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Title 29, LaborRelease 119-102

§1348 Termination Date

Title 29 › CHAPTER 18 — EMPLOYEE RETIREMENT INCOME SECURITY PROGRAM › SUBCHAPTER III — PLAN TERMINATION INSURANCE › Subtitle C — Terminations › § 1348

Last updated Aug 21, 2026|Official source

Summary

Tells who decides the plan’s end date for pension plans. For single-employer plans, the end date depends on how the plan ends: in a normal (standard) ending under section 1341(b), it is the date given in the notice under section 1341(a)(2). In a distress ending under section 1341(c), the plan administrator picks the date and the corporation must agree. For endings under section 1342, the corporation picks the date and the plan administrator must agree. If no agreement is reached in those cases, a court sets the date. For multiemployer plans, the end date is set either under section 1341a(b) or, for section 1342 endings, by agreement between the plan administrator and the corporation (or trustee); if they cannot agree, a court sets the date.

Full Legal Text

Title 29, §1348

Labor, Source: USLM XML via OLRC

(a)For purposes of this subchapter the termination date of a single-employer plan is—
(1)in the case of a plan terminated in a standard termination in accordance with the provisions of section 1341(b) of this title, the termination date proposed in the notice provided under section 1341(a)(2) of this title,
(2)in the case of a plan terminated in a distress termination in accordance with the provisions of section 1341(c) of this title, the date established by the plan administrator and agreed to by the corporation,
(3)in the case of a plan terminated in accordance with the provisions of section 1342 of this title, the date established by the corporation and agreed to by the plan administrator, or
(4)in the case of a plan terminated under section 1341(c) or 1342 of this title in any case in which no agreement is reached between the plan administrator and the corporation (or the trustee), the date established by the court.
(b)For purposes of this subchapter, the date of termination of a multiemployer plan is—
(1)in the case of a plan terminated in accordance with the provisions of section 1341a of this title, the date determined under subsection (b) of that section; or
(2)in the case of a plan terminated in accordance with the provisions of section 1342 of this title, the date agreed to between the plan administrator and the corporation (or the trustee appointed under section 1342(b)(2) of this title, if any), or, if no agreement is reached, the date established by the court.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Amendments

1986—Subsec. (a). Pub. L. 99–272 in provisions preceding par. (1) substituted “termination date” for “date of termination”, redesignated pars. (1) to (3) as (2) to (4), respectively, added par. (1), in par. (2), as so redesignated, inserted “in a distress termination” after “terminated” and substituted “section 1341(c)” for “section 1341”, and in par. (4), as so redesignated, substituted “under section 1341(c) or 1342 of this title” for “in accordance with the provisions of either section”. 1980—Subsec. (a). Pub. L. 96–364, § 402(a)(8)(A), (B), designated existing provisions as subsec. (a), and inserted applicability to a single-employer plan. Subsec. (b). Pub. L. 96–364, § 402(a)(8)(C), added subsec. (b).

Statutory Notes and Related Subsidiaries

Effective Date

of 1986 AmendmentAmendment by Pub. L. 99–272 effective Jan. 1, 1986, with certain exceptions, see section 11019 of Pub. L. 99–272, set out as a note under section 1341 of this title.

Effective Date

of 1980 AmendmentAmendment by Pub. L. 96–364 effective Sept. 26, 1980, except as specifically provided, see section 1461(e) of this title.

Reference

Citations & Metadata

Citation

29 U.S.C. § 1348

Title 29, Labor

Last Updated

Aug 21, 2026

Release point: 119-102