§ 4220.1. Purpose and scope.

200 words·~1 min read·/us/cfr/t29/s§ 4220.1·

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(a)General. This part establishes procedures under which a plan sponsor shall request the PBGC to approve a plan amendment under section 4220 of ERISA. This part applies to all multiemployer plans covered by title IV of ERISA that adopt amendments pursuant to the authorization of sections 4201-4219 of ERISA (except for amendments adopted pursuant to section 4211(c)(5)). (The covered amendments are set forth in paragraph

(b)of this section.) The subsequent modification of a plan amendment adopted by authorization of those sections is also covered by this part. This part does not, however, cover a plan amendment that merely repeals a previously adopted amendment, returning the plan to the statutorily prescribed rule.

(b)Covered amendments. Amendments made pursuant to the following sections of ERISA are covered by this part:

(1)Section 4203 (b)(1)(B)(ii).

(2)Section 4203(c)(4).

(3)Section 4205(c)(1).

(4)Section 4205(d).

(5)Section 4209(b).

(6)Section 4210(b)(2).

(7)Section 4211(c)(1).

(8)Section 4211(c)(4)(D).

(9)Section 4211(d)(1).

(10)Section 4211(d)(2).

(11)Section 4219(c)(1)(C)(ii)(I).

(12)Section 4219(c)(1)(C)(iii).

(c)Exception. Submission of a request for approval under this part is not required for a plan amendment for which the PBGC has published a notice in the Federal Register granting class approval.