On December 11, the IRS extended the deadline for adopting amendments to reflect certain provisions of the Pension Protection Act of 2006 (PPA) by a year (until the last day of the first plan year that begins on or after January 1, 2010, or December 31, 2010, for plans with a calendar plan year). Previously, all amendments reflecting PPA provisions were generally required to be adopted by the end of the 2009 plan year. It is important to note that the relief described in this Alert only extends the deadline for adopting amendments to reflect the PPA provisions listed below. The dates as of which a plan must be operated in compliance with these rules have not been extended, and the amendment deadline has not been extended for any other amendments required under the PPA.
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