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Minimum Cost Requirement Permitting the Transfer of Excess Assets of a Defined Benefit Pension Plan to a Retiree Health Account

tax-irs · IRS · Rule · Published 2001-06-19 · Effective 2001-06-19 · 66 FR 32897

Document

Document number
01-15255
Federal Register citation
66 FR 32897
CFR reference
26 CFR 1
Type
Rule
Action
Final regulations.
Category
tax-irs
Sub-agency
IRS
Publication date
2001-06-19
Effective date
2001-06-19
Treasury docket
TD 8948

Abstract

This document contains final Income Tax Regulations relating to the minimum cost requirement under section 420, which permits the transfer of excess assets of a defined benefit pension plan to a retiree health account. Pursuant to section 420(c)(3)(E), these regulations provide that an employer who significantly reduces retiree health coverage during the cost maintenance period does not satisfy the minimum cost requirement of section 420(c)(3). In addition, these regulations clarify the circumstances under which an employer is considered to have significantly reduced retiree health coverage during the cost maintenance period.

Source

Authoritative
Federal Register document
Machine
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