Guest Tara Curran Posted January 31, 2003 Posted January 31, 2003 If an MPP merged with a 401(k) plan effective February 1, 2002 and had the last day of the year rule, does someone who terminated during 2002 receive an MPP contribution since the plan was merged?
mbozek Posted January 31, 2003 Posted January 31, 2003 What does the plan document provide? Was the mp plan merged into the PS plan without any reqirement to make futrue contributions? mjb
Guest Tara Curran Posted January 31, 2003 Posted January 31, 2003 The plan document provides for 1 month of contributions for January 2002.
mbozek Posted January 31, 2003 Posted January 31, 2003 but when does the right to the benefit accrue under the terms of the merged plan? as of 1/31/02 or 12/31/02? What happened to the lpast day provison in the MPP? If no one thought this issue through then give the benefit to all part. as of 1/31/02. mjb
2muchstress Posted January 31, 2003 Posted January 31, 2003 Agree. I have always taken the conservative approach and have given contributions to any active participant on the date of the merger.
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