§206. Special rule for certain benefits funded under an agreement approved by the pension benefit guaranty corporation

Pension Protection Act of 2006

Title II Funding rules for Multiemployer Defined Benefit Plans and Related Provisions

Subtitle A Amendments to Employee Retirement Income Security Act of 1974

§201. Funding rules for multiemployer defined benefit plans

§202. Additional funding rules for multiemployer plans in endangered or critical status

In the case of a multiemployer plan that is a party to an agreement that was approved by the Pension Benefit Guaranty Corporation prior to June 30, 2005, and that-

(1) increases benefits, and

(2) provides for special withdrawal liability rules under section 4203(f) of the Employee Retirement Income Security Act of 1974 (29 U.S.C. 1383),

the amendments made by sections 201, 202, 211, and 212 of this Act shall not apply to the benefit increases under any plan amendment adopted prior to June 30, 2005, that are funded pursuant to such agreement if the plan is funded in compliance with such agreement (and any amendments thereto).

Subtitle B Amendments to Internal Revenue Code of 1986