§ 4231.14 - Description of financial assistance merger.  


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  • § 4231.14 Description of financial assistance merger.

    A request for a financial assistance merger must include the following information about the proposed financial assistance merger:

    (a) A detailed description of the proposed financial assistance merger, including any larger integrated transaction of which the merger is a part (including, but not limited to, an application for suspension of benefits under section 305(e)(9)(G) of ERISA).

    (b) A narrative description of the events that led to the plan sponsors' decision to submit a request for a financial assistance merger.

    (c) A narrative description of significant risks and assumptions relating to the proposed financial assistance merger and the projections provided in support of the request.

    (d) A detailed description of the estimated total amount of financial assistance the plan sponsors request for each year, including the supporting data, calculations, assumptions, and a description of the methodology used to determine the estimated amounts.