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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Treasury Department Letter Approving MPRA Benefit Reductions Proposed by Iron Workers Local 17 Pension Fund (PDF)
U.S. Department of the Treasury Dec. 19, 2016 "In consultation with the [DOL] and the [PBGC], Treasury has determined [1] that the Plan is eligible to reduce benefits ... [2] that the Application satisfies the requirements of ... section 432(e)(9) of the Internal Revenue Code ... subject to your revision of the proposed Plan amendment included in your Application.... [T]he Application is approved, subject to your revision of the proposed amendment.... [No] suspension of benefits may take effect before a vote of the participants of the plan with respect to the suspension." |
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