Restating a MPPP into a PSP

[Moe Howard]

Can anyone direct me to a website that discuses "Amending and restating a MPPP into a PSP" as opposed to merging a MPPP into an existing PSP ?

[Guest greggi39]

the corbel website had a comparison of merging mpp into p/s or term mpp and starting p/s. i am not sure if it is still on there. www.corbel.com

[mbozek]

I dont see how you can restate a mpp to a psp without either merging or terminating the mppp. In a merger the surviving plan must maintain all the provisions required for a mppp; in a termination all of the mpp provisions are required (e.g., spousal consent , annuity payment requirement.)

[Moe Howard]

mb: It's called "restating a plan" (not merging and not terminating).

[Guest Laura12345]

Datair.com also has an informative outline on the process of merging the plans. They discuss three different procedures that can be followed, all with the ultimate outcome that the plans are merged.

[mbozek]

Since the sucessor plan must maintain all of the provisions required for a MP plan, the procedures are the same as a merger, i.e., the restated plan must contain the MP provisions as well as the PS provisons.