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§ 890.504 Disposition of contingency reserves upon reorganization or merger of plans
Regulation
5 CFR 890.504
Text
1 passages
5 CFR 890.504Upon reorganization or merger of a plan, OPM must credit to the surviving plan the reserves of the reorganized or merged plan. If more than one plan survives, the reserves must be divided among the surviving plans in proportion to the number of enrollees continuing to subscribe to the surviving plans.
About
- Type
- Regulation section
- Citation
- 5 CFR 890.504
- Last amended
- 2017-01-01
Amendment history
- 2017-01-01Disposition of contingency reserves upon reorganization or merger of plans