82_FR_18907 82 FR 18831 - Multiemployer Pension Plan Application To Reduce Benefits

82 FR 18831 - Multiemployer Pension Plan Application To Reduce Benefits

DEPARTMENT OF THE TREASURY

Federal Register Volume 82, Issue 76 (April 21, 2017)

Page Range18831-18832
FR Document2017-08227

The Board of Trustees of the Teamsters Local 805 Pension and Retirement Fund (Local 805 Pension Fund), a multiemployer pension plan, has submitted an application to reduce benefits under the plan in accordance with the Multiemployer Pension Reform Act of 2014. The purpose of this notice is to announce that the application submitted by the Board of Trustees of the Local 805 Pension Fund has been published on the Treasury Web site, and to request public comments on the application from interested parties, including participants and beneficiaries, employee organizations, and contributing employers of the Local 805 Pension Fund.

Federal Register, Volume 82 Issue 76 (Friday, April 21, 2017)
[Federal Register Volume 82, Number 76 (Friday, April 21, 2017)]
[Notices]
[Pages 18831-18832]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2017-08227]


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DEPARTMENT OF THE TREASURY


Multiemployer Pension Plan Application To Reduce Benefits

AGENCY: Department of the Treasury.

ACTION: Notice of availability; Request for comments.

-----------------------------------------------------------------------

SUMMARY: The Board of Trustees of the Teamsters Local 805 Pension and 
Retirement Fund (Local 805 Pension Fund), a multiemployer pension plan, 
has submitted an application to reduce benefits under the plan in 
accordance with the Multiemployer Pension Reform Act of 2014. The 
purpose of this notice is to announce that the application submitted by 
the Board of Trustees of the Local 805 Pension Fund has been published 
on the Treasury Web site, and to request public comments on the 
application from interested parties, including participants and 
beneficiaries, employee organizations, and contributing employers of 
the Local 805 Pension Fund.

DATES: Comments must be received by June 5, 2017.

ADDRESSES: You may submit comments electronically through the Federal 
eRulemaking Portal at http://www.regulations.gov, in accordance with 
the instructions on that site. Electronic submissions through 
www.regulations.gov are encouraged.
    Comments may also be mailed to the Department of the Treasury, MPRA 
Office, 1500 Pennsylvania Avenue NW., Room 1224, Washington, DC 20220. 
Attn: Eric Berger. Comments sent via facsimile and email will not be 
accepted.
    Additional Instructions. All comments received, including 
attachments and other supporting materials, will be made available to 
the public. Do not include any personally identifiable information 
(such as Social Security number, name, address, or other contact 
information) or any other information in your comment or supporting 
materials that you do not want publicly disclosed. Treasury will make 
comments available for public inspection and copying on 
www.regulations.gov or upon request. Comments posted on the Internet 
can be retrieved by most Internet search engines.

FOR FURTHER INFORMATION CONTACT: For information regarding the 
application from the Local 805 Pension Fund, please contact Treasury at 
(202) 622-1534 (not a toll-free number).

SUPPLEMENTARY INFORMATION: The Multiemployer Pension Reform Act of 2014 
(MPRA) amended the Internal

[[Page 18832]]

Revenue Code to permit a multiemployer plan that is projected to have 
insufficient funds to reduce pension benefits payable to participants 
and beneficiaries if certain conditions are satisfied. In order to 
reduce benefits, the plan sponsor is required to submit an application 
to the Secretary of the Treasury, which Treasury, in consultation with 
the Pension Benefit Guaranty Corporation (PBGC) and the Department of 
Labor, is required to approve or deny.
    On March 22, 2017, the Board of Trustees of the Local 805 Pension 
Fund submitted an application for approval to reduce benefits under the 
plan. As required by MPRA, that application has been published on 
Treasury's Web site at https://auth.treasury.gov/services/Pages/Plan-Applications.aspx. Treasury is publishing this notice in the Federal 
Register, in consultation with the PBGC and the Department of Labor, to 
solicit public comments on all aspects of the Local 805 Pension Fund 
application.
    Comments are requested from interested parties, including 
participants and beneficiaries, employee organizations, and 
contributing employers of the Local 805 Pension Fund. Consideration 
will be given to any comments that are timely received by Treasury.

    Dated: April 18, 2017.
Robert J. Neis,
Benefits Tax Counsel, Office of Tax Policy.
[FR Doc. 2017-08227 Filed 4-20-17; 8:45 am]
 BILLING CODE 4810-25-P



                                                                                 Federal Register / Vol. 82, No. 76 / Friday, April 21, 2017 / Notices                                         18831

                                                these collections of information are                       (3) FRA Approvals: An approval is                  DEPARTMENT OF THE TREASURY
                                                required to obtain benefits, such as                    required from FRA to transport a bulk
                                                becoming an approval or certification                   packaging (such as a portable tank, IM                Multiemployer Pension Plan
                                                agency, or to obtain a variance from                    portable tank, intermediate bulk                      Application To Reduce Benefits
                                                packaging or handling requirements                      container, cargo tank, or multi-unit tank             AGENCY: Department of the Treasury.
                                                based on information provided by the                    car tank) containing a hazardous
                                                respondent. These benefits and                                                                                ACTION:Notice of availability; Request
                                                                                                        material in container-on-flat-car or                  for comments.
                                                variances involve areas, for example,                   trailer-on-flat-car service other than as
                                                such as UN third-party certification;                   authorized by § 174.63. FRA uses this                 SUMMARY:   The Board of Trustees of the
                                                authorization to examine and test                       information to ensure that the bulk                   Teamsters Local 805 Pension and
                                                lighters; authorization to examine and                  package is properly secured using an                  Retirement Fund (Local 805 Pension
                                                test explosives; and authorization to re-               adequate restraint system during                      Fund), a multiemployer pension plan,
                                                qualify DOT cylinders                                                                                         has submitted an application to reduce
                                                                                                        transportation. An FRA approval is also
                                                   Affected Public: Business and other                                                                        benefits under the plan in accordance
                                                                                                        required for the movement of any tank
                                                entities who must meet the approval                                                                           with the Multiemployer Pension Reform
                                                requirements in the HMR.                                car that does not conform to the
                                                                                                        applicable requirements in the HMR.                   Act of 2014. The purpose of this notice
                                                   Annual Reporting and Recordkeeping                                                                         is to announce that the application
                                                Burden:                                                 These latter movements are currently
                                                                                                        being reported under the information                  submitted by the Board of Trustees of
                                                Number of Respondents: 10,723                                                                                 the Local 805 Pension Fund has been
                                                Total Annual Responses: 11,074                          collection for special permit
                                                                                                        applications.                                         published on the Treasury Web site, and
                                                Total Annual Burden Hours: 28,270                                                                             to request public comments on the
                                                Frequency of Collection: On occasion                       (4) Manufacturer Reports and                       application from interested parties,
                                                   11. Title: Rail Carrier and Tank Car                 Certificate of Construction: These                    including participants and beneficiaries,
                                                Tanks Requirements, Rail Tank Car                       documents are prepared by tank car                    employee organizations, and
                                                Tanks—Transportation of Hazardous                       manufacturers and used by owners,                     contributing employers of the Local 805
                                                Materials by Rail.                                      users, and FRA personnel to verify that               Pension Fund.
                                                   OMB Control Number: 2137–0559                        rail tank cars conform to the applicable              DATES: Comments must be received by
                                                   Summary: This information collection                 specification.                                        June 5, 2017.
                                                consolidates and describes the                             (5) Quality Assurance Program:                     ADDRESSES: You may submit comments
                                                information provisions in parts 172,
                                                                                                        Facilities that build, repair, and ensure             electronically through the Federal
                                                173, 174, 179, and 180 of the HMR on
                                                                                                        the structural integrity of tank cars are             eRulemaking Portal at http://
                                                the transportation of hazardous
                                                                                                        required to develop and implement a                   www.regulations.gov, in accordance
                                                materials by rail and the manufacture,
                                                                                                        quality assurance program. This                       with the instructions on that site.
                                                qualification, maintenance, and use of
                                                                                                        information is used by the facility and               Electronic submissions through
                                                tank cars. The types of information
                                                                                                        DOT compliance personnel to ensure                    www.regulations.gov are encouraged.
                                                collected include:                                                                                               Comments may also be mailed to the
                                                   (1) Approvals of the Association of                  that each tank car is constructed or
                                                                                                        repaired in accordance with the                       Department of the Treasury, MPRA
                                                American Railroads (AAR) Tank Car
                                                                                                        applicable requirements.                              Office, 1500 Pennsylvania Avenue NW.,
                                                Committee: An approval is required
                                                                                                                                                              Room 1224, Washington, DC 20220.
                                                from the AAR Tank Car Committee for                        (6) Inspection Reports: A written                  Attn: Eric Berger. Comments sent via
                                                a tank car to be used for a commodity                   report must be prepared and retained for              facsimile and email will not be
                                                other than those specified in part 173                  each tank car that is inspected and                   accepted.
                                                and on the certificate of construction.                 tested in accordance with § 180.509 of                   Additional Instructions. All
                                                This information is used to ascertain                   the HMR. Rail carriers, users, and FRA                comments received, including
                                                whether a commodity is suitable for                     use this information to ensure that rail              attachments and other supporting
                                                transportation in a tank car. AAR                       tank cars are properly maintained and                 materials, will be made available to the
                                                approval is also required for an                        in safe condition for transporting                    public. Do not include any personally
                                                application for approval of designs,                    hazardous materials.                                  identifiable information (such as Social
                                                materials and construction, conversion                                                                        Security number, name, address, or
                                                or alteration of tank car tanks                            Affected Public: Manufacturers,
                                                                                                        owners, and rail carriers of tank.                    other contact information) or any other
                                                constructed to a specification in part                                                                        information in your comment or
                                                179, or an application for construction                    Annual Reporting and Recordkeeping                 supporting materials that you do not
                                                of tank cars to any new specification.                  Burden:                                               want publicly disclosed. Treasury will
                                                This information is used to ensure that                                                                       make comments available for public
                                                the design, construction, or                            Number of Respondents: 266
                                                                                                                                                              inspection and copying on
                                                modification of a tank car or the                       Total Annual Responses: 17,685                        www.regulations.gov or upon request.
                                                construction of a tank car to a new                     Total Annual Burden Hours: 2,834                      Comments posted on the Internet can be
                                                specification is performed in accordance                                                                      retrieved by most Internet search
                                                with the applicable requirements.                       Frequency of Collection: Annually
                                                                                                                                                              engines.
                                                   (2) Progress Reports: Each owner of a                  Issued in Washington, DC, on April 17,
                                                tank car that is required to be modified                                                                      FOR FURTHER INFORMATION CONTACT:    For
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                                                                                                        2017.
                                                to meet certain requirements specified                  William S. Schoonover,                                information regarding the application
                                                in § 173.31 must submit a progress                                                                            from the Local 805 Pension Fund,
                                                                                                        Associate Administrator of Hazard Materials
                                                report to the Federal Railroad                                                                                please contact Treasury at (202) 622–
                                                                                                        Safety, Pipeline and Hazardous Materials
                                                Administration (FRA). FRA uses this                     Safety Administration.
                                                                                                                                                              1534 (not a toll-free number).
                                                information to ensure that all affected                 [FR Doc. 2017–08045 Filed 4–20–17; 8:45 am]           SUPPLEMENTARY INFORMATION: The
                                                tank cars are modified before the                                                                             Multiemployer Pension Reform Act of
                                                                                                        BILLING CODE 4910–60–P
                                                regulatory compliance date.                                                                                   2014 (MPRA) amended the Internal


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                                                18832                            Federal Register / Vol. 82, No. 76 / Friday, April 21, 2017 / Notices

                                                Revenue Code to permit a                                DATES:  The meeting is scheduled for                  Public Law 113–291 (December 19,
                                                multiemployer plan that is projected to                 Thursday, May 4, 2017, from 9:30 a.m.                 2014).
                                                have insufficient funds to reduce                       to 3:20 p.m.                                            Dated: April 17, 2017.
                                                pension benefits payable to participants                ADDRESSES: TBD, Washington, DC. A
                                                and beneficiaries if certain conditions                                                                       Michael Danis,
                                                                                                        detailed agenda for the hearing will be
                                                are satisfied. In order to reduce benefits,             posted on the Commission’s Web site at                Executive Director, U.S.-China Economic and
                                                the plan sponsor is required to submit                  www.uscc.gov. Also, please check the                  Security Review Commission.
                                                an application to the Secretary of the                  Commission’s Web site for possible                    [FR Doc. 2017–08133 Filed 4–20–17; 8:45 am]
                                                Treasury, which Treasury, in                            changes to the hearing schedule.                      BILLING CODE 1137–00–P
                                                consultation with the Pension Benefit                   Reservations are not required to attend
                                                Guaranty Corporation (PBGC) and the                     the hearing.
                                                Department of Labor, is required to                     FOR FURTHER INFORMATION CONTACT: Any
                                                approve or deny.                                        member of the public seeking further                  DEPARTMENT OF VETERANS
                                                   On March 22, 2017, the Board of                      information concerning the hearing                    AFFAIRS
                                                Trustees of the Local 805 Pension Fund                  should contact Leslie Tisdale, 444 North
                                                submitted an application for approval to                Capitol Street NW., Suite 602,                        National Research Advisory Council;
                                                reduce benefits under the plan. As                      Washington, DC 20001; telephone: 202–                 Notice of Meeting
                                                required by MPRA, that application has                  624–1496, or via email at ltisdale@
                                                been published on Treasury’s Web site                   uscc.gov. Reservations are not required                  The Department of Veterans Affairs
                                                at https://auth.treasury.gov/services/                  to attend the hearing.                                (VA) gives notice under the Federal
                                                Pages/Plan-Applications.aspx. Treasury                  SUPPLEMENTARY INFORMATION:
                                                                                                                                                              Advisory Committee Act, 5 U.S.C., App.
                                                is publishing this notice in the Federal                   Background: This is the fifth public               2, that the National Research Advisory
                                                Register, in consultation with the PBGC                 hearing the Commission will hold                      Council will hold a meeting on
                                                and the Department of Labor, to solicit                 during its 2017 report cycle. This                    Wednesday, June 7, 2017, in Conference
                                                public comments on all aspects of the                   hearing will examine the mechanisms                   Room 530 at 810 Vermont Avenue NW.,
                                                Local 805 Pension Fund application.                     the Chinese government uses to censor                 Washington, DC. The meeting will
                                                   Comments are requested from                          information in China and the                          convene at 9:00 a.m. and end at 3:00
                                                interested parties, including                           effectiveness of these mechanisms; the                p.m. This meeting is open to the public.
                                                participants and beneficiaries, employee                methods employed by Internet users in                    The agenda will include a brief by the
                                                organizations, and contributing                         China to circumvent these mechanisms;                 Advisory Committee Management
                                                employers of the Local 805 Pension                      the implications for the United States of             Office (ACMO), Air Force Health Study
                                                Fund. Consideration will be given to                    China’s attempts to export and                        Update, Office of Research and
                                                any comments that are timely received                   normalize its information control                     Development (ORD) Strategy review, Big
                                                by Treasury.                                            practices; China’s global media
                                                                                                                                                              Data update, discussions on personnel
                                                                                                        influence, to include its strategic soft
                                                  Dated: April 18, 2017.                                                                                      and workload, and Service updates. No
                                                                                                        power goals motivating acquisitions of
                                                Robert J. Neis,                                                                                               time will be allocated at this meeting for
                                                                                                        U.S. film studios and cinemas and its
                                                Benefits Tax Counsel, Office of Tax Policy.             influence over foreign news; the                      receiving oral presentations from the
                                                [FR Doc. 2017–08227 Filed 4–20–17; 8:45 am]             development of Chinese journalism and                 public. Members of the public wanting
                                                BILLING CODE 4810–25–P                                  the degree of freedom currently allowed               to attend may contact Melissa Cooper,
                                                                                                        to Chinese and foreign reporters in                   Designated Federal Officer, ORD (10P9),
                                                                                                        China; China’s influence on media in                  Department of Veterans Affairs, 810
                                                                                                        the United States; Chinese computer                   Vermont Avenue NW., Washington, DC
                                                U.S.-CHINA ECONOMIC AND                                 network operations doctrine; China’s                  20420, at (202) 461–6044, or by email at
                                                SECURITY REVIEW COMMISSION                              views of internet sovereignty and                     Melissa.Cooper@va.gov no later than
                                                                                                        attempts to promote them abroad; views                close of business on May 31, 2017.
                                                Notice of Open Public Hearing                           of experts and strategists in China on                   Because the meeting is being held in
                                                AGENCY:  U.S.-China Economic and                        subjects such as deterrence in cyber                  a government building, a photo I.D.
                                                Security Review Commission.                             space; and trends in the regulation of                must be presented at the Guard’s Desk
                                                                                                        cyberspace and cyber conflict. The                    as a part of the clearance process. Due
                                                ACTION:   Notice of open public hearing.                hearing will be co-chaired by Chairman                to security protocols, and in order to
                                                                                                        Carolyn Bartholomew and                               prevent delays in clearance processing,
                                                SUMMARY:    Notice is hereby given of the               Commissioner Larry Wortzel. Any
                                                following hearing of the U.S.-China                                                                           you should allow an additional 30
                                                                                                        interested party may file a written
                                                Economic and Security Review                                                                                  minutes before the meeting begins. Any
                                                                                                        statement by May 4, 2017, by mailing to
                                                Commission.                                                                                                   member of the public seeking additional
                                                                                                        the contact information above. A
                                                   The Commission is mandated by                        portion of each panel will include a                  information should contact Melissa
                                                Congress to investigate, assess, and                    question and answer period between the                Cooper at the phone number or email
                                                report to Congress annually on ‘‘the                    Commissioners and the witnesses.                      address noted above.
                                                national security implications of the                      Authority: Congress created the U.S.-                Dated: April 18, 2017.
                                                economic relationship between the                       China Economic and Security Review
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                                                                                                                                                              LaTonya L. Small,
                                                United States and the People’s Republic                 Commission in 2000 in the National
                                                                                                                                                              Advisory Committee Management Officer.
                                                of China.’’ Pursuant to this mandate, the               Defense Authorization Act (Pub. L. 106–
                                                                                                                                                              [FR Doc. 2017–08129 Filed 4–20–17; 8:45 am]
                                                Commission will hold a public hearing                   398), as amended by Division P of the
                                                in Washington, DC on May 4, 2017 on                     Consolidated Appropriations                           BILLING CODE 8320–01–P

                                                ‘‘China’s Information Controls, Global                  Resolution, 2003 (Pub. L. 108–7), as
                                                Media Influence, and Cyber Warfare                      amended by Public Law 109–108
                                                Strategy’’.                                             (November 22, 2005), as amended by


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Document Created: 2017-04-21 01:19:17
Document Modified: 2017-04-21 01:19:17
CategoryRegulatory Information
CollectionFederal Register
sudoc ClassAE 2.7:
GS 4.107:
AE 2.106:
PublisherOffice of the Federal Register, National Archives and Records Administration
SectionNotices
ActionNotice of availability; Request for comments.
DatesComments must be received by June 5, 2017.
ContactFor information regarding the application from the Local 805 Pension Fund, please contact Treasury at (202) 622-1534 (not a toll-free number).
FR Citation82 FR 18831 

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