103 STAT. 2434 PUBLIC LAW 101-239—DEC. 19, 1989 29 USC 1055. (B) Clause (ii) of section 205(c)(3)(B) of ERISA is amended by striking subclause (V) and inserting at the end thereof the following new flush sentence: "In the case of a participant who separates from service before attaining age 35, the applicable period shall be a reasonable period after separation.". 26 USC 417 note. (2) Section 1898(b)(8) of the Reform Act is amended by adding at the end thereof the following new subparagraph: "(C) EFFECTIVE DATE. — The amendments made by this paragraph shall apply to distributions after the date of the enactment of this Act.". (3) Section 205(h) of ERISA is amended— (A) in paragraph (1), by striking "the term" and inserting "The term", and by striking "benefit," and inserting "bene- fit."; and (B) in paragraph (3), by striking "the term" and inserting "The term". 29 USC 1053. (4) Subparagraph (B) of section 1898(d)(l) of the Reform Act is amended by striking "Paragraph (1)" and inserting "Subsection (e)(D". (5) Section 203(e)(l) of ERISA (as amended by section 29 USC 1053. 1898(d)(l) of the Tax Reform Act of 1986) is further amended to read as follows: "(e)(1) If the present value of any nonforfeitable benefit with respect to a participant in a plan exceeds $3,500, the plan shall provide that such benefit may not be inmiediately distributed with- out the consent of the participant.". (6) Subclause (IV) of section 205(c)(3)(B)(ii) of ERISA is amend- ed by striking "401(a)(ll)" and inserting "205". 29 USC 1055. (7) Subparagraph (B) of section 1898(b)(7) of the Reform Act is amended by striking "Subparagraph (C) of section 205(b)(l)" and inserting "Qause (i) of section 205(b)(l)(C)". (8) Section 205(e)(2) of ERISA is amended by striking "non- t forfeitable accrued benefit" and inserting "nonforfeitable right (within the meaning of section 203)". (9)(A) Subparagraph (B) of section 18980>X14) of the Reform Act is amended by inserting "(as amended by section 1145(b))" after "1974". (B) Paragraph (3) of section 2O50i>) of ERISA (as added by section 18980>X14XB) of the Reform Act) is redesignated as paragraph (4). (10) Section 203(e)(l) of ERISA is amended by striking "vested accrued benefit" and inserting "nonforfeitable benefit". 26 USC 106 note. SEC. 7863. EFFECTIVE DATE. Except as otherwise provided in this subpart, any amendment made by this subpart shall take efTect as if included in the provision of the Reform Act to which such amendment relates. Subpart B—Amendments Related to Omnibus Budget Reconciliation Act of 1986 SEC. 7871. AMENDMENTS RELATED TO OMNIBUS BUDGET RECONCIU- ATI0NACT0F1986. (a) AMENDMENTS RELATED TO SECTION 9202 OF THE ACT. —
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