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Current as of January 02, 2025 | Updated by Findlaw Staff
|
If the total value of the plan's benefit liabilities
(as defined in 29 U.S.C. § 1301(a)(16)), exclusive of the loading charge, is—
|
The loading charge equals— |
|
|---|---|---|
|
greater than |
but less than or equal to |
|
|
$0․․․․․․․․․․․․․․․․․․ |
$200,000 |
5% of the total value of the plan's benefits, plus $200 for each plan participant. |
|
$200,000․․․․․․․․․․․․ |
․․․․․․․․․․․․․․․․․․․․․․․․․ |
$10,000, plus a percentage of the excess of the total value over $200,000, plus $200 for each plan participant; the percentage is equal to 1%+[(P%−7.50%)/10], where P% is the initial rate, expressed as a percentage, set forth in appendix B of this part for the valuation of benefits. |
Cite this article: FindLaw.com - Code of Federal Regulations Title 29. Labor 29 CFR Pt. 4044, App. C—LOADING ASSUMPTIONS - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-29-labor/cfr-pt-29-4044-app-c/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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