29 CFR § 4206.10 - Special rule for 70-percent decline partial withdrawals.

---
identifier: "/us/cfr/t29/s4206.10"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "29 CFR § 4206.10 - Special rule for 70-percent decline partial withdrawals."
title_number: 29
title_name: "Labor"
section_number: "4206.10"
section_name: "Special rule for 70-percent decline partial withdrawals."
chapter_name: "PENSION BENEFIT GUARANTY CORPORATION"
subchapter_number: "I"
subchapter_name: "WITHDRAWAL LIABILITY FOR MULTIEMPLOYER PLANS"
part_number: "4206"
part_name: "ADJUSTMENT OF LIABILITY FOR A WITHDRAWAL SUBSEQUENT TO A PARTIAL WITHDRAWAL"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "29 U.S.C. 1302(b)(3) and 1386(b)."
regulatory_source: "61 FR 34086, July 1, 1996, unless otherwise noted."
cfr_part: "4206"
---


# 4206.10 Special rule for 70-percent decline partial withdrawals.

For the purposes of applying the rules in §§ 4206.4 through 4206.9 in any case in which either the prior or subsequent partial withdrawal resulted from a 70-percent contribution decline (or a 35-percent decline in the case of certain retail food industry plans), the first year of the 3-year testing period shall be deemed to be the plan year in which the partial withdrawal occurred.