Automatic Approval For Change in Funding Method

Announcement 2015-03 provides automatic approval for a change in funding method of a single employer defined benefit plan in the case of a takeover of the plan by a new service provider.

Document Excerpt

 This announcement provides automatic approval of a change in funding method with respect to a single-employer defined benefit plan under certain circumstances in which the change in method results from a change in the plan’s enrolled actuary. The automatic approval provided by this announcement will apply for plan years beginning on or after January 1, 2013.


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