Source: http://www.law.cornell.edu/uscode/text/29/1322b?quicktabs_8=0
Timestamp: 2014-12-29 00:45:06
Document Index: 124556383

Matched Legal Cases: ['§ 1322', '§ 1322', '§ 1322', '§ 4022', '§ 102', 'art 4022', 'art 4022']

29 U.S. Code § 1322b - Aggregate limit on benefits guaranteed; criteria applicable | LII / Legal Information Institute
U.S. Code › Title 29 › Chapter 18 › Subchapter III › Subtitle B › § 1322b 29 U.S. Code § 1322b - Aggregate limit on benefits guaranteed; criteria applicable
Notwithstanding sections 1322 and 1322a of this title, no person shall receive from the corporation pursuant to a guarantee by the corporation of basic benefits with respect to a participant under all multiemployer and single employer plans an amount, or amounts, with an actuarial value which exceeds the actuarial value of a monthly benefit in the form of a life annuity commencing at age 65 equal to the amount determined under section 1322
(b)(3)(B) of this title as of the date of the last plan termination.
the receipt of benefits under a multiemployer plan receiving financial assistance from the corporation shall be considered the receipt of amounts from the corporation pursuant to a guarantee by the corporation of basic benefits except to the extent provided in regulations prescribed by the corporation, and
the date on which a multiemployer plan, whether or not terminated, begins receiving financial assistance from the corporation shall be considered a date of plan termination.
(Pub. L. 93–406, title IV, § 4022B, as added Pub. L. 96–364, title I, § 102,Sept. 26, 1980, 94 Stat. 1215.)
Section effective Sept. 26, 1980, except as specifically provided, see section 1461
This is a list of parts within the Code of Federal Regulations for which this US Code section provides rulemaking authority.This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.29 CFR - Labor29 CFR Part 4022 - BENEFITS PAYABLE IN TERMINATED SINGLE-EMPLOYER PLANS29 CFR Part 4022B - AGGREGATE LIMITS ON GUARANTEED BENEFITS