Richard Burr: “do you agree that the provision is intended to allow Treasury to consider for purposes of the regulatory safe harbor…”

“do you agree that the provision is intended to allow Treasury to consider for purposes of the regulatory safe harbor cash balance plan conversions that are announced 5 or more years in advance, allow employees to continue to accrue benefits under the old formula until the conversion date and thereafter provide full protection for previously accrued benefits as well as the opportunity to ``grow into'' early retirement subsidies under the old formula; and that provide full cash balance plan accruals after conversion without wear away?”