PPA amendments

[ERISA25]

It is my understanding that for a calendar year plan all PPA amendments must be made by the last day of the 2009 plan year. Am I right that there has not been any extensions that would allow the Plan to wait until its cycle filing date to adopt such amendments?

[Mike Preston]

I'm not sure I would use the phrase "all PPA amendments", because I think the requirement is for "good-faith PPA amendments", but no, there has been no extension.

[ERISA25]

Mike,

I'm not sure I completely understand the term "good faith amendments." I believe that you're saying that all good faith amendments must be adopted by 12/31/2009 for calendar year plans.