---
kind: "section"
citation: "29 U.S.C. § 1361"
title: "29"
title_heading: "Labor"
number: "1361"
heading: "Amounts payable by corporation"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/29/1361"
units:
  - "Chapter 18 — Employee Retirement Income Security Program"
  - "Subchapter III — Plan Termination Insurance"
  - "Subtitle D — Liability"
---

# §1361. Amounts payable by corporation


The corporation shall pay benefits under a [single-employer plan](/usc/29/1301.md?p=a-15) terminated under this subchapter subject to the limitations and requirements of subtitle B of this subchapter. The corporation shall provide financial assistance to pay benefits under a [multiemployer plan](/usc/29/1301.md?p=a-3) which is insolvent under section [1426](/usc/29/1426.md) or [1441(d)(2)(A)](/usc/29/1441.md?p=d-2-A) of this title, subject to the limitations and requirements of subtitles B, C, and E of this subchapter. Amounts guaranteed by the corporation under sections [1322](/usc/29/1322.md) and [1322a](/usc/29/1322a.md) of this title shall be paid by the corporation only out of the appropriate [fund](/usc/29/1301.md?p=a-5). The corporation shall make payments under the supplemental program to reimburse [multiemployer plans](/usc/29/1301.md?p=a-3) for uncollectible withdrawal liability only out of the [fund](/usc/29/1301.md?p=a-5) established under [section 1305(e) of this title](/usc/29/1305.md?p=e).


## Source credit

(Pub. L. 93–406, title IV, § 4061, Sept. 2, 1974, 88 Stat. 1029; Pub. L. 96–364, title IV, § 403(f), Sept. 26, 1980, 94 Stat. 1301.)

## Notes

### Editorial Notes

### Amendments

1980—Pub. L. 96–364 substituted provisions relating to payment of benefits under a single-employer plan terminated under this subchapter subject to limitations and requirements of subtitle B of this subchapter for provisions relating to payment of benefits under a plan terminated under this subchapter subject to limitations and requirements of subtitle B of this subchapter.

### Statutory Notes and Related Subsidiaries

### Effective Date of 1980 Amendment

Amendment by Pub. L. 96–364 effective Sept. 26, 1980, except as specifically provided, see section 1461(e) of this title.