29 CFR § 4262.13 - Restrictions on special financial assistance.

---
identifier: "/us/cfr/t29/s4262.13"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "29 CFR § 4262.13 - Restrictions on special financial assistance."
title_number: 29
title_name: "Labor"
section_number: "4262.13"
section_name: "Restrictions on special financial assistance."
chapter_name: "PENSION BENEFIT GUARANTY CORPORATION"
subchapter_number: "J"
subchapter_name: "INSOLVENCY, TERMINATION, AND OTHER RULES APPLICABLE TO MULTIEMPLOYER PLANS"
part_number: "4262"
part_name: "SPECIAL FINANCIAL ASSISTANCE BY PBGC"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "29 U.S.C. 1302(b)(3), 1432."
regulatory_source: "87 FR 41006, July 8, 2022, unless otherwise noted."
cfr_part: "4262"
---


# 4262.13 Restrictions on special financial assistance.

(a) *In general.* A plan that receives special financial assistance must be administered in accordance with the restrictions in this section and in § 4262.14.

(b) *Restrictions and use of SFA.* Special financial assistance received, and any earnings thereon—

(1) May be used by the plan only to make benefit payments and pay administrative expenses;

(2) Must be segregated from other plan assets as described in § 4262.14(a);

(3) May be used before other plan assets are used to make benefit payments and pay administrative expenses; and

(4) Must be invested in investment grade bonds or other investments as permitted by PBGC in § 4262.14.