§ 1394. Application of plan amendments; exception

148 words·~1 min read·/usc/title-29/section-1394

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(a)No plan rule or amendment adopted after January 31, 1981, under section 1389 or 1391(c) of this title may be applied without the employer’s consent with respect to liability for a withdrawal or partial withdrawal which occurred before the date on which the rule or amendment was adopted.

(b)All plan rules and amendments authorized under this part shall operate and be applied uniformly with respect to each employer, except that special provisions may be made to take into account the creditworthiness of an employer. The plan sponsor shall give notice to all employers who have an obligation to contribute under the plan and to all employee organizations representing employees covered under the plan of any plan rules or amendments adopted pursuant to this section.

(Pub. L. 93–406, title IV, § 4214, as added Pub. L. 96–364, title I, § 104(2), Sept. 26, 1980, 94 Stat. 1234.)

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Public Law 96–364
To amend the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code of 1954 to improve retirement income security under private multiemployer pension plans by strengthening the funding requirements for those plans, to authorize plan preservation measures for financially troubl

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Pub. L. 93–406, title IV, § 4214
Pub. L. 96–364, title I, § 104(2)
94 Stat. 1234

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§ 1394

Application of plan amendments; exception

Stat.×1

Pub. L.Pub. L. 93–406, title IV, § 4214

Pub. L.Pub. L. 96–364, title I, § 104(2)

Stat.94 Stat. 1234

Cites 3Cited by 1 across 1 source