This document contains final regulations providing guidance relating to the application of section 204(h) notice requirements to a pension plan amendment that is permitted to reduce benefits accrued before the plan amendmentÂs applicable amendment date. These regulations also reflect certain amendments made to section 4980F of the Internal Revenue Code by the Pension Protection Act of 2006, Public Law 109-280 (120 Stat. 780).
US Code:
26 USC 4980F
Name of Law: Failure of applicable plans reducing benefit accruals to satisfy notice requirements
PL: Pub.L. 109 - 280 1107 Name of Law: Pension Protection Act of 2006
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.