Pension Plan Distribution Restrictions under the Nondiscrimination Regulations
David A. Pratt
Albany Law School
Journal of Pension Benefits, Vol. 13, No. 2, p. 3, Winter 2006
Distribution restrictions designed to prevent defined benefit plans from paying substantial benefits to highly compensated employees (HCEs), leaving insufficient funds for non-highly compensated employees (NHCEs), can have a draconian effect, particularly on small plans with most benefits attributable to HCEs.
Keywords: highly compensated employees, non-highly compensated employees, Pension Plan
Date posted: July 23, 2009