Andy the Actuary Posted December 4, 2007 Posted December 4, 2007 On December 3, the PBGC issued technical advice stipulating in particular that PPA interest and mortality provisions "(regardless of whether they were added to the plan before, or on or after, the plan’s termination date are not effective for a plan with a termination date before the beginning of its 2008 plan year, even if the distribution date is after the 2007 plan year." This is in contrast to the position they took when GATT was introduced (See ASPPA asap NO. 06-38; November 15, 2006) See this important link: http://www.pbgc.gov/practitioners/law-regu...nt/tu16272.html The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional advice.
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