← Treasury Federal Register rules

Notice of Significant Reduction in the Rate of Future Benefit Accrual

tax-irs · IRS · Rule · Published 2003-04-09 · Effective 2003-04-09 · 68 FR 17277

Document

Document number
03-8290
Federal Register citation
68 FR 17277
CFR reference
26 CFR 1
Type
Rule
Action
Final regulations.
Category
tax-irs
Sub-agency
IRS
Publication date
2003-04-09
Effective date
2003-04-09
Treasury docket
TD 9052

Abstract

This document contains final regulations providing guidance on the notification requirements under section 4980F of the Internal Revenue Code (Code) and section 204(h) of the Employee Retirement Income Security Act of 1974 (ERISA). Under these final regulations, a plan administrator must give notice of a plan amendment to certain plan participants and beneficiaries when the plan amendment provides for a significant reduction in the rate of future benefit accrual or the elimination or significant reduction in an early retirement benefit or retirement-type subsidy. These final regulations affect retirement plan sponsors and administrators, participants in and beneficiaries of retirement plans, and employee organizations representing retirement plan participants.

Source

Authoritative
Federal Register document
Machine
JSON-LD · Markdown