However, a qualifying plan sponsor may elect to accept the funding relief for 2012 but not apply the adjusted segment rates in 2012, for the collateral purpose of determining the AFTAP
that relates to funding-based restrictions on benefits.
Suspension of funding-based limitations: The act provides that for purposes of applying the limits on benefit accruals (and the limits on accelerated benefit distributions as they apply to payments under a Social Security leveling option) in plan years beginning after October 1, 2008, and before October 1, 2010, a plan's adjusted funding target attainment percentage (AFTAP
) is as it otherwise would be determined for that year or, if greater, the AFTAP
for the plan year beginning after October 1, 2007, and before October 1,2008.