Ubiquity Retirement + Savings
Actuaries Unlimited, Inc.
Nexus Administrators, Inc.
Benefit Comply, LLC
West Coast TPA Firm
ftwilliam.com / Wolters Kluwer
The Ryding Company
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|Text of IRS Announcement 2006-70: Election of Alternative Funding Schedule for Airlines (PDF)|
Internal Revenue Service [IRS]
Sept. 14, 2006
2 pages. Excerpt: Section 402(a)(1) of the PPA permits an eligible plan to elect an alternative funding schedule to apply in lieu of the generally applicable minimum funding requirements. An eligible plan is a defined benefit plan (other than a multiemployer plan) that is sponsored by an employer that is a commercial passenger airline or whose principal business is providing catering services to a commercial passenger airline.
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