29 C.F.R. § 4221.2   Definitions.


Title 29 - Labor


Title 29: Labor
PART 4221—ARBITRATION OF DISPUTES IN MULTIEMPLOYER PLANS

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§ 4221.2   Definitions.

The following terms are defined in §4001.2 of this chapter: ERISA, IRS, multiemployer plan, PBGC, plan, and plan sponsor.

In addition, for purposes of this part:

Arbitrator means an individual or panel of individuals selected according to this part to decide a dispute concerning withdrawal liability.

Employer means an individual, partnership, corporation or other entity against which a plan sponsor has made a demand for payment of withdrawal liability pursuant to section 4219(b)(1) of ERISA.

Party or parties means the employer and the plan sponsor involved in a withdrawal liability dispute.

Withdrawal liability dispute means a dispute described in §4221.1(a) of this chapter.

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