Source: https://www.law.cornell.edu/uscode/text/29/1060
Timestamp: 2018-06-17 22:28:59
Document Index: 291470461

Matched Legal Cases: ['art 2', '§ 1060', '§ 1060', 'art 3', 'art 3', '§\u202f210', '§\u202f7891', '§\u202f903', '§\u202f109', '§\u202f101', '§\u202f3', '§\u202f101', '§\u202f3', '§\u202f3', '§\u202f103', '§\u202f109', '§\u202f109', '§\u202f903', '§\u202f903', '§\u202f7894', '§\u202f103']

U.S. Code › Title 29 › Chapter 18 › Subchapter I › Subtitle B › Part 2 › § 1060
29 U.S. Code § 1060 - Multiple employer plans and other special rules
Multiple employer plans and other special rules
(a) Plan maintained by more than one employerNotwithstanding any other provision of this part or part 3, the following provisions of this subsection shall apply to a plan maintained by more than one employer:
(b) Maintenance of plan of predecessor employerFor purposes of this part and part 3—
Except as provided in this subsection, this chapter shall be applied to any defined benefit plan or applicable individual account plan which are [1] part of an eligible combined plan in the same manner as if each such plan were not a part of the eligible combined plan. In the case of a termination of the defined benefit plan and the applicable defined contribution plan forming part of an eligible combined plan, the plan administrator shall terminate each such plan separately.
which consists of a defined benefit plan and an applicable individual account plan each of which qualifies under section 401(a) of title 26,
For purposes of this subparagraph, the term “small employer” has the meaning given such term by section 4980D(d)(2) of title 26, except that such section shall be applied by substituting “500” for “50” each place it appears.
(i) In generalThe contribution requirements of this subparagraph with respect to any applicable individual account plan forming part of an eligible combined plan are met if—
(ii) in the case of an applicable individual account plan forming part of eligible combined plan—
the requirements of subparagraphs (B) and (C) are met without regard to section 401(l) of title 26, and
the requirements of sections 401(a)(4) and 410(b) of title 26are met with respect to both the applicable defined contribution plan and defined benefit plan forming part of an eligible combined plan without regard to section 401(l) of title 26.
The requirements of this clause are met if the applicable defined contribution plan and defined benefit plan forming part of an eligible combined plan meet the requirements of sections 401(a)(4) and 410(b) of title 26without being combined with any other plan.
(3) Automatic contribution arrangementFor purposes of this subsection—
The term “applicable individual account plan” means an individual account plan which includes a qualified cash or deferred arrangement.
The term “qualified cash or deferred arrangement” has the meaning given such term by section 401(k)(2) of title 26.
(1) In generalFor purposes of this subchapter, except as provided in this subsection, a CSEC plan is an employee pension benefit plan (other than a multiemployer plan) that is a defined benefit plan—
that, as of June 25, 2010, was maintained by more than one employer and all of the employers were organizations described in section 501(c)(3) of title 26; or
described in section 501(c)(3) of such title,
chartered under part B of subtitle II of title 36,
All employers that are treated as a single employer under subsection (b) or (c) of section 414 of title 26 shall be treated as a single employer for purposes of determining if a plan was maintained by more than one employer under subparagraph [2] (B) and (C) of paragraph (1).
(Pub. L. 93–406, title I, § 210, Sept. 2, 1974, 88 Stat. 866; Pub. L. 101–239, title VII, §§ 7891(a)(1), 7894(c)(10), Dec. 19, 1989, 103 Stat. 2445, 2449; Pub. L. 109–280, title IX, § 903(b)(1), (2)(A), Aug. 17, 2006, 120 Stat. 1044, 1048; Pub. L. 110–458, title I, § 109(c)(2), Dec. 23, 2008, 122 Stat. 5111; Pub. L. 113–97, title I, §§ 101, 103(a), Apr. 7, 2014, 128 Stat. 1102, 1117; Pub. L. 113–235, div. P, § 3(a), Dec. 16, 2014, 128 Stat. 2829.)
[2]  So in original. Probably should be “subparagraphs”.
The Preservation of Access to Care for Medicare Beneficiaries and Pension Relief Act of 2010, referred to in subsec. (f)(3)(B), is Pub. L. 111–192, June 25, 2010, 124 Stat. 1280. For complete classification of this Act to the Code, see Short Title of 2010 Amendment note set out under section 1001 of this title and Tables.
2014—Subsec. (f). Pub. L. 113–97, § 101, added subsec. (f).
Subsec. (f)(1)(C). Pub. L. 113–235, § 3(a)(1), added subpar. (C).
Subsec. (f)(2). Pub. L. 113–235, § 3(a)(2), substituted “subparagraph (B) and (C) of paragraph (1)” for “paragraph (1)(B)”.
Subsec. (f)(3). Pub. L. 113–97, § 103(a), added par. (3).
2008—Subsec. (e)(1). Pub. L. 110–458, § 109(c)(2)(A), inserted at end “In the case of a termination of the defined benefit plan and the applicable defined contribution plan forming part of an eligible combined plan, the plan administrator shall terminate each such plan separately.”
Subsec. (e)(3) to (6). Pub. L. 110–458, § 109(c)(2)(B), struck out par. (3) and redesignated pars. (4) to (6) as (3) to (5), respectively. Former par. (3) related to nondiscrimination requirements for qualified cash or deferred arrangement.
2006—Pub. L. 109–280, § 903(b)(2)(A), inserted “and other special rules” after “plans” in section catchline.
Subsec. (e). Pub. L. 109–280, § 903(b)(1), added subsec. (e).
1989—Subsec. (c). Pub. L. 101–239, § 7894(c)(10), substituted “and (e)(3)(C) of such Code” for “and (e)(3)(C) of such code”, which for purposes of codification was translated as “and (e)(3)(C) of title 26” thus requiring no change in text.
Pub. L. 113–97, title I, § 103(d), Apr. 7, 2014, 128 Stat. 1120, provided that:
“The amendments made by this section [amending this section and provisions set out as a note under section 401 of Title 26, Internal Revenue Code] shall apply as of the date of enactment of this Act [Apr. 7, 2014].”