PUBLIC LAW 109–280—AUG. 17, 2006
120 STAT. 939
‘‘(4) FORM AND MANNER.—Any notice under paragraph (1)— ‘‘(A) shall be provided in a form and manner prescribed in regulations of the Secretary, ‘‘(B) shall be written in a manner so as to be understood by the average plan participant, and ‘‘(C) may be provided in written, electronic, or other appropriate form to the extent such form is reasonably accessible to persons to whom the notice is required to be provided.’’. (b) REPEAL OF NOTICE TO PARTICIPANTS OF FUNDING STATUS.— (1) IN GENERAL.—Title IV of such Act (29 U.S.C. 1301 et seq.) is amended by striking section 4011. (2) CLERICAL AMENDMENT.—Section 1 of such Act is amended in the table of contents by striking the item relating to section 4011. (c) MODEL NOTICE.—Not later than 1 year after the date of the enactment of this Act, the Secretary of Labor shall publish a model version of the notice required by section 101(f) of the Employee Retirement Income Security Act of 1974. The Secretary of Labor may promulgate any interim final rules as the Secretary determines appropriate to carry out the provisions of this subsection. (d) EFFECTIVE DATE.— (1) IN GENERAL.—The amendments made by this section shall apply to plan years beginning after December 31, 2007, except that the amendment made by subsection (b) shall apply to plan years beginning after December 31, 2006. (2) TRANSITION RULE.—Any requirement under section 101(f) of the Employee Retirement Income Security Act of 1974 (as amended by this section) to report the funding target attainment percentage or funded percentage of a plan with respect to any plan year beginning before January 1, 2008, shall be treated as met if the plan reports— (A) in the case of a plan year beginning in 2006, the funded current liability percentage (as defined in section 302(d)(8) of such Act) of the plan for such plan year, and (B) in the case of a plan year beginning in 2007, the funding target attainment percentage or funded percentage as determined using such methods of estimation as the Secretary of the Treasury may provide.
Regulations.
29 USC 1311.
Deadline. 29 USC 1021 note.
29 USC 1021 note.
SEC. 502. ACCESS TO MULTIEMPLOYER PENSION PLAN INFORMATION.
(a) FINANCIAL INFORMATION WITH RESPECT TO MULTIEMPLOYER PLANS.— (1) IN GENERAL.—Section 101 of the Employee Retirement Income Security Act of 1974 (29 U.S.C. 1021), as amended by section 103, is amended— (A) by redesignating subsection (k) as subsection (l); and (B) by inserting after subsection (j) the following new subsection: ‘‘(k) MULTIEMPLOYER PLAN INFORMATION MADE AVAILABLE ON REQUEST.— ‘‘(1) IN GENERAL.—Each administrator of a multiemployer plan shall, upon written request, furnish to any plan participant
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