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FAR 52.215-18 — Reversion or Adjustment of Plans for Postretirement Benefits (PRB) Other Than Pensions

Contract clause · dated July 2005 · prescribed in FAR 15.408(j) · current through FAC 2026-01

In plain English

FAR 52.215-18, Reversion or Adjustment of Plans for Postretirement Benefits (PRB) Other Than Pensions, is a contract clause prescribed at FAR 15.408(j), most recently dated July 2005. The complete official text is reproduced below, verbatim, from GSA's published FAR source files.

Its own text directs the contractor to include it in certain subcontracts, subject to the conditions quoted in the flowdown section below.

Does it flow down to subcontracts?

Flows down conditionally — mandate with stated conditions

“(c) The Contractor shall insert the substance of this clause in all subcontracts that meet the applicability requirements of FAR 15.408(j).”— FAR 52.215-18, official text

Where it's prescribed

As prescribed in 15.408(j), insert the following clause:

Prescribing reference: FAR 15.408(j).

The official text, verbatim

FAR 52.215-18 · July 2005 current through FAC 2026-01 acquisition.gov eCFR (48 CFR)

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)

The text above is reproduced from GSA's published FAR source files (GSA/GSA-Acquisition-FAR @ da52ccb (2026-03-30)), retrieved 2026-07-17. The official publication at acquisition.gov / eCFR controls if they differ.