Labels:book | daily | reckoner | sky | tree OCR: therefore, i5 meant to refer to benefit payments provided to plan participants and benet ficiaries "the amount which guaranteed 1 hv the insurer The term "guaranteed benefit" can 1ot properly be interpreted, as the Second Circuit construed it. to mean guaranteed rate of return to either the plan the plan sporisor TOm the meaning we give to the word *benefits in the statute": Harris (PA .57 PA 58] The pron 'benefit' the guaranteed benefit pulicy exception, and the word in the confcreno Are nD different: they toa refer benefits andl payments to employees." principle statutor construction that. is used in more than one inst tance in statute it should ag 496 : construed U.S. 478. to have 4R2 the same meaning in all instances. See Sulliuan Stroop. k{066t} Sorenson Secretart of the Treasury, 475 ...
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