These information collections provides procedures for electing an alternative deficit reduction contribution, including a model election form; guidance on the type of notices that must be given by an employer to plan participants; and guidance on the restrictions that are placed on plan amendments. This information is used to monitor and make valid determinations with respect to employers that make an election for certain plans and make restricted amendments.
US Code:
26 USC 412
Name of Law: Minimum funding standards
US Code:
26 USC 501(c)(5)
Name of Law: Labor, agricultural, or horticultural organizations
US Code:
26 USC 6103
Name of Law: Confidentiality and disclosure of returns and return information
We are combining OMB numbers 1545-1883, 1545-1884, and 1545-1889 under a single OMB number: 1545-1883. These information collections relate to the election of alternative deficit reduction contributions and the increase in burden is attributed to an adjustment due to the consolidation of these three information collections.
$0
No
No
No
No
No
Uncollected
James Holland 2022839699
No
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.
Notice 2004-59.pdf
1545-1883_SS_29JAN2014.doc
Election of Alternative Deficit Reduction Contribution and Plan Amendments