Allocation of funding deficiency

[Guest Doug P]

Are there regulations relating to how a funding deficiency is allocated within a multiemployer plan? For example, one reasonable interpretation may be to allocate the funding deficiency as a percentage of contributions made to the plan. Maybe the answer to my question is included in the participation agreement?

Any direction would be greatly appreciated.

Thanks,

Doug

[Effen]

This question may show my ignorance --- but why are you allocating a funding deficiency. To whom are your trying to allocate it, and why?

Are you talking about the excise tax on the deficiency? If so, aren't they in Critical status so the excise tax shouldn't apply?