Multiemployer Pension Plan Application To Reduce Benefits, 24942 [2016-09836]
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24942
Federal Register / Vol. 81, No. 81 / Wednesday, April 27, 2016 / Notices
comments or submit written statements
for consideration. Due to limited
conference lines, notification of intent
to participate must be made with
Antoinette Ross. For more information
please contact: Antoinette Ross at 1–
888–912–1227 or (202) 317–4110, or
write TAP Office, 1111 Constitution
Avenue NW., Room 1509—National
Office, Washington, DC 20224, or
contact us at the Web site: https://
www.improveirs.org.
The committee will be discussing
various issues related to Taxpayer
Communications and public input is
welcome.
Dated: April 21, 2016.
Antoinette Ross,
Acting Director, Taxpayer Advocacy Panel.
[FR Doc. 2016–09764 Filed 4–26–16; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Internal Revenue Service
Open Meeting of the Taxpayer
Advocacy Panel Joint Committee
Internal Revenue Service (IRS),
Treasury.
AGENCY:
ACTION:
Notice of meeting.
An open meeting of the
Taxpayer Advocacy Panel Joint
Committee will be conducted. The
Taxpayer Advocacy Panel is soliciting
public comments, ideas, and
suggestions on improving customer
service at the Internal Revenue Service.
SUMMARY:
The meeting will be held
Wednesday, May 25, 2016.
DATES:
Kim
Vinci at 1–888–912–1227 or 916–974–
5086.
FOR FURTHER INFORMATION CONTACT:
Notice is
hereby given pursuant to Section
10(a)(2) of the Federal Advisory
Committee Act, 5 U.S.C. App. (1988)
that an open meeting of the Taxpayer
Advocacy Panel Joint Committee will be
held Wednesday, May 25, 2016, at 1:00
p.m. Eastern Time via teleconference.
The public is invited to make oral
comments or submit written statements
for consideration. For more information
please contact: Kim Vinci at 1–888–
912–1227 or 916–974–5086, TAP Office,
4330 Watt Ave., Sacramento, CA 95821,
or contact us at the Web site: https://
www.improveirs.org.
The agenda will include various
committee issues for submission to the
IRS and other TAP related topics. Public
input is welcomed.
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SUPPLEMENTARY INFORMATION:
VerDate Sep<11>2014
17:29 Apr 26, 2016
Jkt 238001
Dated: April 21, 2016.
Antoinette Ross,
Acting Director, Taxpayer Advocacy Panel.
[FR Doc. 2016–09763 Filed 4–26–16; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Multiemployer Pension Plan
Application To Reduce Benefits
Department of the Treasury.
Notice of availability; request
for comments.
AGENCY:
ACTION:
The Board of Trustees of the
Iron Workers Local Union 16 Pension
Fund, a multiemployer pension plan,
has submitted an application to
Treasury 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 Iron Workers Local
Union 16 Pension Fund has been
published on the Web site of the
Department of the Treasury (Treasury),
and to request public comments on the
application from interested parties,
including contributing employers,
employee organizations, and
participants and beneficiaries of the Iron
Workers Local Union 16 Pension Fund.
DATES: Comments must be received by
June 9, 2016.
ADDRESSES: You may submit comments
electronically through the Federal
eRulemaking Portal at https://
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: Deva Kyle. 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.
SUMMARY:
PO 00000
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Fmt 4703
Sfmt 4703
For
information regarding the application
from the Board of Trustees of the Iron
Workers Local Union 16 Pension Fund,
please contact Treasury at (202) 622–
1534 (not a toll-free number).
FOR FURTHER INFORMATION CONTACT:
The
Multiemployer Pension Reform Act of
2014 (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 Treasury, in
consultation with the Pension Benefit
Guaranty Corporation (PBGC) and the
Department of Labor, is required to
approve or deny.
On March 26, 2016, the Board of
Trustees of the Iron Workers Local
Union 16 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 PBGC and
the Department of Labor, to solicit
public comments on all aspects of the
Iron Workers Local Union 16 Pension
Fund application.
Comments are requested from
interested parties, including
contributing employers, employee
organizations, and participants and
beneficiaries of the Iron Workers Local
Union 16 Pension Fund. Consideration
will be given to any comments that are
timely received by Treasury.
SUPPLEMENTARY INFORMATION:
Dated: April 20, 2016.
David R. Pearl,
Executive Secretary, Department of the
Treasury.
[FR Doc. 2016–09836 Filed 4–26–16; 8:45 am]
BILLING CODE 4810–25–P
DEPARTMENT OF THE TREASURY
Submission for OMB Review;
Comment Request
April 22, 2016.
The Department of the Treasury will
submit the following information
collection requests to the Office of
Management and Budget (OMB) for
review and clearance in accordance
with the Paperwork Reduction Act of
1995, Public Law 104–13, on or after the
date of publication of this notice.
E:\FR\FM\27APN1.SGM
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]]>Agencies
[Federal Register Volume 81, Number 81 (Wednesday, April 27, 2016)]
[Notices]
[Page 24942]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-09836]
-----------------------------------------------------------------------
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 Iron Workers Local Union 16
Pension Fund, a multiemployer pension plan, has submitted an
application to Treasury 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 Iron Workers Local Union 16 Pension Fund has
been published on the Web site of the Department of the Treasury
(Treasury), and to request public comments on the application from
interested parties, including contributing employers, employee
organizations, and participants and beneficiaries of the Iron Workers
Local Union 16 Pension Fund.
DATES: Comments must be received by June 9, 2016.
ADDRESSES: You may submit comments electronically through the Federal
eRulemaking Portal at https://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: Deva Kyle. 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 Board of Trustees of the Iron Workers Local Union
16 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 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 26, 2016, the Board of Trustees of the Iron Workers Local
Union 16 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 PBGC and the Department of
Labor, to solicit public comments on all aspects of the Iron Workers
Local Union 16 Pension Fund application.
Comments are requested from interested parties, including
contributing employers, employee organizations, and participants and
beneficiaries of the Iron Workers Local Union 16 Pension Fund.
Consideration will be given to any comments that are timely received by
Treasury.
Dated: April 20, 2016.
David R. Pearl,
Executive Secretary, Department of the Treasury.
[FR Doc. 2016-09836 Filed 4-26-16; 8:45 am]
BILLING CODE 4810-25-P
