Missing participant lump sum assumptions

Missing participant lump sum assumptions means the interest rate and mortality assumptions and actuarial methods for determining the lump sum value of a benefit under 4022.7 of this chapter applied -
(1) As if the deemed distribution date were the termination date; and
(2) Without using the expected retirement age assumptions in §§ 4044.55 through 4044.57 of this chapter.

Source

29 CFR § 4050.2

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Scoping language

The following terms are defined in 4001.2 of this chapter: annuity, Code, ERISA, insurer, irrevocable commitment, mandatory employee contributions, normal retirement age, PBGC, person, plan, plan administrator, plan year and title IV benefit.

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