Statute of Limitations

[Dougsbpc]

Generally, we find the answer book series to be an excellent first resource on many plan issues. The interpretations seem to be sound and they always provide sites for reference.

I recently read something in the Plan Termination Answer Book that surpised me.

It read as follows:

"Regardless of the magnitude of the operational defect, any defect that occurred outside the statute of limitations can be ignored"

It seems to me that a plan could be currently disqualified as the result of a prior operational defect even if it occurred outside the statute of limitations as that defect may lead to a current benefit that is incorrect.

Does anyone have an opinion on this?