Promoting jobs, protecting people
NATLEX
Database of national labour, social security and related human rights legislation

United States of America (1,638) > Social security (general standards) (462)

Name: Non-Discrimination Requirements for Certain Defined Contribution Retirement Plans. Final Regulations (26 CFR Part 1).
Country: United States of America
Subject(s): Old-age, invalidity and survivors benefit
Type of legislation: Regulation, Decree, Ordinance
Adopted on: 2001-06-29
Entry into force:
Published on: Federal Register, 2001-06-29, Vol. 66, No. 126, pp. 34535-34545
ISN: USA-2001-R-59646
Link: https://www.ilo.org/dyn/natlex/natlex4.detail?p_isn=59646&p_lang=en
Bibliography: Federal Register, 2001-06-29, Vol. 66, No. 126, pp. 34535-34545
Abstract/Citation: Permits certain defined contribution retirement plans to demonstrate compliance with non-discrimination requirements based on plan benefits rather than contributions. Defined contribution plan can test on a benefit basis if it provides broadly available allocation rates, age-based allocations, or passes a gateway requiring allocation rates for non-highly compensated employees to be at least 5 per cent of pay or at least one-third of the highest allocation rate for highly compensated employees.

© Copyright and permissions 1996-2014 International Labour Organization (ILO) | Privacy policy | Disclaimer