80 FR 46795 - Suspension of Benefits Under the Multiemployer Pension Reform Act of 2014; Correction

DEPARTMENT OF THE TREASURY
Internal Revenue Service

Federal Register Volume 80, Issue 151 (August 6, 2015)

This document contains corrections to temporary regulations (TD 9723) that were published in the Federal Register on Friday, June 19, 2015 (80 FR 35207). The temporary regulations relate to multiemployer pension plans that are projected to have insufficient funds, at some point in the future, to pay the full benefits to which individuals will be entitled under the plans (referred to as plans in ``critical and declining status'').

[Federal Register Volume 80, Number 151 (Thursday, August 6, 2015)]
[Rules and Regulations]
[Pages 46795-46796]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2015-19366]


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DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Parts 1 and 602

[TD 9723]
RIN 1545-BM73


Suspension of Benefits Under the Multiemployer Pension Reform Act 
of 2014; Correction

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Temporary regulations; correction.

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SUMMARY: This document contains corrections to temporary regulations 
(TD 9723) that were published in the Federal Register on Friday, June 
19, 2015 (80 FR 35207). The temporary regulations relate to 
multiemployer pension plans that are projected to have insufficient 
funds, at some point in the future, to pay the full benefits to which 
individuals will be entitled under the plans (referred to as plans in 
``critical and declining status'').

DATES: This correction is effective August 6, 2015 and applicable June 
19, 2015.

FOR FURTHER INFORMATION CONTACT: Department of the Treasury MPRA

[[Page 46796]]

guidance information line at (202) 622-1559 (not a toll-free number).

SUPPLEMENTARY INFORMATION: 

Background

    The temporary regulations (TD 9723) that are the subject of this 
correction are under section 432(e)(9) of the Internal Revenue Code.

Need for Correction

    As published, the temporary regulations (TD 9723) contain errors 
that may prove to be misleading and are in need of clarification.

Correction of Publication

0
Accordingly, the temporary regulations (TD 9723), that are subject to 
FR Doc. 2015-14945, are corrected as follows:
0
1. On page 35207, in the preamble, third column, third line, under 
paragraph heading ``Paperwork Reduction Act,'' the language ``procedure 
pursuant to the'' is corrected to read ``comment pursuant to the''.
0
2. On page 35210, in the preamble, second column, ninth line, under 
paragraph heading ``Suspension Applications,'' the language ``is 
eligible for the suspensions and has'' is corrected to read ``is 
eligible for the suspension and has''.
0
3. On page 35215, in the preamble, third column, third line, under 
paragraph heading ``Contact Information,'' the language ``Department of 
the Treasury at (202)'' is corrected to read ``Department of the 
Treasury MPRA guidance information line at (202)''.

Martin V. Franks,
Chief, Publications and Regulations Branch, Legal Processing Division, 
Associate Chief Counsel (Procedure and Administration).
[FR Doc. 2015-19366 Filed 8-5-15; 8:45 am]
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