October 2005
Practical Accountant;Oct2005, Vol. 38 Issue 10, p16
Trade Publication
The article presents information about some regulations of the U.S. Internal Revenue Service that provide guidance on amendments under Sections 411(a)(3) and 411(d)(6) dealing with protected benefits under qualified retirement plans. The U.S. Supreme Court case Central Laborers' Pension Fund v. Heinz and the Economic Growth and Tax Relief Reconciliation Act have prompted the guidance. In its decision, the Court ruled that plan sponsors were prohibited from expanding postretirement categories of jobs in ways that would result in the suspension of payments of early retirement benefits their retirees already had accrued.


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