Title 29 — Labor
Chapter 18 — Employee Retirement Income Security Program
§ 1346. Reports to trustee
Statutory text
The corporation and the plan administrator of any plan to be terminated under this subtitle shall furnish to the trustee such information as the corporation or the plan administrator has and, to the extent practicable, can obtain regarding—
the amount of benefits payable with respect to each participant under a plan to be terminated,
the amount of basic benefits guaranteed under section 1322 or 1322a of this title which are payable with respect to each participant in the plan,
the present value, as of the time of termination, of the aggregate amount of basic benefits payable under section 1322 or 1322a of this title (determined without regard to section 1322b of this title),
the fair market value of the assets of the plan at the time of termination,
the computations under section 1344 of this title, and all actuarial assumptions under which the items described in paragraphs (1) through (4) were computed, and
any other information with respect to the plan the trustee may require in order to terminate the plan.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Employee Retirement Income Security Act of 1974
Pub. L. 93–406 title IV § 4046 · 88 Stat. 829
Enacted · 29 U.S.C. § 1346
Pub. L. 93–406, title IV, § 4046, Sept. 2, 1974, 88 Stat. 1028
Source evidence
Code source credit
Pub. L. 93–406, title IV, § 4046, Sept. 2, 1974, 88 Stat. 1028Enacted provision · exact public law section
Sec. 4046. reports to trustee The corporation and the plan administrator of any plan 29 USC 1346. to be terminated under this subtitle shall furnish to the trustee such information as the corporation or the plan administrator has and, to the extent practicable, can obtain regarding— (1) the amount of benefits payable with respect to each participant under a plan to be terminated, (2) the amount of benefits guaranteed under section 4022 which are payable with respect to each participant in the plan, (3) the present value, as of the time of termination, of the aggregate amount of benefits payable under section 4022 (determined without regard to section 4022(b)(5)), (4) the fair market value of the assets of the plan at the time of termination, (5) the computations under section 4044, and all actuarial assumptions under which the items described in paragraphs (1) through (4) were computed, and (6) any other information with respect to the plan the trustee may require in order to terminate the plan.Multiemployer Pension Plan Amendments Act of 1980
Pub. L. 96–364 § 403(e)(1) · 94 Stat. 1208
Inserted · 29 U.S.C. § 1346(2)
Pub. L. 96–364, § 403(e)(1), inserted “basic” before “benefits” and “or 1322a” after “1322”
Source evidence
Code amendment note
Par. (2). Pub. L. 96–364, § 403(e)(1), inserted “basic” before “benefits” and “or 1322a” after “1322”.Enacted provision · exact public law section
(1) in paragraphs (2) and (3)— (A) by inserting “or 4022A” after “4022”; and (B) by inserting “basic” before “benefits”; andEffective date note
Amendment by Pub. L. 96–364 effective Sept. 26, 1980, except as specifically provided, see section 1461(e) of this title.Multiemployer Pension Plan Amendments Act of 1980
Pub. L. 96–364 § 403(e) · 94 Stat. 1208
Inserted · 29 U.S.C. § 1346(3)
Pub. L. 96–364, § 403(e), inserted “basic” before “benefits” and “or 1322a” after “1322”
Substituted · 29 U.S.C. § 1346(3)
Pub. L. 96–364, § 403(e), substituted “1322b” for “1322(b)(5)”
Source evidence
Code amendment note
Par. (3). Pub. L. 96–364, § 403(e), inserted “basic” before “benefits” and “or 1322a” after “1322”, and substituted “1322b” for “1322(b)(5)”.Enacted provision · exact public law section
(e) Section 4046 is amended— 29 USC 1346. (1) in paragraphs (2) and (3)— (A) by inserting “or 4022A” after “4022”; and (B) by inserting “basic” before “benefits”; and (2) in paragraph (3), by striking out “4022(b)(5)” and inserting in lieu thereof “4022B”.Effective date note
Amendment by Pub. L. 96–364 effective Sept. 26, 1980, except as specifically provided, see section 1461(e) of this title.
4 of 4 references resolved to an enrolled provision
Editorial Notes
Amendments
1980—Par. (2). Pub. L. 96–364, § 403(e)(1), inserted “basic” before “benefits” and “or 1322a” after “1322”.
Par. (3). Pub. L. 96–364, § 403(e), inserted “basic” before “benefits” and “or 1322a” after “1322”, and substituted “1322b” for “1322(b)(5)”.
Statutory Notes and Related Subsidiaries
Effective Date of 1980 Amendment
Amendment by Pub. L. 96–364 effective , except as specifically provided, see section 1461(e) of this title.
Credits
1974–1980 · 2 acts
- 1974Pub. L. 93–406, title IV, § 4046, , 88 Stat. 1028
- 1980Pub. L. 96–364, title IV, § 403(e), , 94 Stat. 1301.
Show as published
(Pub. L. 93–406, title IV, § 4046, , 88 Stat. 1028; Pub. L. 96–364, title IV, § 403(e), , 94 Stat. 1301.)