Finanse publiczne · 23.05.1995

Delegation of Authority

The authority to determine that a plan amendment is reasonable and provides for only de minimis increases in the liabilities of the plan in accordance with section 412(f)(2)(A) of the Internal Revenue Code (Code) and section 304(b)(2)(A) of the Employee Retirement Income Security Act of 1974 (ERISA) has already been delegated to the Director, Employee Plans Division, with authority to redelegate. There is now delegated to the Director, Employee Plans Division, the additional authority to determine that a plan amendment is reasonable and provides for only de minimis increases in the liabilities of the plan in accordance with section 401(a)(3-3)(B)(ii) of the Code and section 204(i)(2)(A) of ERISA, with authority to redelegate, but not below Branch Chiefs, Employee Plans Division.