83_FR_19680 83 FR 19594 - Multiemployer Pension Plan Application To Reduce Benefits

83 FR 19594 - Multiemployer Pension Plan Application To Reduce Benefits

DEPARTMENT OF THE TREASURY

Federal Register Volume 83, Issue 86 (May 3, 2018)

Page Range19594-19595
FR Document2018-09421

The Board of Trustees of the Plasterers & Cement Masons Local No. 94 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 (MPRA). The purpose of this notice is to announce that the application submitted by the Board of Trustees of the Plasterers & Cement Masons Local No. 94 Pension Fund has been published on the website of the Department of the Treasury (Treasury), and to request public comments on the application from interested parties, including participants and beneficiaries, employee organizations, and contributing employers of the Plasterers & Cement Masons Local No. 94 Pension Fund.

Federal Register, Volume 83 Issue 86 (Thursday, May 3, 2018)
[Federal Register Volume 83, Number 86 (Thursday, May 3, 2018)]
[Notices]
[Pages 19594-19595]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-09421]


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

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 Plasterers & Cement Masons Local 
No. 94 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 (MPRA). The purpose of this 
notice is to announce that the application submitted by the Board of 
Trustees of the Plasterers & Cement Masons Local No. 94 Pension Fund 
has been published on the website of the Department of the Treasury 
(Treasury), and to request public comments on the application from 
interested parties, including participants and beneficiaries, employee 
organizations, and contributing employers of the Plasterers & Cement 
Masons Local No. 94 Pension Fund.

DATES: Comments must be received by June 18, 2018.

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,

[[Page 19595]]

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 your 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 Plasterers & Cement Masons Local No. 94 Pension 
Fund, please contact Treasury at (202) 622-1534 (not a toll-free 
number).

SUPPLEMENTARY INFORMATION: MPRA amended the Internal 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 must be approved or denied in 
consultation with the Pension Benefit Guaranty Corporation (PBGC) and 
the Department of Labor.
    On March 30, 2018, the Board of Trustees of the Plasterers & Cement 
Masons Local No. 94 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 website at https://www.treasury.gov/services/Pages/Plan-Applications.aspx. Treasury is 
publishing this notice in the Federal Register, in consultation with 
PBGC and the Department of Labor, to solicit public comments on all 
aspects of the Plasterers & Cement Masons Local No. 94 Pension Fund 
application.
    Comments are requested from interested parties, including 
participants and beneficiaries, employee organizations, and 
contributing employers of the Plasterers & Cement Masons Local No. 94 
Pension Fund. Consideration will be given to any comments that are 
timely received by Treasury.

    Dated: April 19, 2018.
David Kautter,
Assistant Secretary for Tax Policy.
[FR Doc. 2018-09421 Filed 4-30-18; 4:15 pm]
BILLING CODE 4810-25-P



                                                19594                           Federal Register / Vol. 83, No. 86 / Thursday, May 3, 2018 / Notices

                                                   A copy of the petition, as well as any                 Issued in Washington, DC.                           www.envigadofutbolclub.net; NIT #
                                                written communications concerning the                   Robert C. Lauby,                                      900470848–9 (Colombia) [SDNTK].
                                                petition, is available for review online at             Associate Administrator for Railroad Safety,             Additionally, on April 26, 2018,
                                                www.regulations.gov and in person at                    Chief Safety Officer.                                 OFAC updated the SDN List for the
                                                the U.S. Department of Transportation’s                 [FR Doc. 2018–09400 Filed 5–2–18; 8:45 am]            following person, whose property and
                                                (DOT) Docket Operations Facility, 1200                  BILLING CODE 4910–06–P
                                                                                                                                                              interests in property subject to U.S.
                                                New Jersey Avenue SE, W12–140,                                                                                jurisdiction continue to be blocked
                                                Washington, DC 20590. The Docket                                                                              under the relevant sanctions authority
                                                Operations Facility is open from 9 a.m.                                                                       listed below.
                                                to 5 p.m., Monday through Friday,                       DEPARTMENT OF THE TREASURY
                                                                                                                                                              Individual
                                                except Federal Holidays.                                Office of Foreign Assets Control                         1. UPEGUI GALLEGO, Juan Pablo;
                                                   Interested parties are invited to
                                                                                                                                                              DOB 16 Oct 1980; POB Itagui,
                                                participate in these proceedings by                     Notice of OFAC Sanctions Actions
                                                                                                                                                              Antioquia, Colombia; citizen Colombia;
                                                submitting written views, data, or
                                                                                                        AGENCY:  Office of Foreign Assets                     Cedula No. 3391839 (Colombia)
                                                comments. FRA does not anticipate
                                                                                                        Control, Department of the Treasury.                  (individual) [SDNTK] (Linked To:
                                                scheduling a public hearing in
                                                                                                        ACTION: Notice.                                       ENFARRADOS COMPANY S.A.S.;
                                                connection with these proceedings since
                                                                                                                                                              Linked To: CENTRO DE DIAGNOSTICO
                                                the facts do not appear to warrant a
                                                                                                        SUMMARY:  The U.S. Department of the                  AUTOMOTOR DEL SUR LTDA.).
                                                hearing. If any interested parties desire
                                                an opportunity for oral comment and a                   Treasury’s Office of Foreign Assets                     Dated: April 26, 2018.
                                                public hearing, they should notify FRA,                 Control (OFAC) is publishing the name                 Gregory T. Gatjanis,
                                                in writing, before the end of the                       of a person whose property and interests              Associate Director, Office of Global Targeting,
                                                comment period and specify the basis                    in property have been unblocked and                   Office of Foreign Assets Control.
                                                for their request.                                      removed from the list of Specially                    [FR Doc. 2018–09386 Filed 5–2–18; 8:45 am]
                                                                                                        Designated Nationals and Blocked
                                                   All communications concerning these                  Persons. Additionally, OFAC is
                                                                                                                                                              BILLING CODE 4810–AL–P
                                                proceedings should identify the                         publishing an update to the identifying
                                                appropriate docket number and may be                    information of a person currently
                                                submitted by any of the following                                                                             DEPARTMENT OF THE TREASURY
                                                                                                        included in the list of Specially
                                                methods:                                                Designated Nationals and Blocked                      Multiemployer Pension Plan
                                                   • Website: http://                                   Persons.                                              Application To Reduce Benefits
                                                www.regulations.gov. Follow the online
                                                instructions for submitting comments.                   DATES:  See SUPPLEMENTARY INFORMATION                 AGENCY: Department of the Treasury.
                                                                                                        section.
                                                   • Fax: 202–493–2251.                                                                                       ACTION:Notice of availability; request
                                                                                                        FOR FURTHER INFORMATION CONTACT:                      for comments.
                                                   • Mail: Docket Operations Facility,
                                                U.S. Department of Transportation, 1200                   OFAC: Associate Director for Global
                                                                                                        Targeting, tel: 202–622–2420; Assistant               SUMMARY:   The Board of Trustees of the
                                                New Jersey Avenue SE, W12–140,                                                                                Plasterers & Cement Masons Local No.
                                                Washington, DC 20590.                                   Director for Licensing, tel.: 202–622–
                                                                                                        2480; Assistant Director for Regulatory               94 Pension Fund, a multiemployer
                                                   • Hand Delivery: 1200 New Jersey                     Affairs, tel.: 202–622–4855; Assistant                pension plan, has submitted an
                                                Avenue SE, Room W12–140,                                Director for Sanctions Compliance &                   application to reduce benefits under the
                                                Washington, DC 20590, between 9 a.m.                    Evaluation, tel.: 202–622–2490; or the                plan in accordance with the
                                                and 5 p.m., Monday through Friday,                      Department of the Treasury’s Office of                Multiemployer Pension Reform Act of
                                                except Federal Holidays.                                the General Counsel: Office of the Chief              2014 (MPRA). The purpose of this
                                                   Communications received by June 18,                  Counsel (Foreign Assets Control), tel.:               notice is to announce that the
                                                2018 will be considered by FRA before                   202–622–2410.                                         application submitted by the Board of
                                                final action is taken. Comments received                                                                      Trustees of the Plasterers & Cement
                                                                                                        SUPPLEMENTARY INFORMATION:
                                                after that date will be considered if                                                                         Masons Local No. 94 Pension Fund has
                                                practicable.                                            Electronic Availability                               been published on the website of the
                                                   Anyone can search the electronic                       The list of Specially Designated                    Department of the Treasury (Treasury),
                                                form of any written communications                      Nationals and Blocked Persons (SDN                    and to request public comments on the
                                                and comments received into any of our                   List) and additional information                      application from interested parties,
                                                dockets by the name of the individual                   concerning OFAC sanctions programs                    including participants and beneficiaries,
                                                submitting the comment (or signing the                  are available on OFAC’s website (http://              employee organizations, and
                                                document, if submitted on behalf of an                  www.treasury.gov/ofac).                               contributing employers of the Plasterers
                                                association, business, labor union, etc.).                                                                    & Cement Masons Local No. 94 Pension
                                                Under 5 U.S.C. 553(c), DOT solicits                     Notice of OFAC Actions                                Fund.
                                                comments from the public to better                        On April 26, 2018, OFAC determined                  DATES: Comments must be received by
                                                inform its processes. DOT posts these                   that the property and interests in                    June 18, 2018.
                                                comments, without edit, including any                   property of the following person are                  ADDRESSES: You may submit comments
                                                personal information the commenter                      unblocked and removed from the SDN                    electronically through the Federal
                                                provides, to www.regulations.gov, as
sradovich on DSK3GMQ082PROD with NOTICES




                                                                                                        List under the relevant sanctions                     eRulemaking Portal at http://
                                                described in the system of records                      authority listed below.                               www.regulations.gov, in accordance
                                                notice (DOT/ALL–14 FDMS), which can                                                                           with the instructions on that site.
                                                be reviewed at https://                                 Entity
                                                                                                                                                              Electronic submissions through
                                                www.transportation.gov/privacy. See                        1. ENVIGADO FUTBOL CLUB S.A.                       www.regulations.gov are encouraged.
                                                also https://www.regulations.gov/                       (a.k.a. ENVIGADO F.C.), Carrera 48 No.                  Comments may also be mailed to the
                                                privacyNotice for the privacy notice of                 46 Sur 150, Envigado, Antioquia,                      Department of the Treasury, MPRA
                                                regulations.gov.                                        Colombia; website                                     Office, 1500 Pennsylvania Avenue NW,


                                           VerDate Sep<11>2014   17:29 May 02, 2018   Jkt 244001   PO 00000   Frm 00074   Fmt 4703   Sfmt 4703   E:\FR\FM\03MYN1.SGM   03MYN1


                                                                                Federal Register / Vol. 83, No. 86 / Thursday, May 3, 2018 / Notices                                                 19595

                                                Room 1224, Washington, DC 20220,                        from the Plasterers & Cement Masons                   been published on Treasury’s website at
                                                Attn: Eric Berger. Comments sent via                    Local No. 94 Pension Fund, please                     https://www.treasury.gov/services/
                                                facsimile and email will not be                         contact Treasury at (202) 622–1534 (not               Pages/Plan-Applications.aspx. Treasury
                                                accepted.                                               a toll-free number).                                  is publishing this notice in the Federal
                                                   Additional Instructions. All                         SUPPLEMENTARY INFORMATION: MPRA                       Register, in consultation with PBGC and
                                                comments received, including                            amended the Internal Revenue Code to                  the Department of Labor, to solicit
                                                attachments and other supporting                        permit a multiemployer plan that is                   public comments on all aspects of the
                                                materials, will be made available to the                projected to have insufficient funds to               Plasterers & Cement Masons Local No.
                                                public. Do not include any personally                   reduce pension benefits payable to                    94 Pension Fund application.
                                                identifiable information (such as your                  participants and beneficiaries if certain                Comments are requested from
                                                Social Security number, name, address,                  conditions are satisfied. In order to                 interested parties, including
                                                or other contact information) or any                    reduce benefits, the plan sponsor is                  participants and beneficiaries, employee
                                                other information in your comment or                    required to submit an application to the              organizations, and contributing
                                                supporting materials that you do not                    Secretary of the Treasury, which must                 employers of the Plasterers & Cement
                                                want publicly disclosed. Treasury will                  be approved or denied in consultation                 Masons Local No. 94 Pension Fund.
                                                make comments available for public                      with the Pension Benefit Guaranty                     Consideration will be given to any
                                                inspection and copying on                               Corporation (PBGC) and the Department                 comments that are timely received by
                                                www.regulations.gov or upon request.                    of Labor.                                             Treasury.
                                                Comments posted on the internet can be                     On March 30, 2018, the Board of
                                                                                                        Trustees of the Plasterers & Cement                     Dated: April 19, 2018.
                                                retrieved by most internet search                                                                             David Kautter,
                                                engines.                                                Masons Local No. 94 Pension Fund
                                                                                                        submitted an application for approval to              Assistant Secretary for Tax Policy.
                                                FOR FURTHER INFORMATION CONTACT:    For                 reduce benefits under the plan. As                    [FR Doc. 2018–09421 Filed 4–30–18; 4:15 pm]
                                                information regarding the application                   required by MPRA, that application has                BILLING CODE 4810–25–P
sradovich on DSK3GMQ082PROD with NOTICES




                                           VerDate Sep<11>2014   17:29 May 02, 2018   Jkt 244001   PO 00000   Frm 00075   Fmt 4703   Sfmt 9990   E:\FR\FM\03MYN1.SGM   03MYN1



Document Created: 2018-05-02 23:48:34
Document Modified: 2018-05-02 23:48:34
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 18, 2018.
ContactFor information regarding the application from the Plasterers & Cement Masons Local No. 94 Pension Fund, please contact Treasury at (202) 622-1534 (not a toll-free number).
FR Citation83 FR 19594 

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