Notice 2009-22 provides guidance on changes made to the asset valuation methods permitted to be used for funding purposes as a result of changes made under the Worker, Retiree and Employer Recovery Act of 2008.
Document Excerpt
This notice provides interim rules regarding asset valuation methods that are permitted to be used by single employer defined benefit pension plans for minimum funding purposes pursuant to changes made by the Worker, Retiree, and Employer Recovery Act of 2008, Public Law 110-458 (WRERA). This notice also provides automatic approval for a change in asset valuation method for plan years beginning during 2009 to adopt any permissible asset valuation method.
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