Brief Case
Pension Resource

ERISA § 4234 (29 U.S.C. § 1414)

Asset transfer rules
USC 2024 ed., current through 2025-01-06 · current · last amended by Pub. L. 96-364
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(a) Applicability and scope A transfer of assets from a multiemployer plan to another plan shall comply with asset-transfer rules which shall be adopted by the multiemployer plan and which—
(1) do not unreasonably restrict the transfer of plan assets in connection with the transfer of plan liabilities, and
(2) operate and are applied uniformly with respect to each proposed transfer, except that the rules may provide for reasonable variations taking into account the potential financial impact of a proposed transfer on the multiemployer plan.
Plan rules authorizing asset transfers consistent with the requirements of section 1412(c)(3) of this title shall be considered to satisfy the requirements of this subsection.
(b) Exemption of de minimis transfers The corporation shall prescribe regulations which exempt de minimis transfers of assets from the requirements of this part.
(c) Written reciprocity agreements This part shall not apply to transfers of assets pursuant to written reciprocity agreements, except to the extent provided in regulations prescribed by the corporation.
Source credit, amendments & notes

(Pub. L. 93–406, title IV, §4234, as added Pub. L. 96–364, title I, §104(2), Sept. 26, 1980, 94 Stat. 1247.)

ERISA § 4234 (29 U.S.C. § 1414) — Asset transfer rules · USC 2024 ed., current through 2025-01-06 · https://pensionresource.website/EAMain?content=EAMain.Law&id=usc29-1414 · printed Oct 16, 2026
On this page
  • (a) Applicability and scope
  • (b) Exemption of de minimis transfers
  • (c) Written reciprocity agreements
Cited by (code & regs)

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Guidance addressing this section

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Also cited in 2 other documents
PBGC
Final Rules
  • 83 FR 46642 Sep 14, 2018 — Mergers and Transfers Between Multiemployer Plans
Proposed Rules
  • 81 FR 36229Proposed Jun 6, 2016 — Mergers and Transfers Between Multiemployer Plans Comments due Aug 5, 2016

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EffectiveThroughSourceAmended by
Jan 4, 1995currentUSC 2024 ed., current through 2025-01-06 run 1Pub. L. 96-364View
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