federal_register: 2011-32962

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document_number title type abstract publication_date pub_year pub_month html_url pdf_url agency_names agency_ids excerpts regulation_id_numbers
2011-32962 Pendency of Request for Approval of Special Withdrawal Liability Rules; the Cultural Institutions Pension Plan Notice This notice advises interested persons that the Pension Benefit Guaranty Corporation ("PBGC") has received a request from The Cultural Institutions Pension Plan for approval of a plan amendment providing for special withdrawal liability rules. Under Sec. 4203(f) of the Employee Retirement Income Security Act of 1974 and PBGC's regulation on Extension of Special Withdrawal Liability Rules, a multiemployer pension plan may, with PBGC approval, be amended to provide for special withdrawal liability rules similar to those that apply to the construction and entertainment industries. Such approval is granted only if PBGC determines that the rules apply to an industry with characteristics that make use of the special rules appropriate and that the rules will not pose a significant risk to PBGC. Before granting an approval, PBGC's regulations require PBGC to give interested persons an opportunity to comment on the request. The purpose of this notice is to advise interested persons of the request and to solicit their views on it. 2011-12-23 2011 12 https://www.federalregister.gov/documents/2011/12/23/2011-32962/pendency-of-request-for-approval-of-special-withdrawal-liability-rules-the-cultural-institutions https://www.govinfo.gov/content/pkg/FR-2011-12-23/pdf/2011-32962.pdf Pension Benefit Guaranty Corporation 405 This notice advises interested persons that the Pension Benefit Guaranty Corporation ("PBGC") has received a request from The Cultural Institutions Pension Plan for approval of a plan amendment providing for special withdrawal liability rules. Under...  

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