Code of Federal Regulations · Section
§ 4281.41 — Benefit Suspensions
29 C.F.R. § 4281.41
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If the plan sponsor determines that the plan is or is expected to be insolvent for a plan year, the plan sponsor shall suspend benefits to the extent necessary to reduce the benefits to the greater of the resource benefit level or the level of guaranteed benefits.
Authorizing Statute
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Pension Benefit Guaranty Corporation29 U.S.C. § 1302