Page:United States Statutes at Large Volume 88 Part 2.djvu/1097

 88 STAT. ]

CONCURRENT RESOLUTIONS-AUG. 22, 1974

(C) strike out "or so listed on such an electronic quotation system,". (9) In paragraph (35)(B) of section 3, strike out "individual account plans" and insert in lieu thereof "an individual account plan". (10) I n paragraph (37)(A) (ii) of section 3 of the bill, strike out "agreement" and insert in lieu thereof "agreements". (lOA) In paragraph 37(A) (ii) of section 3 of the bill insert "an" before the word "employee". (11) In section 4(b)(5) of the bill, strike out "which" before "is unfunded". (12) In the last sentence of section 102(a)(1) of the bill, strike out "Any" and insert in lieu thereof "A summary of any". (13) I n section 1 0 3 (b)(3)(D) of the bill insert after the phrase "and his relationship or" the words "that of". (14) I n section 103(d)(8) of the bill, strike out "302" and insert inlieuthereof "302(c)(3)". (15) I n section 103(e) of the bill, strike out "fiscal year" and insert in lieu thereof "plan year". (16) Strike out paragraph (1) of section 104(b) of the bill and insert in lieu thereof the following: "(1) The administrator shall furnish to each participant, and each beneficiary receiving benefits under the plan, a copy of the summary, plan description, and all modifications and changes referred to m section 102(a)(1)— " (A) within 90 days after he becomes a participant, or (in the case of a beneficiary) within 90 days after he first receives benefits, or " (B) if later, within 120 days after the plan becomes subject to this part. The administrator shall furnish to each participant, and each beneficiary receiving benefits under the plan, every fifth year after the plan becomes subject to this part an updated summary plan description described in section 102 which integrates all plan amendments made within such five-year period, except that in a case where no amendments have been made to a plan during such five-year period, this sentence shall not apply. Notwithstanding the foregoing, the administrator shall furnish to each participant, and to each beneficiary receiving benefits under the plan, the summary plan description described in section 102 every tenth year after the plan becomes subject to this part. If there is a modification or change described in section 102(a)(1), a summary description of such modification or change shall be furnished not later than 210 days after the end of the plan year in which the change is adopted to each participant, and to each beneficiary who is receiving benefits under the plan." (17) In section 104(d) of the bill, insert "the" before "Treasury". (18) In section 107, strike out "under section 104(a)(3) " each place it appears and insert in lieu thereof "or simplified reporting requirement under section 104(a)(2) or (3)". (19) In section 108, strike out "sections 101 through 107 and section 412 of this Act" each place it appears, and insert in lieu thereof "this part or section 412".

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