Page:United States Statutes at Large Volume 94 Part 1.djvu/1316

 94 STAT. 1266 Ante, p. 1210.

29 USC 1322.

29 USC 1306.

PUBLIC LAW 96-364—SEPT. 26, 1980

and 4022A based, in whole or in part, on the risks insured by the corporation in each plan. "(5)(A) In carrying out its authority under paragraph (1) to establish schedules of premium rates, and bases for the application of those rates, for nonbasic benefits guaranteed under sections 4022 and 4022A, the premium rates charged by the corporation for any period for nonbasic benefits guaranteed shall— "(i) be uniform by category of nonbasic benefits guaranteed, "(ii) be based on the risks insured in each category, and "(iii) reflect the experience of the corporation (including experience which may be reasonably anticipated) in guaranteeing such benefits. "(B) Notwithstanding subparagraph (A), premium rates charged to any multiemployer plan by the corporation for any period for supplemental guarantees under section 4022A(g)(2) may reflect any reasonable considerations which the corporation determines to be appropriate.". (b) Section 4006(b) is amended— (1) by striking out "Committee on Labor and Public Welfare" each place it appears and inserting in lieu thereof "Committee on Labor and Human Resources"; (2) in paragraph (1)— (A) by striking out "coverage"; and (B) by striking out "(B) or (C)" and inserting in lieu thereof "(C), (D), or (E)"; and (3) in paragraph (3), by striking out "coverage". (c) Section 4006 is further amended by adding at the end thereof the following new subsection: "(c)(1) Except as provided in subsection (a)(3), and subject to paragraph (2), the rate for all plans for basic benefits guaranteed under this title with respect to plan years ending after September 2, 1974, is— "(A) in the case of each plan which was not a multiemployer plan in a plan year, an amount equal to $1 for each individual who was a participant in such plan during the plan year, and "(B) in the case of each plan which was a multiemployer plan in a plan year, an amount equal to 50 cents for each individual who was a participant in such plan during the plan year. "(2) The rate applicable under this subsection for the plan year preceding September 1, 1975, is the product of— "(A) the rate described in the preceding sentence; and "(B) a fraction— "(i) the numerator of which is the number of calendar months in the plan year which ends after September 2, 1974, and before the date on which the new plan year commences, and "(ii) the denominator of which is 12.". SEC. 106. ANNUAL REPORT OF PLAN ADMINISTRATOR.

29 USC 1365.

Section 4065 is amended— (1) in paragraph (1), by striking out "and"; (2) in paragraph (2), by striking out the period and inserting in lieu thereof "except to the extent the corporation waives such requirement, and"; and (3) by adding after paragraph (2) the following new paragraph: "(3) in the case of a multiemployer plan, information with respect to such plan which the corporation determines is neces-

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