inactive participant
Defined in 4 places across 2 titles — 3 distinct definitions of the United States Code.
The term “inactive participant” means, in connection with a multiemployer plan, a participant, or the beneficiary or alternate payee of a participant, who—
(A) is not in covered service under the plan, and
(B) is in pay status under the plan or has a nonforfeitable right to benefits under the plan.
Same definition in 2 sections
- 2006–present26 U.S.C. § 432Internal Revenue Code · Additional funding rules for multiemployer plans in endangered status or critical status · for purposes of this section
- 2007–present29 U.S.C. § 1085Labor · Additional funding rules for multiemployer plans in endangered status or critical status · for purposes of this section
For purposes of this section, “inactive participant” means a person not in covered service under the plan who is in pay status under the plan or who has a nonforfeitable benefit under the plan.
Source
- 1994–present29 U.S.C. § 1425Labor · Adjustments in accrued benefits · for purposes of this section
For purposes of this section, the term “inactive participant” means a person not in covered service under the plan who is in pay status under the plan or who has a nonforfeitable benefit under the plan.
Source
- 1994–present26 U.S.C. § 418DInternal Revenue Code · Adjustments in accrued benefits · for purposes of this section