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TREAS/IRS RIN: 1545-BH73 Publication ID: Fall 2008 
Title: ●Multiemployer Plan Funding Guidance 
Abstract: The proposed regulations provide guidance relating to multiemployer plan that are either in endangered or critical status. This action is necessary to implement the new rules set forth in section 432 that are effective for plan years beginning after 2007. These proposed regulations would affect sponsors of, and participants and beneficiaries in, multiemployer defined benefit pension plans. 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: First time published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: No  Unfunded Mandates: Undetermined 
CFR Citation: 26 CFR 1.432(c)-1    26 CFR 1.432(e)-1    26 CFR 1.4971(g)-1   
Legal Authority: 26 USC 432    26 USC 4971    26 USC 7805    26 USC 212 of Pension Protection Act of 2006, PL 109-280, 120 Stat 780   
Legal Deadline:
Action Source Description Date
NPRM  Statutory  Proposed regulations  12/00/2008 

Overall Description of Deadline: The rules under section 432 are effective for plan years beginning after 2007. Multiemployer plans will need to know what the rules are after they have certified their funding status. A rehabilitation or funding improvement plan is required to be adopted within 240 days after the due date of the certification.

Timetable:
Action Date FR Cite
NPRM  12/00/2008    
Additional Information: REG-107729-08 Drafting attorney: Bruce L. Perlin (202) 622-7059 Reviewing attorney: Michael J. Roach (202) 622-6090 Treasury attorney: William Evans (202) 622-1332 CC: TEGE
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Bruce L. Perlin
Senior Attorney
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW., Room 4427,
Washington, DC 20224
Phone:202 622-7059
Fax:202 927-1851
Email: bruce.l.perlin@irscounsel.treas.gov