Page:United States Statutes at Large Volume 100 Part 1.djvu/304

 100 STAT. 268

PUBLIC LAW 99-272—APR. 7, 1986

SEC. 11016. CONFORMING, CLARIFYING, TECHNICAL, AND MISCELLANEOUS AMENDMENTS. (a) CONFORMING AMENDMENTS RELATING TO PLAN TERMINATIONS.— (1) ESTIMATED BENEFITS FOR CERTAIN SINGLE-EMPLOYER

29 USC 1344.

PLANS.—Section 4005(b)(2) (29 U.S.C. 1305(b)(2)) is amended— (A) by striking out "and" at the end of subparagraph (C); (B) by striking out the period at the end of subparagraph (D) and inserting in heu thereof ", and"; and (C) by adding at the end thereof the following: "(E) to pay to participants and beneficiaries the estimated amount of benefits which are guaranteed by the corporation under this title and the estimated amount of other benefits to which plan assets are allocated under section 4044, under single-employer plans which are unable to pay benefits when due or which are abandoned.". (2) CREDITS TO REVOLVING FUND.—Section 4005(b)(1) (29 U.S.C. 1305(b)(1)) is amended— (A) by striking out "and" at the end of subparagraph (E); (B) by redesignating subparagraph (F) as subparagraph (G); and (C) by inserting after subparagraph (E) the following new subparagraph: "(F) attorney's fees awarded to the corporation, and". (3) RESTORATION OF PLANS.—Section 4047 (29 U.S.C. 1347) is amended— (A) in the first sentence, by inserting "under section 4041 or 4042" after "terminated" each place it appears; and (B) in the second sentence, by striking out "section 4042" and inserting in lieu thereof "section 4041 or 4042". (4) TERMINATION DATE.—Section 4048(a) (29 U.S.C. 1348(a)) is amended— (A) by striking out "date of termination" and inserting in lieu thereof "termination date"; (B) by redesignating paragraphs (1) through (3) as paragraphs (2) through (4), respectively; (C) in paragraph (2) (as redesignated), by inserting "in a distress termination" after "terminated" and by striking out "section 4041" and inserting in lieu thereof "section 4041(c)"; (D) by inserting before paragraph (2) (as redesignated) the following new paragraph: "(1) in the case of a plan terminated in a standard termination in accordance with the provisions of section 4041(b), the termination date proposed in the notice provided under section 4041(a)(2),"; and (E) in paragraph (4) (as redesignated), by striking out "in accordance with the provisions of either section" and inserting in lieu thereof "under section 4041(c) or 4042". (5) CONFORMING AMENDMENTS TO SPECIAL LIABILITY RULES RELATING TO CERTAIN SINGLE-EMPLOYER PLANS UNDER MULTIPLE CONTROLLED GROUPS.— (A) LIABILITY OF SUBSTANTIAL EMPLOYER FOR WITHDRAWAL.—

(i) Section 4063(a) (29 U.S.C. 1363(a)) is amended—

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