Page:United States Statutes at Large Volume 94 Part 1.djvu/1347

 PUBLIC LAW 96-364—SEPT. 26, 1980

94 STAT. 1297

(C) by striking out subsection (a)(6) and inserting in lieu thereof the following: "(6) 'basic benefits' means benefits guaranteed under section "Basic benefits; 4022 (other than under section 4022(c)), or under section 4022A 29 USC 1322. Ante, p. 1210. (other than under section 4022A(g));"; (D) in subsection (a)(7), by striking out the period and inserting in lieu thereof "or 4022A(g);"; (E) by inserting at the end of subsection (a) the following new Definitions. paragraphs: "(8) 'nonforfeitable benefit' means, with respect to a plan, a benefit for which a participant has satisfied the conditions for entitlement under the plan or the requirements of this Act (other than submission of a formal application, retirement, completion of a required waiting period, or death in the case of a benefit which returns all or a portion of a participant's accumulated mandatory employee contributions upon the participant's death), whether or not the benefit may subsequently be reduced or suspended by a plan amendment, an occurrence of any condition, or operation of this Act or the Internal Revenue Code of1954; 26 USC 1. "(9) 'reorganization index' means the amount determined under section 4241(b); Ante, p. 1249. "(10) 'plan sponsor' means, with respect to a multiemployer plan— "(A) the plan's joint board of trustees, or "(B) if the plan has no joint board of trustees, the plan administrator; "(11) 'contribution base unit* means a unit with respect to which an employer has an obligation to contribute under a multiemployer plan, as defined in regulations prescribed by the Secretary of the Treasury; and "(12) outstanding claim for withdrawal liability' means a plan's claim for the unpaid balance of the liability determined under part 1 of subtitle E for which demand has been Ante, p. 1217. made, valued in accordance with regulations prescribed by the corporation."; (F) by adding the following new paragraphs at the end of subsection (c)(1) (as redesignated): "(2) For purposes of this title, 'single-employer plan' means, except "Singleas otherwise specifically provided in this title, any plan which is not a employer plan.' multiemployer plan. "(3) For purposes of this title, except as otherwise provided in this title, contributions or other pemnents shall be considered made under a plan for a plan year if they are made within the period prescribed under section 412(c)(10) of the Internal Revenue Code of 26 USC 412. 1954. "(4) For purposes of subtitle E, 'Secretary of the Treasury' means "Secretary of the Treasury.' the Secretly of the Treasury or such Secretary's delegate.". Ante, p. 1217. (2) Section 4003 is amended— (A) in subsection (a), by striking out "determine whether any 29 USC 1303. person has violated or is about to violate" and inserting in lieu thereof "enforce"; (B) in subsection (e)(D, by striking out "redress violations o f and inserting in lieu thereof "enforce", and (C) in subsection (f) by inserting at the end thereof the following new sentence: "In any suit, action, or proceeding in which the corporation is a party, or intervenes under section 4301, in any Ante, p. 1263. State court, the corporation may, without bond or security.

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