Special rules governing Pension plans when a company is being purchase

[Guest MAK]

I am trying to find regulations regarding special rules governing pension and other benefit plans when a company is being purchased. I would appreciate if anyne could point me in the right direction. Thanks.

[MoJo]

Well, the regs are really not very helpful - the rule for merging plans is that the benefits (or accounts) immeditately after the merger cannot be less than the benefits (or accounts)immediately prior to the merger. The question is one of whether the plans must merge, and what alternatives are available. That requires a consultative response beyond this message board.

[Dave Baker]

See also the Mergers and Acquisitions Q&A column on BenefitsLink at http://www.benefitslink.com/qa_columns/mer...ons/index.shtml (click)