102 STAT. 3460	PUBLIC LAW 100-647—NOV. 10, 1988
26 USC 415 note.	(5) Paragraph (4) of section 1106(i) of the Reform Act is
amended by striking the period at the end thereof and inserting
in lieu thereof "(determined as if the amendments made by this
section were in effect for such year).".
 (6)	Section 415(b)(5XB) of the 1986 Code is amended by insert-
ing "and subsection (e)" after "paragraphs (1)(B) and (4) .
 (7)	Subparagraph (A) of section 415(c)(6) of the 1986 Code is
amended—

 (A)	by striking out "paragraph (c)(l)(A) (as adjusted for
such year pursuant to subsection (dXD)", and inserting in
lieu thereof "paragraph (1)(A)"; and
 (B)	by striking out "paragraph (c)(l)(A) (as so adjusted)"
and inserting in lieu thereof "paragraph (1)(A)".
(8)	Sections 414(q)(lXD) and 416(iXD(A)(i) of the 1986 Code are
each amended by striking out "150 percent of the amount in
effect under section 415(cXl)(A)" and inserting in lieu thereof
"50 percent of the amount in effect under section 415(bXlXA)".
(e) amendments related to section 1107 of the reform act.—
 (1)	Section 457(c)(2) of the 1986 Code is amended by striking
out "and paragraphs (2) and (3) of subsection (b)".
 (2)	Section 457(dXD(A) of the 1986 Code (relating to distribu-
tion requirements) is amended to read as follows:
"(A) under the plan amounts will not be made available
to participants or beneficiaries earlier than—
"(i) the calendar year in which the participant at-
tains age 70 %,
"(ii) when the participant is separated from service
with the employer, or
"(iii) when the participant is faced with an unforesee-
able emergency (determined in the manner prescribed
by the Secretary in regulations)."
(3)	Paragraph (7) of section 401(k) of the 1986 Code (defining
rural electric cooperative plan) is amended to read as follows:
"(7) rural electric cooperative plan.—For purposes of this
subsection—
"(A) in general.—The term 'rural electric cooperative
plan' means any pension plan—
"(i) which is a defined contribution plan (as defined
in section 414(i)), and
"(ii) which is established and maintained by a rural
electric cooperative.
"(B) rural electric cooperative defined.—For pur-
poses of subparagraph (A), the term 'rural electric coopera-
tive' means—
"(i) any organization which—
"(I) is exempt from tax under this subtitle or
which is a State or local government or political
subdivision thereof (or agency or instrumentality
thereof), and
"(II) is engaged primarily in providing electric
service on a mutual or cooperative basis,
"(ii) any organization described in paragraph (4) or
(6) of section 501(c) and at least 80 percent of the
members of which are organizations described in clause
(D,and
"(iii) an organization which is a national association
of organizations described in clause (i) or (ii)."