Page:United States Statutes at Large Volume 94 Part 1.djvu/1317

 PUBLIC LAW 96-364—SEPT. 26, 1980

94 STAT. 1267

sary for the enforcement of subtitle E and requires by regulation, ^"^e, p. 1217. which may include— "(A) a statement certified by the plan's enrolled actuary of— "(i) the value of all vested benefits under the plan as of the end of the plan year, and "(ii) the value of the plan's assets as of the end of the plan year; "(B) a statement certified by the plan sponsor of each claim for outstanding withdrawal liability (within the meaning of section 4001(a)(12)) and its value as of the end of that Post, p. 1296. plan year and as of the end of the preceding plan year; and "(C) the number of employers having an obligation to contribute to the plan and the number of employers required to make withdrawal liability payments.". SEC. 107. CONTINGENT EMPLOYER LIABILITY INSURANCE.

Section 4023 (as in effect immediately before the date of the Repeal. enactment of this Act) is repealed. 29 USC 1323. SEC. 108. TRANSITION RULES AND EFFECTIVE DATES.

(a) Sections 4081 and 4082 are redesignated as sections 4401 and 4402, respectively. (b) Section 4402 (as redesignated) is amended by striking out subsection (d) and inserting in lieu thereof the following new subsection: "(d) Notwithstanding any other provision of this title, guaranteed benefits payable by the corporation pursuant to its discretionary authority under this section shall continue to be paid at the level guaranteed under section 4022, without regard to any limitation on payment under subparagraph (C) or (D) of subsection (c)(4).". (c)(1) Section 4402 (as redesignated) is further amended by striking out subsection (e) and adding in lieu thereof the following new subsections: "(e)(1) Except as provided in paragraphs (2), (3), and (4), the amendments to this Act made by the Multiemployer Pension Plan Amendments Act of 1980 shall take effect on the date of the enactment of that Act, "(2)(A) Except as provided in this paragraph, part 1 of subtitle E, relating to withdrawal liability, takes effect on April 29, 1980. "(B) For purposes of determining withdrawal liability under part 1 of subtitle E, an employer who has withdrawn from a plan shall be considered to have withdrawn from a multiemployer plan if, at the time of the withdrawal, the plan was a multiemployer plan as defined in section 4001(a)(3) as in effect at the time of the withdrawal. "(3) Sections 4241 through 4245, relating to multiemployer plan reorganization, shall take effect, with respect to each plan, on the first day of the first plan year beginning on or after the earlier of— "(A) the date on which the last collective bargaining agreement providing for employer contributions under the plan, which was in effect on the date of the enactment of the Multiemployer Pension Plan Amendments Act of 1980, expires, without regard to extensions agreed to on or after the date of the enactment of that Act, or "(B) 3 years after the date of the enactment of the Multiemployer Pension Plan Amendments Act of 1980. "(4) Section 4235 shall take effect on April 29, 1980.

26 USC 404, 6511; 29 USC 1461. 29 USC 1461.

29 USC 1322.

Ante, p. 1208. Ante, p. 1217.

Post, p. 1296. Ante, p. 1249.

Effective date. Ante, p. 1247.

�