Multiemployer Pension Plan Application To Reduce Benefits, 19793 [2017-08715]

Download as PDF Federal Register / Vol. 82, No. 81 / Friday, April 28, 2017 / Notices public comments on all aspects of the Alaska Ironworkers Pension Trust application. Comments are requested from interested parties, including participants and beneficiaries, employee organizations, and contributing employers of the Alaska Ironworkers Pension Trust. Consideration will be given to any comments that are timely received by Treasury. 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. Dated: April 25, 2017. Robert J. Neis, Benefits Tax Counsel, Office of Tax Policy. FOR FURTHER INFORMATION CONTACT: For information regarding the application from the IAM Motor City Pension Fund, please contact Treasury at (202) 622– 1534 (not a toll-free number). [FR Doc. 2017–08714 Filed 4–27–17; 8:45 am] BILLING CODE 4810–25–P 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 International Association of Machinists Motor City Pension Fund (IAM Motor City 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 IAM Motor City 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 IAM Motor City Pension Fund. DATES: Comments must be received by June 12, 2017. 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 asabaliauskas on DSK3SPTVN1PROD with NOTICES SUMMARY: VerDate Sep<11>2014 17:38 Apr 27, 2017 Jkt 241001 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 29, 2017, the Board of Trustees of the IAM Motor City 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. 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 IAM Motor City Pension Fund application. Comments are requested from interested parties, including participants and beneficiaries, employee organizations, and contributing employers of the IAM Motor City Pension Fund. Consideration will be given to any comments that are timely received by Treasury. SUPPLEMENTARY INFORMATION: DEPARTMENT OF THE TREASURY Dated: April 25, 2017. Robert J. Neis, Benefits Tax Counsel, Office of Tax Policy. [FR Doc. 2017–08715 Filed 4–27–17; 8:45 am] BILLING CODE 4810–25–P PO 00000 19793 DEPARTMENT OF VETERANS AFFAIRS Notice of Meeting of the Cooperative Studies Scientific Evaluation Committee The Department of Veterans Affairs gives notice under the Federal Advisory Committee Act, 5 U.S.C. App. 2, that the Cooperative Studies Scientific Evaluation Committee will hold a meeting on June 29, 2017, at the American Association of Airport Executives, 601 Madison Street, Alexandria, VA. The meeting will begin at 8:30 a.m. and end at 12:30 p.m. The Committee advises the Chief Research and Development Officer on the relevance and feasibility of proposed projects and the scientific validity and propriety of technical details, including protection of human subjects. The session will be open to the public for approximately 30 minutes at the start of the meeting for the discussion of administrative matters and the general status of the program. The remaining portion of the meeting will be closed to the public for the Committee’s review, discussion, and evaluation of research and development applications. During the closed portion of the meeting, discussions and recommendations will deal with qualifications of personnel conducting the studies, staff and consultant critiques of research proposals and similar documents, and the medical records of patients who are study subjects, the disclosure of which would constitute a clearly unwarranted invasion of personal privacy. As provided by section 10(d) of Public Law 92–463, as amended, closing portions of this meeting is in accordance with 5 U.S.C. 552b(c)(6) and (c)(9)(B). The Committee will not accept oral comments from the public for the open portion of the meeting. Those who plan to attend or wish additional information should contact Dr. Grant Huang, Acting Director, Cooperative Studies Program (10P9CS), Department of Veterans Affairs, 810 Vermont Avenue NW., Washington, DC 20420, at (202) 443– 5700 or by email at grant.huang@va.gov. Those wishing to submit written comments may send them to Dr. Huang at the same address and email. Dated: April 25, 2017. LaTonya L. Small, Ed.D., Federal Advisory Committee Management Officer. [FR Doc. 2017–08653 Filed 4–27–17; 8:45 am] BILLING CODE 8320–01–P Frm 00142 Fmt 4703 Sfmt 9990 E:\FR\FM\28APN1.SGM 28APN1

Agencies

[Federal Register Volume 82, Number 81 (Friday, April 28, 2017)]
[Notices]
[Page 19793]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2017-08715]


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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.

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SUMMARY: The Board of Trustees of the International Association of 
Machinists Motor City Pension Fund (IAM Motor City 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 IAM Motor City 
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 IAM Motor City Pension Fund.

DATES: Comments must be received by June 12, 2017.

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 IAM Motor City 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 29, 2017, the Board of Trustees of the IAM Motor City 
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 IAM Motor City 
Pension Fund application.
    Comments are requested from interested parties, including 
participants and beneficiaries, employee organizations, and 
contributing employers of the IAM Motor City Pension Fund. 
Consideration will be given to any comments that are timely received by 
Treasury.

    Dated: April 25, 2017.
Robert J. Neis,
Benefits Tax Counsel, Office of Tax Policy.
[FR Doc. 2017-08715 Filed 4-27-17; 8:45 am]
 BILLING CODE 4810-25-P
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