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Partial Termination - Vesting Requirements


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Multiemployer Partial Termination occurred in 2020.  Facts & circumstances - Plan is  > 100% funded (no With Liab or "to the extent funded" issues).  Single large employer who was the only one in the region of the country, shutdown.  Plan's permanent break is 5-years.  Must plan vest back to 2015?  Hyperbole - participant earned 501 hours (1/2 credit) in 2015 and quit.  Must plan protect and vest his accrued benefit for the 1/2 year of service ?

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