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Recent Guidance on Hybrid Plans Gives Sponsors Interest Rate Options (PDF)
ERISAdiagnostics, Inc. via Thompson Pension Plan Fix-It Handbook Link to more items from this source
[Guidance Overview]
Nov. 4, 2014
"The final regulations permit the use of a rate of return based on a subset of plan assets subject to certain conditions. The new preamble explains that some plan sponsors may want to credit interest differently for different groups of participants, such using a less-volatile rate for long-service employees.... A plan can change a benefit formula prospectively but is prohibited under federal tax Code Section 411(d)(6) from cutting back on accrued benefits."

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