Regulations last checked for updates: Jun 01, 2024

Title 29 - Labor last revised: May 28, 2024
§ 4231.14 - Description of financial assistance merger.

A request for a financial assistance merger must include the following information about the proposed financial assistance merger:

(a) A detailed description of the proposed financial assistance merger, including any larger integrated transaction of which the merger is a part (including, but not limited to, an application for suspension of benefits under section 305(e)(9)(G) of ERISA).

(b) A narrative description of the events that led to the plan sponsors' decision to submit a request for a financial assistance merger.

(c) A narrative description of significant risks and assumptions relating to the proposed financial assistance merger and the projections provided in support of the request.

(d) A detailed description of the estimated total amount of financial assistance the plan sponsors request for each year, including the supporting data, calculations, assumptions, and a description of the methodology used to determine the estimated amounts.

authority: 29 U.S.C. 1302(b)(3)
source: 83 FR 46653, Sept. 14, 2018, unless otherwise noted.
cite as: 29 CFR 4231.14