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Letter to IRS Following Discussion on Issues of Amortization Relief for Multiemployer Plans (PDF)
American Academy of ActuariesLink to more items from this source
Feb. 14, 2005
1 page. Excerpt: As discussed, some multiemployer plans are facing funding deficiencies that could be relieved if granted an extension under 412(e). However, because of issues related to the low statutory interest rate that applies to the determination of payments during the extension period, those plans that have filed applications (between 20 and 30) have not been given any guidance as to if, and/or when, they would be granted such relief.

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