plan solely to conform to any requirement added by 
this section shall not be treated as a termination of 
such collective bargaining agreement. 
SEC. 104. SPECIAL RULES FOR MULTIPLE EMPLOYER 
PLANS OF CERTAIN COOPERATIVES. 
(a) GENERAL RULE.—Except as provided in this sec-
tion, if a plan in existence on July 26, 2005, was an eligi-
ble cooperative plan for its plan year which includes such 
date, the amendments made by this subtitle and subtitle 
B shall not apply to plan years beginning before the earlier 
of— 
(1) the first plan year for which the plan ceases 
to be an eligible cooperative plan, or 
(2) January 1, 2017. 
(b) 
INTEREST
RATE.—In 
applying 
section 
302(b)(5)(B) of the Employee Retirement Income Secu-
rity Act of 1974 and section 412(b)(5)(B) of the Internal 
Revenue Code of 1986 (as in effect before the amendments 
made by this subtitle and subtitle B) to an eligible cooper-
ative plan for plan years beginning after December 31, 
2007, and before the first plan year to which such amend-
ments apply, the third segment rate determined under sec-
tion 
303(h)(2)(C)(iii) 
of 
such 
Act 
and 
section 
430(h)(2)(C)(iii) of such Code (as added by such amend-
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ccoleman on PROD1PC71 with BILLS
ments) shall be used in lieu of the interest rate otherwise 
used. 
(c) ELIGIBLE COOPERATIVE PLAN DEFINED.—For 
purposes of this section, a plan shall be treated as an eligi-
ble cooperative plan for a plan year if the plan is main-
tained by more than 1 employer and at least 85 percent 
of the employers are— 
(1) rural cooperatives (as defined in section 
401(k)(7)(B) of such Code without regard to clause 
(iv) thereof), or 
(2) organizations which are— 
(A) cooperative organizations described in 
section 1381(a) of such Code which are more 
than 50-percent owned by agricultural pro-
ducers or by cooperatives owned by agricultural 
producers, or 
(B) more than 50-percent owned, or con-
trolled by, one or more cooperative organiza-
tions described in subparagraph (A). 
A plan shall also be treated as an eligible cooperative plan 
for any plan year for which it is described in section 
210(a) of the Employee Retirement Income Security Act 
of 1974 and is maintained by a rural telephone cooperative 
association described in section 3(40)(B)(v) of such Act. 
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ccoleman on PROD1PC71 with BILLS
100 
SEC. 105. TEMPORARY RELIEF FOR CERTAIN PBGC SETTLE-
MENT PLANS. 
(a) GENERAL RULE.—Except as provided in this sec-
tion, if a plan in existence on July 26, 2005, was a PBGC 
settlement plan as of such date, the amendments made 
by this subtitle and subtitle B shall not apply to plan years 
beginning before January 1, 2014. 
(b) 
INTEREST
RATE.—In 
applying 
section 
302(b)(5)(B) of the Employee Retirement Income Secu-
rity Act of 1974 and section 412(b)(5)(B) of the Internal 
Revenue Code of 1986 (as in effect before the amendments 
made by this subtitle and subtitle B), to a PBGC settle-
ment plan for plan years beginning after December 31, 
2007, and before January 1, 2014, the third segment rate 
determined under section 303(h)(2)(C)(iii) of such Act 
and section 430(h)(2)(C)(iii) of such Code (as added by 
such amendments) shall be used in lieu of the interest rate 
otherwise used. 
(c) PBGC SETTLEMENT PLAN.—For purposes of 
this section, the term ‘‘PBGC settlement plan’’ means a 
defined benefit plan (other than a multiemployer plan) to 
which section 302 of such Act and section 412 of such 
Code apply and— 
(1) which was sponsored by an employer which 
was in bankruptcy, giving rise to a claim by the 
Pension Benefit Guaranty Corporation of not great-
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101 
er than $150,000,000, and the sponsorship of which 
was assumed by another employer that was not a 
member of the same controlled group as the bank-
rupt sponsor and the claim of the Pension Benefit 
Guaranty Corporation was settled or withdrawn in 
connection with the assumption of the sponsorship, 
or 
(2) which, by agreement with the Pension Ben-
efit Guaranty Corporation, was spun off from a plan 
subsequently terminated by such Corporation under 
section 4042 of the Employee Retirement Income 
Security Act of 1974. 
SEC. 106. SPECIAL RULES FOR PLANS OF CERTAIN GOV-
ERNMENT CONTRACTORS. 
(a) GENERAL RULE.—Except as provided in this sec-
tion, if a plan is an eligible government contractor plan, 
this subtitle and subtitle B shall not apply to plan years 
beginning before the earliest of— 
(1) the first plan year for which the plan ceases 
to be an eligible government contractor plan, 
(2) the effective date of the Cost Accounting 
Standards Pension Harmonization Rule, or 
(3) January 1, 2011. 
(b) 
INTEREST
RATE.—In 
applying 
section 
302(b)(5)(B) of the Employee Retirement Income Secu-
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102 
rity Act of 1974 and section 412(b)(5)(B) of the Internal 
Revenue Code of 1986 (as in effect before the amendments 
made by this subtitle and subtitle B) to an eligible govern-
ment contractor plan for plan years beginning after De-
cember 31, 2007, and before the first plan year to which 
such amendments apply, the third segment rate deter-
mined under section 303(h)(2)(C)(iii) of such Act and sec-
tion 430(h)(2)(C)(iii) of such Code (as added by such 
amendments) shall be used in lieu of the interest rate oth-
erwise used. 
(c) ELIGIBLE GOVERNMENT CONTRACTOR PLAN DE-
FINED.—For purposes of this section, a plan shall be 
treated as an eligible government contractor plan if it is 
maintained by a corporation or a member of the same af-
filiated group (as defined by section 1504(a) of the Inter-
nal Revenue Code of 1986), whose primary source of rev-
enue is derived from business performed under contracts 
with the United States that are subject to the Federal Ac-
quisition Regulations (Chapter 1 of Title 48, C.F.R.) and 
that are also subject to the Defense Federal Acquisition 
Regulation Supplement (Chapter 2 of Title 48, C.F.R.), 
and whose revenue derived from such business in the pre-
vious fiscal year exceeded $5,000,000,000, and whose pen-
sion plan costs that are assignable under those contracts 
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