Restoration of Benefits. The correction method should restore the plan to the position it would have been in had the failure not occurred, including restoration of current and former participants and beneficiaries to the benefits and rights they would have had if the failure had not occurred.
Appears in 16 contracts
Samples: Revenue Procedure, Revenue Procedure, Revenue Procedure
Restoration of Benefits. The correction method should restore the plan to the position it would have been in had the failure Qualification or 403(b) Failure not occurred, including restoration of current and former participants and beneficiaries to the benefits and rights they would have had if the failure Qualification or 403(b) Failure had not occurred.
Appears in 2 contracts
Samples: Employee Plans Compliance Resolution System, Rev. Proc. 2000 16
