Withdrawal liability established; criteria and definitions.
Determination and collection of liability; notification of employer.
Complete withdrawal.
(a) Determinative factors.
(b) Building and construction industry.
(c) Entertainment industry.
(d) Other determinative factors.
(e) Date of complete withdrawal.
(f) Special liability withdrawal rules for industries other than construction and entertainment industries; procedures applicable to amend plans.
Sale of assets.
(a) Complete or partial withdrawal not occurring as a result of sale and subsequent cessation of covered operations or cessation of obligation to contribute to covered operations; continuation of liability of seller.
(b) Liability of purchaser.
(c) Variances or exemptions from continuation of liability of seller; procedures applicable.
(d) "Unrelated party" defined.
Partial withdrawals.
(a) Determinative factors.
(b) Criteria applicable.
(c) Retail food industry.
(d) Continuation of liability of employer for partial withdrawal under amended plan.
Adjustment for partial withdrawal; determination of amount; reduction for partial withdrawal liability; procedures applicable.
Reduction or waiver of complete withdrawal liability; procedures and standards applicable.
Reduction of partial withdrawal liability.
(a) Obligation of employer for payments for partial withdrawal for plan years beginning after the second consecutive plan year following the partial withdrawal year; criteria applicable; furnishing of bond in lieu of payment of partial withdrawal liability.
(b) Obligation of employer for payments for partial withdrawal for plan years beginning after the second consecutive plan year; other criteria applicable.
(c) Pro rata reduction of amount of partial withdrawal liability payment of employer for plan year following partial withdrawal year.
(d) Building and construction industry; entertainment industry.
(e) Reduction or elimination of partial withdrawal liability under any conditions; criteria; procedures applicable.
De minimis rule.
(a) Reduction of unfunded vested benefits allocable to employer withdrawn from plan.
(b) Amendment of plan for reduction of amount of unfunded vested benefits allocable to employer withdrawn from plan.
(c) Nonapplicability.
(d) Presumption of employer withdrawal from plan pursuant to agreement or arrangement applicable in action or proceeding to determine or collect withdrawal liability.
Nonapplicability of withdrawal liability for certain temporary contribution obligation periods; exception.
Methods for computing withdrawal liability.
(a) Determination of amount of unfunded vested benefits allocable to employer withdrawn from plan.
(b) Factors determining computation of amount of unfunded vested benefits allocable to employer withdrawn from plan.
(c) Amendment of multiemployer plan for determination respecting amount of unfunded vested benefits allocable to employer withdrawn from plan; factors determining computation of amount.
(d) Method of calculating allocable share of employer of unfunded vested benefits set forth in subsection (c)(3) of this section; applicability of certain statutory provisions.
(e) Reduction of liability of withdrawn employer in case of transfer of liabilities to another plan incident to withdrawal or partial withdrawal of employer.
(f) Computations applicable in case of withdrawal following merger of multiemployer plans.
Obligation to contribute.
(a) "Obligation to contribute" defined.
(b) Payments of withdrawal liability not considered contributions.
(c) Transactions to evade or avoid liability.
Actuarial assumptions.
(a) Use by plan actuary in determining unfunded vested benefits of a plan for computing withdrawal liability of employer.
(b) Factors determinative of unfunded vested benefits of plan for computing withdrawal liability of employer.
(c) Determination of amount of unfunded vested benefits.
Application of plan amendments; exception.
Plan notification to corporation of potentially significant withdrawals.
Special rules for plans under section 404(c) of title 26.
(a) Amount of withdrawal liability; determinative factors.
(b) Covered plans.
(c) Amount of liability of employer; "a year of signatory service" defined.
Application of part in case of certain pre-1980 withdrawals; adjustment of covered plan.
Withdrawal not to occur because of change in business form or suspension of contributions during labor dispute.
Notice, collection, etc., of withdrawal liability.
(a) Furnishing of information by employer to plan sponsor.
(b) Notification, demand for payment, and review upon complete or partial withdrawal by employer.
(c) Payment requirements; amount, etc.
(d) Applicability of statutory prohibitions.
Approval of amendments.
(a) Amendment of covered multiemployer plan; procedures applicable.
(b) Amendment respecting methods for computing withdrawal liability.
(c) Criteria for disapproval by corporation.
Resolution of disputes.
(a) Arbitration proceedings; matters subject to arbitration, procedures applicable, etc.
(b) Alternative collection proceedings; civil action subsequent to arbitration award; conduct of arbitration proceedings.
(c) Presumption respecting finding of fact by arbitrator.
(d) Payments by employer prior and subsequent to determination by arbitrator; adjustments; failure of employer to make payments.
(e) Procedures applicable to certain disputes.
(f) Procedures applicable to certain disputes.
Reimbursements for uncollectible withdrawal liability.
(a) Required supplemental program to reimburse for payments due from employers uncollectible as a result of employer involvement in bankruptcy case or proceedings; program participation, premiums, etc.
(b) Discretionary supplemental program to reimburse for payments due from employers uncollectible for other appropriate reasons.
(c) Payment of cost of program.
(d) Terms and conditions, limitations, etc., of supplemental program.
(e) Arrangements by corporation with private insurers for implementation of program; election of coverage by participating plans with private insurers.
Withdrawal liability payment fund.
(a) Establishment of or participation in fund by plan sponsors.
(b) Definitions.
(c) Payments to plan; amount, criteria, etc.
(d) Application of payments by plan.
(e) Subrogation of fund to rights of plan.
(f) Discharge of rights of fiduciary of fund; standards applicable, etc.
(g) Prohibition on payments from fund to plan where certain labor negotiations involve employer withdrawn or partially withdrawn from plan and continuity of labor organization representing employees continues.
(h) Purchase of insurance by employer.
(i) Promulgation of regulations for establishment and maintenance of fund.
Alternative method of withdrawal liability payments.
Limitation on withdrawal liability.
(a) Unfunded vested benefits allocable to employer in bona fide sale of assets of employer in arms-length transaction to unrelated party; maximum amount; determinative factors.
(b) Unfunded vested benefits allocable to insolvent employer undergoing liquidation or dissolution; maximum amount; determinative factors.
(c) Property not subject to enforcement of liability; precondition.
(d) Insolvency of employer; liquidation or dissolution value of employer.
(e) One or more withdrawals of employer attributable to same sale, liquidation, or dissolution.
PART 2 - MERGER OR TRANSFER OF PLAN ASSETS OR LIABILITIES