Guest Kadsmd Posted November 8, 2011 Share Posted November 8, 2011 Looking for some guidance. Company A is acquiring Company B - deal to close mid-December. On January 1, employees of both companies will be on the same benefit plans. However, for the last 2 weeks in December there will be 2 sets of employee benefits - therefore employees, potentially in the same class, will be eligible for different benefits. Is there some grace period after an acquisition where Company A has time to get all employees on the same plans or does it have to be in place the day the deal closes? Thanks Link to comment Share on other sites More sharing options...
david rigby Posted November 9, 2011 Share Posted November 9, 2011 Look in the 410 regs. I think it's the end of the plan year following the plan year in which the merger occurs. I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice. Link to comment Share on other sites More sharing options...
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