Use of service with a foreign affiliate w/ offset

[Guest Cal]

Does anyone have experience with crediting of service with a foreign affiliate for purposes of determining credited service under a DB plan with a benefit offset for benefits under the foreign plan attributable to the same period for which service is credited under US Plan?

See Reg. 1.401(a)(4)-11(d)

See Reg. 1.401(a)(4)-3(f)(9).

E.g. how did you handle the exchange rate issue?

Any examples of plan language?

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