Labels:book | reckoner | sky OCR: 2 Section 40I{b}{2} Draws Distinction Between Cont racts Providing Fixed and Vartable Bene fits to Participants Hather Than Bett een Contracts Providing Fixed and Variable Ratesot Return Plan Sponsors guaranteed benefit policy" is defined an insurance con tract providing for "benefits the anount of which is guaranteed the insurer ERISA 40l{b}(2}(B). The definition turns them as stating that General Account contract comes within the meaning 'guaranteed benefit policy if it tprovides for a Fixed Inte of return. whether RHI IO also provid for fixed guaranteed benefits In these Advisory Opinions, however, the 100 Was addressing whether Separate Aecount contracts were subject to ERISA'S fiduciary pro ixions. 1n Opinion No 78.8A the DOL relying uodn the Conference Keport, con- cluded that partic ...
(.png)
