| 82-9 |
| March 26, 1982 |
| REFERENCE: |
| 4203(b) Complete Withdrawal. Building & Construction Industry Exemption |
| 4203(f) Complete Withdrawal. Special Withdrawal Liability Rules |
| 4208(d) Reduction of Partial Withdrawal Liability. Building & Construction Industry Exemption |
| OPINION: |
| Your letter, on behalf of the plan sponsor, concerning the application of Section 4203(b), 4208(d) and 4203(f) of the |
| Employee Retirement Income Security Act (ERISA), as amended by the Multiemployer Pension Plan Amendments Act of |
| 1980 (the "Multiemployer Act"), 29 U.S.C. § § 1383(b), 1388(d), 1383(f), to the * * * Pension Plan ("Plan") has been |
| referred to us by the Department of Labor. You request a determination that the plan is a plan for the building and |
| construction industry within the meaning of § § 4203(b) and 4208(d) for purposes of determining the occurrence of a |
| "withdrawal" from the Plan. In the alternative, you request that the Plan be permitted to adopt withdrawal liability rules |
| similar to the rules for building and construction industry plans pursuant to § 4203(f). |
| Under the Multiemployer Act, the plan sponsor has the initial responsibility to decide such questions consistent with his |
| fiduciary responsibilities. Any disputes between the plan sponsor and a withdrawing employer are to be resolved through |
| statutory review, arbitration and, if necessary, court proceedings. PBGC will ordinarily avoid interjecting itself in such |
| proceedings by issuing an opinion on the application of the law to a particular set of facts. PBGC will, however, continue |
| to provide guidance on general interpretative questions regarding the Act. |
| In this regard, with respect to your question regarding the meaning of "building and instruction industry" ERISA does not |
| specifically define those activities that are included within the term "building and construction industry". The House report |
| on the Multiemployer Act does indicate that, in applying this special rule, the term should be "given the same meaning as |
| has developed in administration of the Taft-Hartley Act," H.R. Rept 96-869 (Part I) (House Educ. & Labor Comm.), p. 76 |
| (April 2, 1980). See also, Summary & Analysis of S. 1076 (Senate Labor Comm.), p. 14 (April, 1980). Accordingly, if the |
| activities of the contributing employers in the * * * Plan are encompassed by the term "building and construction industry" |
| under the Taft-Hartley Act, then they would be similarly treated under ERISA. |
| With respect to your second request, ERISA § 4203(f), 29 U.S.C. § 4203(f), authorizes PBGC to prescribe regulations |
| under which plans in industries other than construction or entertainment may adopt special withdrawal rules similar to those |
| in § § 4203(b) and 4208(d). PBGC will issue a regulation in this area in the future. |
| I trust this will help you. |
| Henry Rose |
| General Counsel |