FAR 52.215-18 Reversion or Adjustment of Plans for Postretirement Benefits (PRB) Other Than Pensions
Clause Federal Acquisition Regulation Jul 2005 version
Facts
- Citation
- FAR 52.215-18
- Type
- Clause
- Current version
- July 2005
- Prescribed in
- FAR 15.408(j)
- Last amended
- 70 FR 33671 Effective Jul 8, 2005
- Proposed changes
- 1
- Text as of
- FAC 2026-01
- Official text
- acquisition.gov
Text from acquisition.gov. Federal Register history from the Federal Register's records of the rules that amended this clause.
Text
As prescribed in 15.408(j), insert the following clause:
Reversion or Adjustment of Plans for Postretirement Benefits (PRB) Other Than Pensions (July 2005)
(a) The Contractor shall promptly notify the Contracting Officer in writing when the Contractor determines that it will terminate or reduce the benefits of a PRB plan.
(b) If PRB fund assets revert or inure to the Contractor, or are constructively received by it under a plan termination or otherwise, the Contractor shall make a refund or give a credit to the Government for its equitable share as required by 31.205-6(o)(5) of the Federal Acquisition Regulation (FAR). When determining or agreeing on the method for recovery of the Government’s equitable share, the contracting parties should consider the following methods: cost reduction, amortizing the credit over a number of years (with appropriate interest), cash refund, or some other agreed upon method. Should the parties be unable to agree on the method for recovery of the Government’s equitable share, through good faith negotiations, the Contracting Officer shall designate the method of recovery.
(c) The Contractor shall insert the substance of this clause in all subcontracts that meet the applicability requirements of FAR 15.408(j).
(End of clause)
Federal Register history
| Final rule | Published | Effective |
|---|---|---|
| Federal Acquisition Regulation; Deferred Compensation and Postretirement Benefits Other Than Pensions |
Proposed changes
| Proposed rule | Published | Comments |
|---|---|---|
| Federal Acquisition Regulation: Revolutionary FAR Overhaul Parts 8, 12, 13, 15, 38, 44, and 51 | Closed Oct 19, 2026No final rule found |
Sections cited
- FAR 31.205-6(o)(5) Compensation for personal services
Quick answers
What is FAR 52.215-18?
FAR 52.215-18 is a clause of the Federal Acquisition Regulation, titled "Reversion or Adjustment of Plans for Postretirement Benefits (PRB) Other Than Pensions".
What is the current version of FAR 52.215-18?
The current version is dated July 2005.
Where is FAR 52.215-18 prescribed?
It is prescribed in FAR 15.408(j), Solicitation provisions and contract clauses.
When was FAR 52.215-18 last changed?
The most recent final rule on record is "Federal Acquisition Regulation; Deferred Compensation and Postretirement Benefits Other Than Pensions" (70 FR 33671), published Jun 8, 2005 and effective Jul 8, 2005.
Are changes to FAR 52.215-18 proposed?
One proposed change has no final rule yet.
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