The corporation and the plan administrator of any plan to be terminated under this subtitle shall furnish to the trustee such information as the corporation or the plan administrator has and, to the extent practicable, can obtain regarding—
(1)the amount of benefits payable with respect to each participant under a plan to be terminated,
(2)the amount of basic benefits guaranteed under section
1322a of this title which are payable with respect to each participant in the plan,
(3)the present value, as of the time of termination, of the aggregate amount of basic benefits payable under section
1322a of this title (determined without regard to section
1322b of this title),
(4)the fair market value of the assets of the plan at the time of termination,
(5)the computations under section
1344 of this title, and all actuarial assumptions under which the items described in paragraphs (1) through (4) were computed, and
(6)any other information with respect to the plan the trustee may require in order to terminate the plan.
1980—Par. (2). Pub. L. 96–364, § 403(e)(1), inserted “basic” before “benefits” and “or 1322a” after “1322”.
Par. (3). Pub. L. 96–364, § 403(e), inserted “basic” before “benefits” and “or 1322a” after “1322”, and substituted “1322b” for “1322(b)(5)”.
Effective Date of 1980 Amendment
Amendment by Pub. L. 96–364effective Sept. 26, 1980, except as specifically provided, see section
1461(e) of this title.
The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.
The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013
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Description of Change
Statutes at Large
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