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TREAS/IRS RIN: 1545-BL62 Publication ID: Fall 2014 
Title: Transition Rules Relating to the Market Rate of Return Requirements for Statutory Hybrid Plans 
Abstract: Regulations provide guidance for certain amendments made to comply with the requirement that a statutory hybrid plan not provide for interest credits (or equivalent amounts) at an effective rate that is greater than a market rate of return. These proposed regulations would permit a defined benefit pension plan with an interest crediting rate that is not permitted under the final hybrid plan regulations to change to a rate that is permitted under the regulations, without violating the anti-cutback rules of section 411(d)(6). 
Agency: Department of the Treasury(TREAS)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Proposed Rule Stage 
Major: Undetermined  Unfunded Mandates: Undetermined 
CFR Citation: 26 CFR 1.411(b)(5)-1 (revision)   
Legal Authority: 26 USC 7805    26 USC 411(b)(5)    26 USC 411(d)(6)   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  09/19/2014  79 FR 56305   
NPRM Comment Period End  12/18/2014 
Additional Information: REG-111839-13 Drafting attorney: Neil Sandhu (202) 622-6090 Reviewing attorney: Linda Marshall (202) 622-6090 Treasury attorney: William Evans (202) 622-6090 CC:TEGE
Regulatory Flexibility Analysis Required: No  Government Levels Affected: Undetermined 
Small Entities Affected: Organizations  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Neil Sandhu
Attorney-Advisor
Department of the Treasury
Internal Revenue Service
1111 Constitution Avenue NW., Room 4429,
Washington, DC 20224
Phone:202 317-4841
Fax:855 604-6086
Email: neil.sandhu@irscounsel.treas.gov