Federal Register #15452111

IRS Requests Public Comment on Annual Certification for Multiemployer Defined Benefit Plans

The Internal Revenue Service (IRS), part of the Department of the Treasury, is seeking public comment on its annual information collection for multiemployer defined benefit plan certifications. - Government Buyer: - Internal Revenue Service (IRS), Department of the Treasury - OEMs and Vendors: - No OEMs or commercial vendors are involved; this is an information collection activity - Products/Services Requested: - Annual actuarial certification submission for multiemployer defined benefit plans - Form 15315 (Actuarial Certification) - Estimated 1,200 responses annually - Unique or Notable Requirements: - Certification must determine if a plan is in endangered or critical status per Internal Revenue Code section 432(b)(3) - Submission required to the Secretary of the Treasury and plan sponsor - IRS is seeking feedback to minimize respondent burden - No procurement of products or services; strictly regulatory compliance - No specific contract value or product competition, as this is not a procurement opportunity.

Description

This notice invites comments on the information collection request related to the annual certification for multiemployer defined benefit plans. The certification involves an actuarial determination of whether a multiemployer plan is in endangered or critical status for each plan year. The certification must be completed by the 90th day of the plan year and submitted to the Secretary of the Treasury and the plan sponsor. The information collection is an extension of a currently approved collection with no changes.

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