83_FR_2887 83 FR 2874 - Multiemployer Pension Plan Application To Reduce Benefits

83 FR 2874 - Multiemployer Pension Plan Application To Reduce Benefits

DEPARTMENT OF THE TREASURY

Federal Register Volume 83, Issue 13 (January 19, 2018)

Page Range2874-2875
FR Document2018-00828

The Board of Trustees of the Alaska Ironworkers Pension Plan, 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 Alaska Ironworkers Pension Plan has been published on the Treasury website, and to request public comments on the application from interested parties, including participants and beneficiaries, employee organizations, and contributing employers of the Alaska Ironworkers Pension Plan.

Federal Register, Volume 83 Issue 13 (Friday, January 19, 2018)
[Federal Register Volume 83, Number 13 (Friday, January 19, 2018)]
[Notices]
[Pages 2874-2875]
From the Federal Register Online  [www.thefederalregister.org]
[FR Doc No: 2018-00828]


=======================================================================
-----------------------------------------------------------------------

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 Alaska Ironworkers Pension Plan, 
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 Alaska 
Ironworkers Pension Plan has been published on the Treasury website, 
and to request public comments on the application from interested 
parties, including participants and beneficiaries, employee 
organizations, and contributing employers of the Alaska Ironworkers 
Pension Plan.

DATES:  Comments must be received by March 5, 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, 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 Alaska Ironworkers Pension Plan, 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 2875]]

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 December 19, 2017, the Board of Trustees of the Alaska 
Ironwokers Pension Plan 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://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 Alaska 
Ironworkers Pension Plan application.
    Comments are requested from interested parties, including 
participants and beneficiaries, employee organizations, and 
contributing employers of the Alaska Ironworkers Pension Plan. 
Consideration will be given to any comments that are timely received by 
Treasury.

    Dated: January 11, 2018.
David Kautter,
Assistant Secretary for Tax Policy.
[FR Doc. 2018-00828 Filed 1-18-18; 8:45 am]
 BILLING CODE 4810-25-P



                                               2874                           Federal Register / Vol. 83, No. 13 / Friday, January 19, 2018 / Notices

                                               11 inches, suitable for copying and                     CMVs used to travel ‘‘short distances’’                DEPARTMENT OF THE TREASURY
                                               electronic filing. If you submit                        from a driver’s en route lodgings to
                                               comments by mail and would like to                      restaurants in the vicinity of such                    Multiemployer Pension Plan
                                               know that they reached the facility,                    lodgings. In addition, the 1997 guidance               Application To Reduce Benefits
                                               please enclose a stamped, self-addressed                explicitly excluded the use of laden                   AGENCY: Department of the Treasury.
                                               postcard or envelope.                                   vehicles as personal conveyance and the
                                                 FMCSA will consider all comments                                                                             ACTION:Notice of availability; request
                                                                                                       operation of the CMV as personal                       for comments.
                                               and material received during the                        conveyance by drivers who have been
                                               comment period and may change this                      placed out of service for HOS violations.              SUMMARY:   The Board of Trustees of the
                                               guidance based on your comments.
                                                                                                       The guidance has remained unchanged                    Alaska Ironworkers Pension Plan, a
                                               B. Viewing Comments and Documents                       since 1997.                                            multiemployer pension plan, has
                                                  To view comments, go to http://                         In the December 19, 2017, proposed                  submitted an application to reduce
                                               www.regulations.gov. Insert the docket                  revision to the guidance, the Agency                   benefits under the plan in accordance
                                               number, FMCSA–2017–0108, in the                                                                                with the Multiemployer Pension Reform
                                                                                                       focused on the reason the driver is
                                               keyword box, and click ‘‘Search.’’ Next,                                                                       Act of 2014. The purpose of this notice
                                                                                                       operating a CMV while off duty, without
                                               click the ‘‘Open Docket Folder’’ button                                                                        is to announce that the application
                                                                                                       regard to whether the CMV is or is not
                                               and choose the document to review. If                                                                          submitted by the Board of Trustees of
                                                                                                       laden. The previous guidance, which                    the Alaska Ironworkers Pension Plan
                                               you do not have access to the internet,                 required the CMV to be unladen, was
                                               you may view the docket online by                                                                              has been published on the Treasury
                                                                                                       written for combination vehicles, where                website, and to request public
                                               visiting the Docket Management Facility                 the driver could readily detach the
                                               in Room W12–140 on the ground floor                                                                            comments on the application from
                                                                                                       trailer and use the unladen tractor for                interested parties, including
                                               of the DOT West Building, 1200 New                      personal conveyance. This
                                               Jersey Avenue SE, Washington, DC                                                                               participants and beneficiaries, employee
                                                                                                       interpretation had the inadvertent effect              organizations, and contributing
                                               20590, between 9 a.m. and 5 p.m., e.t.,
                                                                                                       of not allowing drivers of single-unit                 employers of the Alaska Ironworkers
                                               Monday through Friday, except Federal
                                               holidays.                                               work trucks that carry loads, as well as               Pension Plan.
                                                                                                       tools of trade and related materials, on               DATES: Comments must be received by
                                               C. Privacy Act                                          the power unit to document this off-                   March 5, 2018.
                                                 In accordance with 5 U.S.C. 553(c),                   duty time on the RODS. In the absence                  ADDRESSES: You may submit comments
                                               DOT solicits comments from the public                   of a trailer, these loads, tools, and other            electronically through the Federal
                                               to better inform its regulatory process.                equipment cannot reasonably be                         eRulemaking Portal at http://
                                               DOT posts these comments, without                       offloaded, left unattended, and reloaded               www.regulations.gov, in accordance
                                               edit, including any personal information                after the power unit has been used for                 with the instructions on that site.
                                               the commenter provides, to                              personal conveyance. This proposed                     Electronic submissions through
                                               www.regulations.gov, as described in                    revision to the guidance eliminates the                www.regulations.gov are encouraged.
                                               the system of records notice (DOT/ALL–                  requirement that the CMV be unladen                       Comments may also be mailed to the
                                               14 FDMS), which can be reviewed at                      and thus the disparate impact created by               Department of the Treasury, MPRA
                                               www.transportation.gov/privacy.                         the previous guidance.                                 Office, 1500 Pennsylvania Avenue NW,
                                               II. Background                                                                                                 Room 1224, Washington, DC 20220.
                                                                                                       Request for Extension of the Comment                   Attn: Eric Berger. Comments sent via
                                                  On December 19, 2017 (82 FR 60269),                  Period                                                 facsimile and email will not be
                                               FMCSA published a notice of proposed                                                                           accepted.
                                               regulatory guidance concerning the use                    On December 22, 2017, the American
                                                                                                       Trucking Associations, Inc. (ATA),                        Additional Instructions. All
                                               of a commercial motor vehicle (CMV)                                                                            comments received, including
                                               for personal conveyance. This provision                 asked that the Agency provide a 30-day
                                                                                                                                                              attachments and other supporting
                                               is available to all CMV drivers required                extension of the comment period. ATA
                                                                                                                                                              materials, will be made available to the
                                               to record their hours of service (HOS)                  expressed concern that end-of-year tasks               public. Do not include any personally
                                               who are permitted by their employer to                  and holiday periods might make it                      identifiable information (such as Social
                                               use the vehicle for personal use. The                   difficult for many interested parties to               Security number, name, address, or
                                               proposed regulatory guidance would                      prepare comments by the original                       other contact information) or any other
                                               revise Question 26 to 49 CFR 395.8.                     January 19, deadline. A copy of the ATA                information in your comment or
                                                  The existing guidance on personal                    request is in the docket identified at the             supporting materials that you do not
                                               conveyance (49 CFR 395.8, Question 26)                  beginning of this notice.                              want publicly disclosed. Treasury will
                                               was issued by the Federal Highway                                                                              make comments available for public
                                               Administration (FHWA), FMCSA’s                            FMCSA acknowledges ATA’s
                                                                                                       concerns. After reviewing the request,                 inspection and copying on
                                               predecessor agency, in a memorandum                                                                            www.regulations.gov or upon request.
                                               dated November 18, 1996, and later                      FMCSA hereby grants a 30-day
                                                                                                       extension of the comment period to                     Comments posted on the internet can be
                                               published in a compilation of guidance                                                                         retrieved by most internet search
                                               (62 FR 16370, 16426, April 4, 1997). The                February 20, 2018, to provide all
                                                                                                       interested parties additional time to                  engines.
                                               guidance reiterated the basic principle
                                               that a driver in off-duty status must be                respond to the notice of proposed                      FOR FURTHER INFORMATION CONTACT:     For
daltland on DSKBBV9HB2PROD with NOTICES




                                               relieved from work and all                              regulatory guidance.                                   information regarding the application
                                               responsibility for performing work. It                    Issued on: January 12, 2018.
                                                                                                                                                              from the Alaska Ironworkers Pension
                                               highlighted the use of the CMV as a                                                                            Plan, please contact Treasury at [(202)
                                                                                                       Larry W. Minor,                                        622–1534] (not a toll-free number).
                                               personal conveyance in traveling to and
                                               from the place of employment (e.g., the                 Associate Administrator for Policy.
                                                                                                                                                              SUPPLEMENTARY INFORMATION: The
                                               normal work reporting location). The                    [FR Doc. 2018–00878 Filed 1–18–18; 8:45 am]            Multiemployer Pension Reform Act of
                                               1997 guidance included discussion of                    BILLING CODE 4910–EX–P                                 2014 (MPRA) amended the Internal


                                          VerDate Sep<11>2014   17:05 Jan 18, 2018   Jkt 244001   PO 00000   Frm 00108   Fmt 4703   Sfmt 4703   E:\FR\FM\19JAN1.SGM   19JAN1


                                                                              Federal Register / Vol. 83, No. 13 / Friday, January 19, 2018 / Notices                                                  2875

                                               Revenue Code to permit a                                FOR FURTHER INFORMATION CONTACT:                       05 Aug 1976; nationality China; Additional
                                               multiemployer plan that is projected to                 OFAC: Associate Director for Global                    Sanctions Information—Subject to Secondary
                                               have insufficient funds to reduce                       Targeting, tel.: 202–622–2420; Assistant               Sanctions; Gender Male; Passport PE0475719
                                                                                                                                                              (China) expires 14 Nov 2019 (individual)
                                               pension benefits payable to participants                Director for Sanctions Compliance &                    [NPWMD] [IFSR].
                                               and beneficiaries if certain conditions                 Evaluation, tel.: 202–622–2490;                           Designated pursuant to section 1(a)(iii) of
                                               are satisfied. In order to reduce benefits,             Assistant Director for Licensing, tel.:                E.O. 13382 for having provided, or attempted
                                               the plan sponsor is required to submit                  202–622–2480; or the Department of the                 to provide, financial, material, technological
                                               an application to the Secretary of the                  Treasury’s Office of the General                       or other support for, or goods or services in
                                               Treasury, which Treasury, in                            Counsel: Office of the Chief Counsel                   support of, SHIRAZ ELECTRONICS
                                               consultation with the Pension Benefit                   (Foreign Assets Control), tel.: 202–622–               INDUSTRIES, a person whose property and
                                                                                                                                                              interests in property are blocked pursuant to
                                               Guaranty Corporation (PBGC) and the                     2410.
                                                                                                                                                              E.O. 13382, and section 1(a)(iv) of E.O. 13382
                                               Department of Labor, is required to                     SUPPLEMENTARY INFORMATION:                             for acting or purporting to act for or on
                                               approve or deny.                                                                                               behalf, directly or indirectly, WUHAN
                                                 On December 19, 2017, the Board of                    Electronic Availability
                                                                                                                                                              SANJIANG IMPORT AND EXPORT CO. LTD,
                                               Trustees of the Alaska Ironwokers                         The Specially Designated Nationals                   a person whose property and interests in
                                               Pension Plan submitted an application                   and Blocked Persons List and additional                property are blocked pursuant to E.O. 13382.
                                               for approval to reduce benefits under                   information concerning OFAC sanctions                     4. ZIAEI, Gholamreza, Karaj, Iran;
                                                                                                       programs are available on OFAC’s                       Additional Sanctions Information—Subject
                                               the plan. As required by MPRA, that                                                                            to Secondary Sanctions; Gender Male
                                               application has been published on                       website (www.treas.gov/ofac).                          (individual) [IRAN–HR].
                                               Treasury’s website at https://                          Notice of OFAC Actions                                    Designated pursuant to section 1(a)(ii)(C) of
                                               auth.treasury.gov/services/Pages/Plan-                                                                         E.O. 13553 for having acted or purported to
                                               Applications.aspx. Treasury is                            On January 12, 2018, OFAC                            act for or on behalf of, directly or indirectly,
                                               publishing this notice in the Federal                   determined that the property and                       RAJAEE SHAHR PRISON.
                                               Register, in consultation with the PBGC                 interests in property subject to U.S.                     5. ZHU, Yuequn; DOB 01 Nov 1979; POB
                                               and the Department of Labor, to solicit                 jurisdiction of the following persons are              Jiangsu, China; nationality China; Additional
                                                                                                       blocked under the relevant sanctions                   Sanctions Information—Subject to Secondary
                                               public comments on all aspects of the                                                                          Sanctions; Gender Male; Passport G40986974
                                               Alaska Ironworkers Pension Plan                         authorities listed below.
                                                                                                                                                              (China) expires 01 Mar 2020 (individual)
                                               application.                                            Individuals                                            [NPWMD] [IFSR].
                                                 Comments are requested from                                                                                     Designated pursuant to section 1(a)(iv) of
                                                                                                          1. LARIJANI, Sadegh Amoli (a.k.a.                   E.O. 13382 for acting or purporting to act for
                                               interested parties, including                           LARIJANI, Sadegh; a.k.a. LARIJANI, Sadeq;
                                               participants and beneficiaries, employee                                                                       or on behalf, directly or indirectly,
                                                                                                       a.k.a. LARIJANI, Sadeq Ardeshir; a.k.a.                BOCHUANG CERAMIC, INC.
                                               organizations, and contributing                         LARIJANI–AMOLI, Sadegh Ardeshir), Iran;
                                               employers of the Alaska Ironworkers                     DOB 1960; POB Najaf, Iraq; Additional                  Entities
                                               Pension Plan. Consideration will be                     Sanctions Information—Subject to Secondary                1. BOCHUANG CERAMIC, INC., A101
                                               given to any comments that are timely                   Sanctions; Gender Male; Ayatollah; Head of             Songgang Industry Park, No. 368 West Yindu
                                               received by Treasury.                                   the Judiciary (individual) [IRAN–HR].                  Road, Shanghai 201612, China; website
                                                                                                          Designated pursuant to section 1(a)(ii)(A)          http://www.boceramic.com; Additional
                                                 Dated: January 11, 2018.                              of Executive Order 13553 of September 28,              Sanctions Information—Subject to Secondary
                                               David Kautter,                                          2010, ‘‘Blocking Property of Certain Persons           Sanctions [NPWMD] [IFSR].
                                               Assistant Secretary for Tax Policy.                     With Respect to Serious Human Rights                      Designated pursuant to sections 1(a)(iii) of
                                                                                                       Abuses by the Government of Iran and                   E.O. 13382 for having provided, or attempted
                                               [FR Doc. 2018–00828 Filed 1–18–18; 8:45 am]
                                                                                                       Taking Certain Other Actions’’ (‘‘E.O.                 to provide, financial, material, technological
                                               BILLING CODE 4810–25–P                                  13553’’), for being an official of the                 or other support for, or goods or services in
                                                                                                       Government of Iran or a person acting on               support of, PARDAZAN SYSTEM NAMAD
                                                                                                       behalf of the Government of Iran (including            ARMAN.
                                               DEPARTMENT OF THE TREASURY                              members of paramilitary organizations) who                2. GREEN WAVE TELECOMMUNICATION
                                                                                                       is responsible for or complicit in, or                 (a.k.a. GREEN WAVE TECHNOLOGIES; a.k.a.
                                               Office of Foreign Assets Control                        responsible for ordering, controlling, or              GREEN WAVE TELECOMMUNICATION
                                                                                                       otherwise directing, the commission of                 SDN BHD; a.k.a. GREENWAVE TELECOM;
                                               Notice of OFAC Sanctions Actions                        serious human rights abuses against persons            a.k.a. ‘‘GREEN WAVE’’; a.k.a. ‘‘GREEN
                                                                                                       in Iran or Iranian citizens or residents, or the       WAVE COMPANY’’; a.k.a. ‘‘GWT’’), 8, 12, 9,
                                               AGENCY:  Office of Foreign Assets                       family members of the foregoing, on or after           Menara Mutiara, Bangsar, Jalan Liku, Off
                                               Control, Treasury.                                      June 12, 2009, regardless of whether such              Jalan Bangsar, Kuala Lumpur 59100,
                                               ACTION: Notice.                                         abuses occurred in Iran.                               Malaysia; website gwt.com.my; Additional
                                                                                                          2. RAZAVI, Morteza (a.k.a. RAZAVI, Seyed            Sanctions Information—Subject to Secondary
                                               SUMMARY:   The U.S. Department of the                   Morteza; a.k.a. REZAVI, Mortaza); DOB 09               Sanctions; Registration ID 880140–W
                                               Treasury’s Office of Foreign Assets                     Apr 1973; POB Tehran, Iran; Additional                 (Malaysia) [NPWMD] [IFSR].
                                               Control (OFAC) is publishing the names                  Sanctions Information—Subject to Secondary                Designated pursuant to sections 1(a)(iii)
                                                                                                       Sanctions; Gender Male (individual)                    and 1(a)(iv) of E.O. 13382 for having
                                               of one or more persons that have been                   [NPWMD] [IFSR].                                        provided, or attempted to provide, financial,
                                               placed on OFAC’s Specially Designated                      Designated pursuant to section 1(a)(iv) of          material, technological or other support for,
                                               Nationals and Blocked Persons List                      Executive Order 13382 of June 28, 2005,                or goods or services in support of, and for
                                               based on OFAC’s determination that one                  ‘‘Blocking Property of Weapons of Mass                 being owned or controlled by, FANAMOJ, a
                                               or more applicable legal criteria were                  Destruction Proliferators and Their                    person whose property and interests in
daltland on DSKBBV9HB2PROD with NOTICES




                                               satisfied. All property and interests in                Supporters’’ (‘‘E.O. 13382’’), for acting for or       property are blocked pursuant to E.O. 13382.
                                               property subject to U.S. jurisdiction of                on behalf of, directly or indirectly,                     3. IRAN AIRCRAFT INDUSTRIES (a.k.a.
                                               these persons are blocked, and U.S.                     FANAMOJ, a person whose property and                   IRAN AIRCRAFT INDUSTRIES CO.; a.k.a.
                                               persons are generally prohibited from                   interests in property are blocked pursuant to          ‘‘IACI’’; a.k.a. ‘‘SAHA’’), Km 3 Karaj Special
                                                                                                       E.O. 13382, and GREEN WAVE                             Road, Ekbatan City, Azadi Square, Tehran,
                                               engaging in transactions with them.                     TELECOMMUNICATION.                                     Iran; P.O. Box 14155–1449, Iran; Additional
                                               DATES: See Supplementary Information                       3. YUHUA, Shi (a.k.a. HUA, Shi Yu; a.k.a.           Sanctions Information—Subject to Secondary
                                               section.                                                SHI, Yuhua; a.k.a. ‘‘SHI, Arlex’’), China; DOB         Sanctions [NPWMD] [IFSR].



                                          VerDate Sep<11>2014   17:05 Jan 18, 2018   Jkt 244001   PO 00000   Frm 00109   Fmt 4703   Sfmt 4703   E:\FR\FM\19JAN1.SGM   19JAN1



Document Created: 2018-01-19 02:42:32
Document Modified: 2018-01-19 02:42:32
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 March 5, 2018.
ContactFor information regarding the application from the Alaska Ironworkers Pension Plan, please contact Treasury at [(202) 622-1534] (not a toll-free number).
FR Citation83 FR 2874 

2025 Federal Register | Disclaimer | Privacy Policy
USC | CFR | eCFR