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|Agencies Issue Request for Comments Under Multiemployer Pension Reform Act of 2014|
Feb. 22, 2015
"The issues upon which Treasury and IRS requested comments include the following:  How should actuarial and other issues relating to determinations and certifications (such as certification of insolvency) be addressed?  Issues pertaining to providing notice to participants of the request and the impact on the individual participant.  Issues relating to how a vote of plan participants should be conducted, including the timing involved.... If, for example, plan sponsors do not have up-to-date addresses for participants and beneficiaries, especially terminated vested participants, issues can be raised concerning the notice and voting portions of the overall suspension process."
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