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PBGC | RIN: 1212-AB19 | Publication ID: Spring 2009 |
Title: ●USERRA Benefits Under Title IV of ERISA | |
Abstract: The Uniformed Services Employment and Reemployment Rights Act of 1994 (USERRA) provides that an individual who leaves his or her job to serve in the uniformed services is generally entitled to reemployment by his or her previous employer and, upon reemployment, to receive credit for benefits, including employee pension plan benefits, that would have accrued but for the employee's absence due to military service. This proposed rule would amend PBGC's benefit payments regulation to deem a participant who is in military service on the plan's termination date to satisfy the reemployment condition for entitlement to USERRA benefits as of the plan's termination date, so long as the participant is reemployed after the termination date in accordance with USERRA requirements. | |
Agency: Pension Benefit Guaranty Corporation(PBGC) | Priority: Substantive, Nonsignificant |
RIN Status: First time published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: No | Unfunded Mandates: No |
CFR Citation: Not Yet Determined (To search for a specific CFR, visit the Code of Federal Regulations.) | |
Legal Authority: PL 103-353 29 USC 1322 |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: No | Government Levels Affected: None |
Small Entities Affected: No | Federalism: No |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Constance Markakis Legislative and Policy Counsel Pension Benefit Guaranty Corporation Legislative and Regulatory Department, 1200 K Street NW., Washington, DC 20005-4026 Phone:202 326-4024 TDD Phone:800 877-8339 Fax:202 326-4220 Email: markakis.constance@pbgc.gov |