Source: http://www.law.cornell.edu/uscode/text/29/1242
Timestamp: 2013-12-10 17:53:45
Document Index: 365049735

Matched Legal Cases: ['§ 1242', '§ 1242', '§ 1242', '§ 3042', 'art 900', 'art 901', 'art 902']

29 USC § 1242 - Enrollment by Board; standards and qualifications; suspension or termination of enrollment | Title 29 - Labor | U.S. Code | LII / Legal Information Institute
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29 USC § 1242 - Enrollment by Board; standards and qualifications; suspension or termination of enrollment
The Joint Board shall, by regulations, establish reasonable standards and qualifications for persons performing actuarial services with respect to plans in which this chapter applies and, upon application by any individual, shall enroll such individual if the Joint Board finds that such individual satisfies such standards and qualifications. With respect to individuals applying for enrollment before January 1, 1976, such standards and qualifications shall include a requirement for an appropriate period of responsible actuarial experience relating to pension plans. With respect to individuals applying for enrollment on or after January 1, 1976, such standards and qualifications shall include—
education and training in actuarial mathematics and methodology, as evidenced by—
a degree in actuarial mathematics or its equivalent from an accredited college or university,
successful completion of an examination in actuarial mathematics and methodology to be given by the Joint Board, or
successful completion of other actuarial examinations deemed adequate by the Joint Board, and
an appropriate period of responsible actuarial experience.
The Joint Board may, after notice and an opportunity for a hearing, suspend or terminate the enrollment of an individual under this section if the Joint Board finds that such individual—
has failed to discharge his duties under this chapter, or
does not satisfy the requirements for enrollment as in effect at the time of his enrollment.
(Pub. L. 93–406, title III, § 3042,Sept. 2, 1974, 88 Stat. 1002.)
This chapter, referred to in subsecs. (a) and (b), was in the original “this Act”, meaning Pub. L. 93–406, known as the Employee Retirement Income Security Act of 1974. Titles I, III, and IV of such Act are classified principally to this chapter. For complete classification of this Act to the Code, see Short Title note set out under section 1001 of this title and Tables.
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.20 CFR - Title 20—Employees' Benefits20 CFR Part 900 - STATEMENT OF ORGANIZATION20 CFR Part 901 - REGULATIONS GOVERNING THE PERFORMANCE OF ACTUARIAL SERVICES UNDER THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 197420 CFR Part 902 - RULES REGARDING AVAILABILITY OF INFORMATION