29 CFR § 4281.33 - Restoration of benefits.

---
identifier: "/us/cfr/t29/s4281.33"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "29 CFR § 4281.33 - Restoration of benefits."
title_number: 29
title_name: "Labor"
section_number: "4281.33"
section_name: "Restoration of benefits."
chapter_name: "PENSION BENEFIT GUARANTY CORPORATION"
subchapter_number: "J"
subchapter_name: "INSOLVENCY, TERMINATION, AND OTHER RULES APPLICABLE TO MULTIEMPLOYER PLANS"
part_number: "4281"
part_name: "DUTIES OF PLAN SPONSOR FOLLOWING MASS 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), 1341(a), 1399(c)(1)(D), 1431, and 1441."
regulatory_source: "61 FR 34118, July 1, 1996, unless otherwise noted."
cfr_part: "4281"
---


# 4281.33 Restoration of benefits.

(a) *General.* The plan sponsor of a plan that has been amended to reduce benefits under this subpart shall amend the plan to restore those benefits before adopting any amendment increasing benefits under the plan. A plan is not required to make retroactive benefit payments with respect to any benefit that was reduced and subsequently restored in accordance with this section.

(b) *Notice to the PBGC.* The plan sponsor shall notify the PBGC in writing of any restoration under this section. The notice shall include the information specified in § 4281.32 (d)(1) through (d)(4); a statement that a plan amendment restoring benefits has been adopted, the date of adoption, and the effective date of the amendment; and a certification, signed by the plan sponsor or its duly authorized representative, that the amendment has been adopted in accordance with this section.