mass withdrawal

[Guest JM123]

Can anyone confirm my understanding that a mass withdrawal is the only way a previously withdrawn employer can be held responsible for increased withdrawal liability? Assume no calculation errors were made and that there was no obligation to contribute following the complete withdrawal.

[Effen]

I would agree. However, make sure the original calculation was not just an estimate. It is possible the fund estimated they would not have a liability, however when the actual calcuation was done, it turned out they did.

In general, once the number is determined, it shouldn't change unless there is a mass w/drawal.

[Guest JM123]

I would agree. However, make sure the original calculation was not just an estimate. It is possible the fund estimated they would not have a liability, however when the actual calcuation was done, it turned out they did.

In general, once the number is determined, it shouldn't change unless there is a mass w/drawal.

Thanks for the input. It's the actual liability, not estimated. If there is a mass withdrawal, the adjustments for de minimis and 20-year provisions won't affect us because of the amount of the liability, but I suppose our allocable share of the plan's UVB at the time of the mass w/d could increase.