Can a one life calendar year standardized MP plan terminate currently, adopt a DB plan for 2001 and fund only the DB plan for 2001??? I'm thinking this since a DB plan is considered a greater benefit than a MP plan.
Gregory
Dec 13 2001, 01:49 PM
I believe it depends upon your plan's provision relating to a last day of service rule.
Because your standardized plan doesn't have one, I think you are stuck with the MP plan for 2001.