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Minimum Vesting Standards for Non Electing Church Plans


Guest meggie
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Can anyone tell me where to locate IRS Section 401(a)(4) and 401(a)(7) as it existed on 9/1/74? I need to find out what the pre ERISA minimum vesting standards were which are applicable to non electing Church Plans.

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"(4) if the contributions or benefits provided under the plan do notdiscriminate in favor of employees who are officers, shareholders, persons whose principal duties consist in supervising the work of other employees, or highly compensated employees."

"(7) A trust shall not constitute a qualified trust under this section unless the plan of which such trust is a part provides that, upon its termination or upon complete discontinuance of contributions under the plan, the rights of all employees to benefits accrued to the date of such termination or discontinuance, to the extent then funded, or the amounts credited to the employees' accounts are nonforfeitable. This paragraph shall not apply to benefits or contributions which, under provisions of the plan adopted pursuant to regulations prescribed by the Secretary or his delegate to preclude the discrimination prohibited by paragraph (4), may not be used for designated employees in the event of early termination of the plan."

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