29 U.S.C. § 1383

Complete withdrawal

United States · Title 29 — LABOR · Status: effective

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Citation: 29 U.S.C. § 1383, Complete withdrawal, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/466300
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Full text

For purposes of this part, a complete withdrawal from a multiemployer plan occurs when an employer— Notwithstanding subsection (a), in the case of an employer that has an obligation to contribute under a plan for work performed in the building and construction industry, a complete withdrawal occurs only as described in paragraph (2), if— the plan— A withdrawal occurs under this paragraph if— the employer— For purposes of this subsection, the term “entertainment industry” means— The corporation may by regulation exclude a group or class of employers described in the preceding sentence from the application of this subsection if the corporation determines that such exclusion is necessary— Notwithstanding subsection (a), in the case of an employer who— A withdrawal occurs under this paragraph if— either— If the corporation determines that the employer has no further liability under the plan either— For purposes of this part, the date of a complete withdrawal is the date of the cessation of the obligation to contribute or the cessation of covered operations. Regulations under paragraph (1) shall permit use of special withdrawal liability rules—

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.

Enacted byPub. L. 93-406(H.R. 2)1974-09-02
Employee Retirement Income Security Act of 1974
House: no recorded tallySenate: no recorded tally
Amended byPub. L. 96-364(H.R. 3904)1980-09-26
An act to amend the Employee Retirement Income Security Act of 1974, and the Internal Revenue Code of 1954 to improve retirement income security under private multiemployer pension plans by strengthening the funding requirements for those plans, to authorize plan preservation measures for financially troubled multiemployer pension plans, and to revise the manner in which the pension plan termination insurance provisions apply to multiemployer plans, and for other purposes.
House: no recorded tallySenate: no recorded tally