29 C.F.R. § 4203.3

Plan adoption of special withdrawal rules

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(a) General rule. A plan may, subject to the approval of the PBGC, establish by plan amendment special complete or partial withdrawal liability rules. A complete withdrawal liability rule adopted pursuant to this part shall be similar to the rules for the construction and entertainment industries described in section 4203 (b) and (c) of ERISA. A partial withdrawal liability rule adopted pursuant to this part shall be consistent with the complete withdrawal rule adopted by the plan. A plan amendment adopted under this part may not be put into effect until it is approved by the PBGC.

(b) Discretionary provisions of the plan amendment. A plan amendment adopted pursuant to this part may—

(1) Cover an entire industry or industries, or be limited to a segment of an industry; and

(2) Apply to cessations of the obligation to contribute that occurred prior to the adoption of the amendment.

Notes of Decisions

Cited in 1 case, 2016–2016 · leading case: Serv. Employees Int'l Union Nat'l Indus. Pension Fund v. Sci. & Com. Sys. Corp., 208 F. Supp. 3d 200 (D.D.C. 2016).

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Serv. Employees Int'l Union Nat'l Indus. Pension Fund v. Sci. & Com. Sys. Corp., 208 F. Supp. 3d 200 (D.D.C. 2016). “” 29 C.F.R. § 4203.3 (b)(1). The I.A.M. Fund Approval, by its terms, is so “limited”—it covers only “certain employers that maintain the I.”

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