PBGCCode / StatuteJan 6, 2017related by meaning
(a) (a) If an employer withdraws from a multiemployer plan in a complete withdrawal or a partial withdrawal, then the employer is liable to the plan in the amount determined under this part to be the withdrawal liability.
PBGCRegulationsJan 1, 2017
… is to prescribe rules, pursuant to section 4206(b) of ERISA, for adjusting the partial or complete withdrawal liability of an employer that previously partially withdrew from the same multiemployer plan. Section 4206(b)(1) provides that when an employer that has partially withdrawn from a plan subsequently incurs liab…
PBGCRegulationsJan 1, 2017related by meaning
… (c) Claims against other employers. The plan sponsor shall value at zero any outstanding claim for withdrawal liability owed by an employer that does not meet the conditions set forth in paragraph (b) of this section.
81 FR 47534 — Proposed Revision of Annual Information Return/Reports ERISAProposed Rules (FR)Proposed Jul 21, 2016
are filing final return/report with -0- assets at year end)
Not required
Must complete
Line 4i(2) Schedule of Assets Disposed of During the Plan Year If required to complete Schedule H, must check “yes” to Schedule H, Line 4i(2) and complete if plan disposed of assets during the plan year. Certain readily tradable ass…
IRCCourt RulingsJun 14, 2012
…n Construction, Mr. Repetto, and Mrs. Repetto
formed Ozark Future, L.L.C. (Ozark Future), a limited liability company classified
as a partnership for Federal income tax purposes. Porschen Construction had a
PBGCRegulationsFeb 8, 2021related by meaning
(b) (b) For purposes of this part: Initial withdrawal liability means the amount of withdrawal liability determined in accordance with sections 4201 through 4225 of title IV without regard to the occurrence of a mass withdrawal. Mass withdrawal liability means the sum of an employer's liability for de minimis amounts, …
T.C. Memo. 2026-68 — Malibu Valley Land, LLC, Spectrum Development, Inc., Tax Matters Partner v. Commissioner IRCCourt RulingsAug 17, 2026
… grading
required for the northern portion lots. It is also materially shorter than t he three-year construction period assumed for the full 56-lot
subdivision.
We therefore assume a development timeline of two years: one
year for permitting and final-map recordation, followed by one year of
construction. We further as…
PBGCCode / StatuteJan 6, 2017
… If—
(e)(1)(A) (A) a plan sponsor of a plan determines that—
(e)(1)(A)(i) (i) a complete or partial withdrawal of an employer has occurred, or
(e)(1)(A)(ii) (ii) an employer is liable for withdrawal liability payments with respect to the complete or partial withdrawal of an employer from the plan,
(e)(1)(B) (B) such de…
PBGCRegulationsJan 1, 2017related by meaning
(a) (a) Initial withdrawal liability. The plan sponsor of a multiemployer plan that experiences a mass withdrawal shall determine initial withdrawal liability pursuant to section 4201 of ERISA of every employer that has completely or partially withdrawn from the plan and for whom the liability has not previously been d…
IRCCourt RulingsMar 24, 1993
…p constitute one of the world’s largest and most diversified oil field services and engineering and construction organizations. Halliburton’s business is divided into three principal categories: Oil field services and products, industrial engineering and construction services, and marine engineering and construction se…
PBGCPBGC Opinion LettersOct 14, 1993related by meaning
s hav e sepa rat e fa ctua l pre requi sit es, and prov ide
different
types of rel ief. So long as an employer
satisfies the re quire men ts of bo th subse ctions, [*3 ] it should qualify
for
reli ef under eit her rul e, and i ts l iabil ity should not exceed the less er of t he amounts determi ned
under th e
two
subs…
PBGCFinal Rules (FR)Jul 12, 2021related by meaning
…s active participants beginning to accrue benefits under another existing or newly formed plan.
(e) Withdrawal Liability Under sections 4201 through 4225 of ERISA, when a contributing employer withdraws from an underfunded multiemployer plan, the plan sponsor assesses withdrawal liability against the employer. Withdraw…
PBGCRegulationsJan 1, 2017related by meaning
…tions, because of a bona fide, arm's-length sale of assets to an unrelated purchaser does not incur withdrawal liability if certain conditions are met. One condition is that the sale contract provide that the seller will be secondarily liable if the purchaser withdraws from the plan within five years and does not pay i…
PBGCRegulationsJan 1, 2017★ strong match
…from a multiemployer plan reenters the plan, it may apply to the plan for abatement of its complete withdrawal liability. Applications shall be filed by the date of the first scheduled withdrawal liability payment falling due after the employer resumes covered operations or, if later, the fifteenth calendar day after t…
86 FR 57272 — Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights ERISAProposed Rules (FR)Proposed Oct 14, 2021
…of prohibited transaction exemptions that touched on these issues. See PTE 76-1, part B, concerning construction loans by multiemployer plans; PTE 84-25, issued to the Pacific Coast Roofers Pension Plan; PTE 85-58, issued to the Northwestern Ohio Building Trades and Employer Construction Industry Investment Plan; PTE 8…
87 FR 73822 — Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights ERISAFinal Rules (FR)Dec 1, 2022
…of prohibited transaction exemptions that touched on these issues.
See PTE 76-1, part B, concerning construction loans by multiemployer plans; PTE 84-25, issued to the Pacific Coast Roofers Pension Plan; PTE 85-58, issued to the Northwestern Ohio Building Trades and Employer Construction Industry Investment Plan; PTE 8…
85 FR 72846 — Financial Factors in Selecting Plan Investments ERISAFinal Rules (FR)Nov 13, 2020
…emp, dated Nov. 23, 1990; and to Mr. Stuart Cohen, dated May 14, 1993; PTE 76-1, part B, concerning construction loans by multiemployer plans; PTE 84-25, issued to the Pacific Coast Roofers Pension Plan; PTE 85-58, issued to the Northwestern Ohio Building Trades and Employer Construction Industry Investment Plan; PTE 8…
PBGC Tech. Update 10-3 — Simplified Methods for Applying the Requirement to Disregard Benefit Reductions in Determining Withdrawal Liability - Multiemployer Pension Plans - Pension Pro… PBGCPBGC Technical Updatesrelated by meaning
the Code will be included in the determination of withdrawal liability only if such benefit is also a nonforfeitable benefit.[4]
Withdrawal Liability Under section 4201 of ERISA, if an employer withdraws from a multiemployer plan, in a complete or partial withdrawal, the employer is liable to the plan for withdrawal l…
85 FR 39113 — Financial Factors in Selecting Plan Investments ERISAProposed Rules (FR)Proposed Jun 30, 2020
…emp, dated Nov. 23, 1990; and to Mr. Stuart Cohen, dated May 14, 1993; PTE 76-1, part B, concerning construction loans by multiemployer plans; PTE 84-25, issued to the Pacific Coast Roofers Pension Plan; PTE 85-58, issued to the Northwestern Ohio Building Trades and Employer Construction Industry Investment Plan; PTE 8…
80 FR 65135 — Interpretive Bulletin Relating to the Fiduciary Standard Under ERISA in Considering Economically Targeted Investments ERISAFinal Rules (FR)Oct 26, 2015
… dated November 23, 1990; and to Mr. Stuart Cohen, dated May 14, 1993; PTE 76-1, part B, concerning construction loans by multiemployer plans; PTE 84-25, issued to the Pacific Coast Roofers Pension Plan; PTE 85-58, issued to the Northwestern Ohio Building Trades and Employer Construction Industry Investment Plan; PTE 8…