026

Cited by (code & regs)

20 C.F.R. § 901.30 Authority to suspend or terminate enrollment.
Circular 230 § 10.3 Who may practice.

Joint Board Regulations

20 C.F.R. § 901.0 Scope.
20 C.F.R. § 901.1 Definitions.
20 C.F.R. § 901.2 Eligibility to perform actuarial services.
20 C.F.R. § 901.10 Application for enrollment.
20 C.F.R. § 901.11 Enrollment procedures.
20 C.F.R. § 901.12 Eligibility for enrollment.
20 C.F.R. § 901.20 Standards of performance of actuarial services.
20 C.F.R. § 901.30 Authority to suspend or terminate enrollment.
20 C.F.R. § 901.31 Grounds for suspension or termination of enrollment.
20 C.F.R. § 901.32 Receipt of information concerning enrolled actuaries.
20 C.F.R. § 901.33 Initiation of proceeding.
20 C.F.R. § 901.34 Conferences.
20 C.F.R. § 901.35 Contents of complaint.
20 C.F.R. § 901.36 Service of complaint and other papers.
20 C.F.R. § 901.37 Answer.
20 C.F.R. § 901.38 Supplemental charges.
20 C.F.R. § 901.39 Reply to answer.
20 C.F.R. § 901.40 Proof; variance; amendment of pleadings.
20 C.F.R. § 901.41 Motions and requests.
20 C.F.R. § 901.42 Representation.
20 C.F.R. § 901.43 Administrative Law Judge.
20 C.F.R. § 901.44 Hearings.
20 C.F.R. § 901.45 Evidence.
20 C.F.R. § 901.46 Depositions.
20 C.F.R. § 901.47 Transcript.
20 C.F.R. § 901.48 Proposed findings and conclusions.
20 C.F.R. § 901.49 Decision of the Administrative Law Judge.
20 C.F.R. § 901.50 Appeal to the Joint Board.
20 C.F.R. § 901.51 Decision of the Joint Board.
20 C.F.R. § 901.52 Effect of suspension, termination or resignation of enrollment; surrender of enrollment certificate.
20 C.F.R. § 901.53 Notice of suspension, termination or resignation of enrollment.
20 C.F.R. § 901.54 Petition for reinstatement.
20 C.F.R. § 901.70 Records.
20 C.F.R. § 901.71 Special orders.
20 C.F.R. § 901.72 Additional rules.

Guidance addressing this section

Joint Board

Joint Board Notices

JBEA News: Instructions for returning from inactive status Apr 1, 2026 — Instructions for returning from inactive status (d)(j)(l)(7)(ii)
JBEA News: General instructions for enrolled actuaries currently in active status Dec 31, 2025 — General instructions for enrolled actuaries currently in active status

Final Rules

90 FR 40231 Aug 19, 2025 — Continuing Professional Education Requirements of the Joint Board for the Enrollment of Actuaries (d)(d)(1)(e)(2)(i)(e)(2)(ii)(f)(1)(f)(2)
76 FR 81362 Dec 28, 2011 — Regulations Governing the Performance of Actuarial Services Under the Employee Retirement Income Security Act of 1974; Correction
76 FR 17762 Mar 31, 2011 — Regulations Governing the Performance of Actuarial Services Under the Employee Retirement Income Security Act of 1974 (d)(1)(i)(f)(i)

Proposed Rules

89 FR 18579Proposed Mar 14, 2024 — Regulations for Continuing Professional Education Requirements of the Joint Board for the Enrollment of Actuaries Comments due Apr 15, 2024 (d)(d)(1)(e)(2)(i)(e)(2)(ii)(f)(1)(f)(2)

IRS / Treasury

Proposed Rules

87 FR 60357Proposed Oct 5, 2022 — User Fees Relating to Enrolled Actuaries Comments due Dec 5, 2022 (a)(d)(e)(f)(1)(f)(1)(i)(f)(2)
REG-159704-03Proposed Nov 16, 2009 — Proposed regulations contain proposed amendments to 20 CFR part 901 relating to the enrollment of actuaries under section 3042 of the Employee Retirement Incom… (b)(1)(d)(1)(i)(f)

Notices

Notice 2009-86 Nov 16, 2009 — Further extension of effective date of normal retirement age regulations for governmental plans. This notice announces the intent to further extend the final e…

Also cited in 18 other documents

IRS / Treasury

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 …
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 …
Superseded by Rev. Proc. 2026-4
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 …
Superseded by Rev. Proc. 2025-4
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 …
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 …
Superseded by Rev. Proc. 2023-4
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…
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…
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…
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…
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…
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. 2016-27 May 9, 2016 — This revenue procedure contains revised procedures for applications for a suspension of benefits under a multiemployer defined benefit pension plan that is in …
Rev. Proc. 2015-34 Jul 6, 2015 — This revenue procedure prescribes the application process for proposed suspensions of benefits for certain multiemployer defined benefit pension plans that are…
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…
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…
Modified by Rev. Proc. 2013-22

Final Rules

88 FR 72366 Oct 20, 2023 — User Fees Relating to Enrolled Actuaries

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 …

Department of Labor (EBSA)

Final Rules

80 FR 5626 Feb 2, 2015 — Annual Funding Notice for Defined Benefit Plans

Tax Court (2) · DOL/Federal (0)

U.S. Tax Court (2)

Also cite this provision (2)

Citrus Valley Estates v. Commissioner, 99 T.C. 379; 99 T.C. No. 21 U.S. Tax Court · Sep 29, 1992
Cites (a) (b) · 20 C.F.R. § 901.11 · 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) · 20 C.F.R. § 901.11 · Text when decided

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Effective	Through	Source	Amended by
Jan 4, 1995	current	USC 2024 ed., current through 2025-01-06 run 1	Pub. L. 93-406	View

Provision-level history (blame)