Help - Search - Members - Calendar
Full Version: over age 65 accruals
BenefitsLink Message Boards > Retirement Plans > Defined Benefit Plans, Including Cash Balance
Gary
My understanding is that current regs provide that if a plan does not provide notice of suspension of benefits, then they must provide for the greater of the actual accrued benefit at late ret. or the act. equiv. of such ben. Any other thoughts?
david rigby
My understanding is that, if the plan provides the greater of
(1) additional accruals, or
(2) the actuarial equivalent of the NRD benefit, then
the plan is exempt from the DOL requirement to notify participants of the "suspension" or "forfeiture" of benefits.

Hmm, I wonder what would happen to Social Security if the federal govenrment were required to follow its own rules.
This is a "lo-fi" version of our main content. To view the full version with more information, formatting and images, please click here.
Invision Power Board © 2001-2012 Invision Power Services, Inc.