Regional Vice President of Sales The Retirement Plan Company
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Loan & Distribution Specialist AimPoint Pension
|
Compass
|
Bates & Company, Inc.
|
AimPoint Pension
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
IRS Sets Forth Procedures for Multiemployer Plan Amortization Extensions (PDF)
Buck [Guidance Overview] Jan. 19, 2011
The IRS has issued Rev. Proc. 2010-52, which updates the procedures set forth in Rev. Proc. 2008-67 for sponsors of multiemployer defined benefit pension plans to obtain 'automatic' or discretionary 'alternative' extensions of the amortization period for unfunded liabilities. The new procedures, which are effective for ruling requests submitted on or after January 1, 2011, follow the prior procedures but make some helpful changes, especially extra time to file the application and the actuary's ability to consider pending extension requests when doing 'zone' certifications.
|
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |