Notice 2005-40, Election to Defer Net Experience Loss in a Multiemployer Plan

ICR 201411-1545-066

OMB: 1545-1935

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2014-12-10
IC Document Collections
ICR Details
1545-1935 201411-1545-066
Historical Active 201111-1545-017
TREAS/IRS
Notice 2005-40, Election to Defer Net Experience Loss in a Multiemployer Plan
Extension without change of a currently approved collection   No
Regular
Approved without change 03/25/2015
Retrieve Notice of Action (NOA) 12/29/2014
  Inventory as of this Action Requested Previously Approved
03/31/2018 36 Months From Approved 03/31/2015
12 0 12
960 0 960
0 0 0

This notice describes the election that must be filed by an eligible multiemployer plan's enrolled actuary to the Service in order to defer a net experience loss. The notice also describes the notification that must be given to plan participants and beneficiaries, to labor organization, to contributing employers and to the Pension Benefit Guaranty Corporation within 30 days of making an election with the Service and the certification that must be filed if a restricted amendment is adopted.

US Code: 26 USC 412 Name of Law: Minimum funding standards
   US Code: 26 USC 302 Name of Law: Distributions in redemption of stock
  
None

Not associated with rulemaking

  79 FR 61134 10/09/2014
79 FR 77084 12/23/2014
No

1
IC Title Form No. Form Name
Notice 2005-40, election to defer net experience loss in a multiemployer plan

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 12 12 0 0 0 0
Annual Time Burden (Hours) 960 960 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
No
No
No
No
Uncollected
Michael Rubin 202 622-4400

  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.
12/29/2014


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