Multiemployer Pension Plan Application To Reduce Benefits, 83333 [2016-27938]
Download as PDF
Federal Register / Vol. 81, No. 224 / Monday, November 21, 2016 / Notices
The following paragraph applies to all
of the collections of information covered
by this notice:
An agency may not conduct or
sponsor, and a person is not required to
respond to, a collection of information
unless the collection of information
displays a valid OMB control number.
Books or records relating to a
collection of information must be
retained as long as their contents may
become material in the administration
of any internal revenue law. Generally,
tax returns and tax return information
are confidential, as required by 26
U.S.C. 6103.
Request for Comments: Comments
submitted in response to this notice will
be summarized and/or included in the
request for OMB approval. All
comments will become a matter of
public record. Comments are invited on:
(a) Whether the collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information shall have practical utility;
(b) the accuracy of the agency’s estimate
of the burden of the collection of
information; (c) ways to enhance the
quality, utility, and clarity of the
information to be collected; (d) ways to
minimize the burden of the collection of
information on respondents, including
through the use of automated collection
techniques or other forms of information
technology; and (e) estimates of capital
or start-up costs and costs of operation,
maintenance, and purchase of services
to provide information.
Approved: November 8, 2016.
Tuawana Pinkston,
IRS Reports Clearance Officer.
[FR Doc. 2016–27905 Filed 11–18–16; 8:45 am]
BILLING CODE 4830–01–P
DEPARTMENT OF THE TREASURY
Multiemployer Pension Plan
Application To Reduce Benefits
Department of the Treasury.
ACTION: Notice of availability; Request
for comments.
AGENCY:
On September 28, 2016, the
Department published a notice of
availability and request for comments
regarding an application to Treasury to
reduce benefits under the New York
State Teamsters Conference Pension and
Retirement Fund in accordance with the
Multiemployer Pension Reform Act of
2014 (MPRA). The purpose of this
notice is to reopen the comment period
to provide more time for interested
parties to provide comments.
asabaliauskas on DSK3SPTVN1PROD with NOTICES
SUMMARY:
VerDate Sep<11>2014
18:09 Nov 18, 2016
Jkt 241001
Comments must be received on
or before December 21, 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: 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 New York State Teamsters
Conference Pension and Retirement
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 August 31, 2016, the Board of
Trustees of the New York State
Teamsters Conference Pension and
Retirement Fund (NYS Teamsters
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/PlanApplications.aspx. On September 28,
2016, Treasury published a notice in the
Federal Register (81 FR 66751–2), in
DATES:
PO 00000
Frm 00138
Fmt 4703
Sfmt 4703
83333
consultation with PBGC and the
Department of Labor, to solicit public
comments on all aspects of the NYS
Teamsters Pension Fund application.
The notice provided that comments
must be received by November 14, 2016.
On November 1, 2016, the Retiree
Representative (appointed by the NYS
Teamsters Pension Fund in connection
with its application to reduce benefits)
requested a thirty-day extension of the
comment period.
This notice announces the reopening
of the comment period in order to give
additional time for interested parties to
provide comments. Comments are
requested from interested parties,
including contributing employers,
employee organizations, and
participants and beneficiaries of the
NYS Teamsters Pension Fund.
Consideration will be given to any
comments that are received by Treasury
on or before December 21, 2016.
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 NYS Teamsters Pension
Fund application.
Comments are requested from
interested parties, including
participants and beneficiaries, employee
organizations, and contributing
employers of the NYS Teamsters
Pension Fund. Consideration will be
given to any comments that are timely
received by Treasury.
Dated: November 15, 2016.
David R. Pearl,
Executive Secretary, Department of the
Treasury.
[FR Doc. 2016–27938 Filed 11–18–16; 8:45 am]
BILLING CODE 4810–25–P
DEPARTMENT OF VETERANS
AFFAIRS
Annual Determination of Staffing
Shortages
Department of Veterans Affairs.
Notice.
AGENCY:
ACTION:
Section 7412 of title 38,
United States Code (U.S.C.) requires the
Department of Veterans Affairs (VA)
Inspector General (IG) to determine and
report on the top five occupations of VA
personnel covered under 38 U.S.C.
7401, for which there are the largest
staffing shortages. The top five
occupations are calculated over the fiveyear period preceding the
determination, and the Secretary of
Veterans Affairs is required to publish
these findings in the Federal Register.
Based on its review, the IG identified
SUMMARY:
E:\FR\FM\21NON1.SGM
21NON1
Agencies
[Federal Register Volume 81, Number 224 (Monday, November 21, 2016)]
[Notices]
[Page 83333]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-27938]
-----------------------------------------------------------------------
DEPARTMENT OF THE TREASURY
Multiemployer Pension Plan Application To Reduce Benefits
AGENCY: Department of the Treasury.
ACTION: Notice of availability; Request for comments.
-----------------------------------------------------------------------
SUMMARY: On September 28, 2016, the Department published a notice of
availability and request for comments regarding an application to
Treasury to reduce benefits under the New York State Teamsters
Conference Pension and Retirement Fund in accordance with the
Multiemployer Pension Reform Act of 2014 (MPRA). The purpose of this
notice is to reopen the comment period to provide more time for
interested parties to provide comments.
DATES: Comments must be received on or before December 21, 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: 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 New York State Teamsters Conference Pension and
Retirement 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 August 31, 2016, the Board of Trustees of the New York State
Teamsters Conference Pension and Retirement Fund (NYS Teamsters 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. On September 28, 2016, Treasury published a notice
in the Federal Register (81 FR 66751-2), in consultation with PBGC and
the Department of Labor, to solicit public comments on all aspects of
the NYS Teamsters Pension Fund application. The notice provided that
comments must be received by November 14, 2016. On November 1, 2016,
the Retiree Representative (appointed by the NYS Teamsters Pension Fund
in connection with its application to reduce benefits) requested a
thirty-day extension of the comment period.
This notice announces the reopening of the comment period in order
to give additional time for interested parties to provide comments.
Comments are requested from interested parties, including contributing
employers, employee organizations, and participants and beneficiaries
of the NYS Teamsters Pension Fund. Consideration will be given to any
comments that are received by Treasury on or before December 21, 2016.
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 NYS Teamsters Pension Fund
application.
Comments are requested from interested parties, including
participants and beneficiaries, employee organizations, and
contributing employers of the NYS Teamsters Pension Fund. Consideration
will be given to any comments that are timely received by Treasury.
Dated: November 15, 2016.
David R. Pearl,
Executive Secretary, Department of the Treasury.
[FR Doc. 2016-27938 Filed 11-18-16; 8:45 am]
BILLING CODE 4810-25-P