29 CFR § 4211.3 - Special rules for construction industry and Code section 404(c) plans.

---
identifier: "/us/cfr/t29/s4211.3"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "29 CFR § 4211.3 - Special rules for construction industry and Code section 404(c) plans."
title_number: 29
title_name: "Labor"
section_number: "4211.3"
section_name: "Special rules for construction industry and Code section 404(c) plans."
chapter_name: "PENSION BENEFIT GUARANTY CORPORATION"
subchapter_number: "I"
subchapter_name: "WITHDRAWAL LIABILITY FOR MULTIEMPLOYER PLANS"
part_number: "4211"
part_name: "ALLOCATING UNFUNDED VESTED BENEFITS TO WITHDRAWING EMPLOYERS"
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); 1391(c)(1), (c)(2)(D), (c)(5)(A), (c)(5)(B), (c)(5)(D), and (f)."
regulatory_source: "61 FR 34097, July 1, 1996, unless otherwise noted."
cfr_part: "4211"
---


# 4211.3 Special rules for construction industry and Code section 404(c) plans.

(a) *Construction plans.* A plan that primarily covers employees in the building and construction industry must use the presumptive method for allocating unfunded vested benefits, except as provided in §§ 4211.11(b) and 4211.21(b).

(b) *Code section 404(c) plans.* A plan described in section 404(c) of the Code or a continuation of such a plan must use the rolling-5 method for allocating unfunded vested benefits unless the plan sponsor, by amendment, adopts an alternative method or modification.

[86 FR 1271, Jan. 8, 2021]