Top Heavy DB plans

[Guest GaryGaryGary]

After being top heavy for over a decade, we're back to non top-heavy status.

Does the benefit accrued through the end of the top heavy period serve as a minimum benefit against all benefit accruals (a la' extended wearaway- - them's fightin words) or is it the A+B approach?

The plan document and SPD are silent.

Please copy actuarylaw@yahoo.com on your response to the bulletin board. thanks!

Gary

[Lou S.]

Typically it is like extended were-away. Greater of plan benefit or top-heavy benefit. It's just that the top heavy benefit may be greater than the plan benefit for a long time. But usually it is somewhere in the plan document.